Chapter 10kisi.deu.edu.tr/banu.atrek/MBA 5011 Strategic Marketing Management... · Chapter 10...

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Transcript of Chapter 10kisi.deu.edu.tr/banu.atrek/MBA 5011 Strategic Marketing Management... · Chapter 10...

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Chapter 10

Crafting theBrand Positioning

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Developing a Brand Positioning

• Positioning– The act of designing a

company’s offering and image to occupy a distinctive place in the minds of the target market

– Value proposition

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Value proposition

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Competitive Frameof Reference

• Competitive frame of reference– Defines which other brands a brand competes

with and which should thus be the focus of competitive analysis

– Identifying and analyzing competitors

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Competitive Frameof Reference

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Points-of-Differenceand Points-of-Parity

• Points-of-difference (PODs)– Attributes/benefits that

consumers strongly associate with a brand, positively evaluate, and believe they could not find to the same extent with a competitive brand

Apple(design, ease-of-use)

Energizer(longest lasting battery)

Louis Vuitton(most stylish handbags)

Nike(performance, innovative technology, and winning)

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• POD criteria

Points-of-Differenceand Points-of-Parity

Desirable

Deliverable

Differentiating

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Method Cleaning ProductsSustainability, attractive and functional product design

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Points-of-Differenceand Points-of-Parity

• Points-of-parity (POPs)– Attribute/benefit associations that are not

necessarily unique to the brand but may in fact be shared with other brands

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• POP forms

Points-of-Parity

Category• attributes or benefits that consumers view as essential

• necessary—but not sufficient—conditions for brand choice

Correlational• negative associations arising from positive associations of a brand

(price vs. quality; easy to use vs. Having advanced features )

Competitive• associations designed to overcome perceived weaknesses of the

brand in light of competitors’ point of difference

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CHOOSING SPECIFIC POPS AND PODS

– Perceptual map

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BRAND MANTRAS

• Authentic Athletic Performance

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BRAND MANTRAS

Communicate

Simplify

Inspire

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