What Is Brand Positioning Pdf
4 makes the brand more creative.
What is brand positioning pdf. Positioning description must be defined clearly with a poetic and artistic style. The world s 2nd most valuable brand with a brand valuation of 146 billion apple over the past many years have created a niche that no other product in its category has been able to achieve. There are quite many brands in the market offering the similar lines of products and services to the same target market and audience but it is the brand positioning that makes one brand different and unique from the other. In positioning phase the importance of the company s and its product s name brand will increase even more.
A good brand positioning helps customers to resonate with the values and concepts of brand and helps them to associate with it on a. Th erefore it is a useful strategic tool which may and should be used in the process of managing an administrative unit. Positioning is defined as how the customers perceive a brand in their minds. Brand positioning is also referred to as a positioning strategy brand strategy or a brand positioning statement.
A popular and misconception theory series that positioning is how a brand is placed in the minds of people by the company but on the contrary positioning is how people perceive it. What is market positioning. Brand positioning has been defined by kotler as the act of designing the company s offering and image to occupy a distinctive place in the mind of the target market. Brand positioning of apple understanding apple s segmentation targeting and positioning.
And if the brand is able to come up with the innovative and novel positioning strategy and execution the brand is adorned with the tag of. In positioning period the key to success is avoiding the wrath of creativity for simple and clear positioning statements. Competitive advantages allow a company to achieve regarding a brand or product relative to competitors. Brand positioning a simple definition.
The battle for your mind the idea is to identify and attempt to own a marketing niche for a brand product or service using various strategies including pricing promotions distribution packaging and. Brand positioning defi nes the brand in question by indicating the diff erentiating elements in the context of the target group s needs and expectations as well as the competition. In other words brand positioning describes how a brand is different from its competitors and where or how it sits in customers. Positioning is the base for developing and increasing the required.
Positioning creating a unique and distinctive image for a brand relative to the competition brand should be perceived as different from competitors by consumers. A strong brand positioning directs marketing strategy by explaining the brand details the uniqueness of brand and it s similarity with the competitive brands as well as the reasons for buying and using that specific brand. Popularized in al ries and jack trout s bestselling positioning.