MARKETING MANAGEMENT 13 th edition 10 Crafting the Brand Positioning KotlerKeller.

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MARKETING MANAGEMENT 13 th edition 10 Crafting the Brand Positioning Kotler Keller

Transcript of MARKETING MANAGEMENT 13 th edition 10 Crafting the Brand Positioning KotlerKeller.

Page 1: MARKETING MANAGEMENT 13 th edition 10 Crafting the Brand Positioning KotlerKeller.

MARKETING MANAGEMENT13th edition

10 Crafting the Brand

Positioning

Kotler Keller

Page 2: MARKETING MANAGEMENT 13 th edition 10 Crafting the Brand Positioning KotlerKeller.

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Marketing Strategy

SegmentationSegmentation

TargetingTargeting

PositioningPositioning

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Positioning

Act of designing the company’soffering and image to occupy

a distinctive place in the mind ofthe target market.

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Choosing a Positioning Strategy

Step 1. Identifying Possible

Competitive Advantages

Step 2. Selecting the Right

Competitive Advantage

Step 3. Communicating and

Delivering the Chosen Position

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Defining Associations

Points-of-difference (PODs)

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

Points-of-parity

(POPs)• Associations that are

not necessarily unique to the brand but may be shared with other brands

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Consumer Desirability Criteria for PODs

RelevanceRelevance

DistinctivenessDistinctiveness

BelievabilityBelievability

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Deliverability Criteria for PODs

FeasibilityFeasibility

CommunicabilityCommunicability

SustainabilitySustainability

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Examples of Negatively Correlated Attributes and Benefits

• Low-price vs. High quality

• Taste vs. Low calories

• Nutritious vs. Good tasting

• Efficacious vs. Mild

• Powerful vs. Safe

• Strong vs. Refined

• Ubiquitous vs. Exclusive

• Varied vs. Simple

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• Positioning: How many ideas to promote?

• Unique selling proposition

– Four major positioning errors1. Underpositioning

2. Overpositioning

3. Confused positioning

4. Doubtful positioning

Developing and Communicating a Positioning Strategy

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Differentiation Strategies

Product

Channel Image

Personnel

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Product Differentiation

• Product form• Features• Performance• Conformance• Durability• Reliability• Reparability

• Style• Design• Ordering ease• Delivery• Installation• Customer training• Customer consulting• Maintenance

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Identity and Image

Identity:

The way a

company aims to

identify or

position itself

Image:

The way the

public perceives

the company or its

products