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Characteristics, Types,
Examples & Ideas
Customers weigh generic products offered by different brands according to the
associations and traits they come along with. The competition in the market is
intense and brand positioning is what gives a boost to the demand for the products
offered by the brand, even if the offering isn’t much different from the
competitions.
Brand positioning usually forms the backbone of the branding strategy of any
company. Till the time a positioning strategy resonates with the needs and wants of
the target market, a brand can thrive. However, a wrong positioning strategy can
even make a good product fail.
What Is Brand Positioning?
Positioning is the unique space a brand occupies in the brains of the customers. It
makes customers view a specific brand in a unique way by associating emotions,
traits, feelings, and sentiments with it. These associations make it stand out from
the competition.
Positioning is usually the reason why customers buy a specific brand whose
product doesn’t necessarily differ from the competitors.
Positioning creates a bond between the customer and the business. It’s that friend
of the customer who’ll always stay in their subconscious mind and will make them
recall about the company whenever they hear about the any of its product or a
particular feature which makes it stand out.
Relevant
The positioning strategy you decide should be relevant according to the customer.
If he finds the positioning irrelevant while making the purchase decision, you’re at
loss.
Clear
Your message should be clear and easy to communicate. E.g. Rich taste and aroma
you won’t forget for a coffee product gives out a clear image and can position your
coffee brand differently from competitors.
Unique
A strong brand positioning means you have a unique credible and sustainable
position in the customers’ mind. It should be unique or it’s of no use.
Desirable
The unique feature should be desirable and should be able to become a factor
which the customer evaluate before buying a product.
Deliverable
The promise should have the ability to be delivered. False promises lead to
negative brand equity.
Points of difference
The customer should be able to tell the difference between your and your
competitor’s brand.
Recognizable Feature
The unique feature should be recognizable by the customer. This includes keeping
your positioning simple, and in a language which is understood by the customer.
Validated by the Customer
Your positioning strategy isn’t successful until the time it is validated by the
customer. He is the one to decide whether you stand out or not. Hence, try to be in
his shoes while deciding your strategy.
Types of Positioning
A positioning strategy depends on many factors which include current market
conditions, your product, USP of your product, competitors, their products and the
USPs of their products. Marketers plan of how they want their product to be seen
by the customers in future also plays a vital role in deciding which type of
positioning strategy to choose.
While there are numerous position strategies in marketing to choose from. The task
for the marketers is to complement their promise to the product features they have
to offer.
Lifestyle Positioning
By positioning itself as a lifestyle brand, a brand tries to sell an image and identity
rather than the product. The main focus is to associate the brand with a lifestyle
and focus is more on the aspirational value than the product value. Cigarette,
Alcohol, and Tabacco companies are often seen to use lifestyle positioning while
marketing their products.
The Problem Solver
Most of the brands focus on positioning their products as a one stop solution for a
specific problem. They pinpoint the pain areas and the challenges the consumers
face in their communication and other marketing strategies and mend it into
promoting their product.
Parent Brand
This positioning strategy aims at establishing a brand promise and a reputation of
the parent brand. All the products and sub-brands under the parent brand seem to
comply with the established promise.
Product Specific
Some brands which cater to different market segments, use product-specific
positioning strategies where they position their different products differently than
others. This is usually seen in the automobile industry.
Feature Specific
When the competition is huge and the products are similar, companies usually
position their products by focusing more on specific features like price, quality, or
other micro features depending on the product sold. This type of positioning
strategy is usually seen in the mobile industry.
Your research should not be based on secondary data. You should go out and look
for what the customer actually wants, make the product fit those wants, and they’ll
buy it.