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BSBMKG401A Profile the market POSITIONING BASICS Competency 4: Develop a positioning strategy

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Title: BSBMKG401A Profile the market POSITIONING BASICS Competency 4: Develop a positioning strategy


1
BSBMKG401A Profile the market POSITIONING
BASICS Competency 4 Develop a positioning
strategy
  • References
  • Rix chapter 4
  • Al Ries and Jack Trout Positioning the battle
    for your mind Warner

2
Positioning is about perception.
  • Positioning links the product to benefits or
    appealing images.
  • Closely linked with segmentation
  • how customers perceive the product depends on
    who they are

3
Why positioning?
  • The over communicated society means that
  • Impact of marketing and ads is minimal
  • Not a sledgehammer
  • A light fog
  • Selective attention to information
  • Rejected if too complex
  • Rejected if it doesnt fit existing opinions
  • Simplified minds need simplified messages

4
Ladder of awareness within each category
Pal
My Dog
Little ladders in your head
  • What hope is there for OTHER brands that do NOT
    spring to mind?

Chum
Good O
5
The easy way into the mind
  • Be first
  • Imprint the customer

6
Be first to tell the story
  • Christopher Columbus vs Amerigo Vespucci

7
The simplified mind uses product categories to
save effort
The pigeon holes in your head
8
We see what we expect to see
  • Which category does it fit into? Categories
    reduce need for thought
  • Look for the empty hole and fill it!!

9
Attach new meanings to the brand
  • Is it just another meat flavoured product in a
    can?
  • What are some ideas you could attach instead?

VU Dog Food
10
Competitive positioning communicates the benefits
by comparing it with the competition
  • Informational positioning
  • Product/benefit link cites product benefits
  • Image positioning
  • Customer reads in the benefits

11
Typical positioning strategies
  • Product features
  • Benefits
  • How it is used
  • Who uses it
  • Against the competiton

12
Perceptual mapping
  • Attitude scales and snake diagrams
  • Spiderweb diagrams
  • Multiarmed diagrams
  • How close is one to the next?

13
Snake diagram based on attitude scales
14
Spider web diagram
15
Yet another chart of the same data
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