Professional Documents
Culture Documents
Elective – 1
BBA- Marketing
Semester - VI
Strategic brand
building and
management process
Step - 5
Identify Brand Positioning
Identifying brand positioning
5 basis
To communicate the value
proposition to the consumers we
consider positioning the brand in
their minds
Positioning
something targeted towards the minds
of the consumers
Effective when customer thoughts =
core identity
Example
2011
COFFEE
CUP
The Cup
Engineered with
paper finish outside The brew
but plastic coating From original 8
inside to prevent ounces to 12, 16, 20
leakage and 31 ounce cups are
available
The mascot
Intact in all it’s products
is the siren – greek
mythology or the The lid
mermaid. Recognized Engineered to avoid
by all – good brew, high spilling. In 2011 debut of
quality, coffee. the ‘Coffee lid Sip hole
plug stopper’ happened.
Positioning
The unique place the brand occupies in the minds of
the customers.
or
Positioned as:
Pleasurable
nourishment to
increase performance
and growth
Ad campaign – malt based drinks
Positioned as: to
take on physical and
mental challenges
Ad campaign – malt based drinks
Segmentation
Occasion
Geographic Demography
Location
Special Benefit
Psychographic
Factors
Regular
Consumer based eg: Brand name
change
Consumer based segmentation
Geographic location:
Metros
Cities
Demography
Urban India
Middle class
Psychographic Factors:
Cricket
Seek new things +++++
Birth
of
Zoo
zoo
Buying situation-based segmentation
FRAGRANCE CATEGORY
Special
Regular
Benefit
Targeting
Focus: Segment attractiveness 2
Factors affecting attractiveness:
Competition: direct and substitute
Bargaining power of buyers
Bargaining power of suppliers
Company objectives
Available resources: sales, legal, delivery, etc.
Segmentation
• Consumer based
• Buying situation based
Selecting an apt
Targeting
• Evaluate market segment positioning strategy
• Select market segment
Acquiring
Features cost
?
PRICE
Brand Benefits - example
COOKING OIL
Early habits – late 1980’s
Input4
Example
Chinese electric car maker BYD said it's operating the world's largest
face mask factory less than a month after starting production in
response to the COVID-19 outbreak, according to a press release
issued Friday and first reported by Bloomberg.
20 minutes
versus
18 minutes
Become best: meet consumer needs
Enter a new category
Become best: overcome competitor’s move