Brand mapping

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Brand Mapping •A technique to identify and visually present a brand's •market position, •consumer perception, •opportunity, •Competition.

Transcript of Brand mapping

Page 1: Brand mapping

Brand Mapping

• A technique to identify and visually present a brand's • market position, • consumer perception, • opportunity, • Competition.

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• In a market overrun with similar goods and services, experience, rather than product, is quickly becoming the only sustainable point of differentiation. • brand mapping process provides insights that guide

action in delivering a unique brand experience.• From insight comes inspiration. Tap into what your

brand is really communicating.

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• Brand mapping is an insight method that makes otherwise invisible connections visible. • A comprehensive brand map will help your

organization identify new and relevant opportunities to strengthen your brand’s connection with consumers by driving differentiation, relevance and authenticity.

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• Your brand may be one of the most valuable assets you own.• Brand mapping will identify where that value resides

and where your audience’s expectations can better be managed. • The insights gained through this process serve as the

basis for initiatives such as: • brand/line extensions, • new product development,• brand innovation and more.

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Brand Mapping: An Effective and Efficient Tool for Marketers

Brand Mapping

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• There is a power to pictures – and that is the reason that perceptual brand mapping can be such an effective and efficient tool for marketers. • Perceptual brand mapping is the visual plotting of

specific brands against axis, where each axis represents an attribute that is known to drive brand selection.• Because brand mapping creates such a concise

summary of significant amounts of information, it has three key benefits for marketeers.

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#1: Unlocking insights about your competitors and industry• In its purest form, perceptual brand mapping shows

the relative position of competing brands based on how those brands are perceived by consumers. • The axis signify brand attributes that are known to be

compelling to consumers and that also enable maximum differentiation among the brands. • Here’s an example of a simplified map regarding

beverage sweeteners. 

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• The value of perceptual mapping is in the visual impact. Through this view of the marketplace, findings may come to light more quickly than they do with tables of data.• In this example, the perceptual map shows the

“proximity” advantage that natural sugar substitutes (like stevia-based Truvia) have over artificial substitutes like Equal for acquiring sugar users who are seeking a healthier alternative. • The implications of this advantage are major due to

the sheer size of the sugar users segment, and the fact that artificial sweeteners like Equal may never be considered by many sugar users.

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• To do perceptual mapping right, it is best to create multiple mappings for your brand and the marketplace by using a few different sets of attributes that are important to the target audience. • Here are another two simplified examples for

beverage sweeteners.

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• This exercise of generating multiple mappings can be fruitful because it requires evaluating your brand, competitors, and the marketplace through different lenses. These additional maps highlight further limitations for artificial sweeteners like Equal relative to natural substitutes like stevia-based Truvia in the eyes of sugar users.• Ultimately, these are the types of learnings that can

confirm specific brands’ strategies or strengths, and that can identify where an industry’s “sweet spot” or value may be located, as indicated on Map #3.

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#2: Communicating where the brand is headed• In addition to surfacing learnings and insights,

perceptual mapping can be an effective tool for describing a desired future position for a brand – especially when a brand is seeking to change its positioning or when an industry is undergoing a major shift.• Understandably, a perceptual map can also help track

the re-positioning of a brand over time as it moves towards that desired future position. Here is another sweeteners example.

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• in this example, a perceptual map shows the position that Equal wants to own – different from the position that it holds in consumers’ minds today. • To that end, perceptual maps can be an effective tool

for communicating brand strategy (or relevant changes) throughout the organization.

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#3: Confirming alignment with your business and brand strategy• Another reason that perceptual mapping is useful for

marketers is that the mappings can help gain alignment on strategy.• A critical conversation to generate with perceptual

mapping is whether a brand’s position is the right position, given the organization’s over-arching business strategy (e.g. vision, scope, advantages) and brand strategy (e.g. positioning, architecture).

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Here are some of the key questions that a team must answer about a brand’s current and intended future position in the marketplace:• Does this brand position align with the company’s strengths,

assets, and capabilities?• Does this brand position effectively express the unique value

that we are offering?• Is this brand position credible and compelling with

consumers and customers?• How sustainable and defensible is this brand position relative

to competitors?

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• In the case of the Equal brand, the company validated the “natural” sweetener opportunity and aligned on the importance of competing in that space with brands like Truvia. • However, ultimately they determined that a different

brand strategy would be most effective with sugar users, launching a new “Naturals, from the makers of Equal” product line. This final map shows where they landed.

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• In conclusion, perceptual brand mapping can be an effective and efficient tool for marketers – yet it is an often overlooked tool in the marketer’s toolkit. • Consider brand mapping as you seek to surface

market insights, communicate brand direction, and ensure alignment of business and brand strategies.