Professional Documents
Culture Documents
Indirect competition
•Even if a brand does not face direct competition in its product
category, and thus does not share performance related
attributes with other brands, it can still share more abstract
associations and face indirect competition in a more broadly
defined product category.
• ‘Shagun – Gift an Insurance”, a unique gift of
Personal Accident policy.
• Can be gifted to anyone you want
• Not necessary for the policy buyer to be related to the
insured.
• The premium of the product - Rs. 501, 1001, 2001
• Premium amount has a touch of our Indian tradition
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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
Points-of-Difference
Points-of-difference (PODs)
POD criteria
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
POP forms
POP forms
Category - Essential to a legitimate and
credible offering within a certain product or
service category