Why brand positioning is critical for your brand!!!
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Why brand positioning is critical for your brand

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Why brand positioning is critical for your brand

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Why brand positioning is critical for your brand

Why brand positioning is critical for your brand!!!

With so much competition in the business ecosystem, it has become very important

that your brand set itself apart and position itself in the mind of the consumer. A

properly developed brand position strategy will help your brand build an engaging

online audience faster than anything else. Of course, positioning your brand comes

from your knowledge and understanding of your consumer. The aim of a brand

when trying to position itself is to stand out to the target audience by

differentiating the brand from competitors. A brand needs to find proper channel to

connect emotionally with the target audience and make their service relevant to

consumers at all times.

What is Brand Positioning Anyway?

Brand Positioning is the marketing strategy that aims to make a brand occupy a

different position, relative to competing brands, in the mind of the customer. What

this means in simple term is that your brand comes to mind anytime your consumer

think of a particular product or service in your industry. Brand positioning is also

referred to as brand strategy, positioning strategy, or a brand positioning statement.

The idea behind this undertaken according to the best-selling book "Positioning:

The Battle For Your Mind”by author Jack Trout is to identify and try to "own" a

marketing niche for a brand, service, or product utilizing various strategies which

include promotions, pricing, packaging, distribution, and competition. The overall

idea behind an effective brand positioning is to create an impression so unique in

the mind of the consumer that he will come to associate your brand with something

specific and desirable.

The objective of brand positioning is to target the "consumer's reason" to buy your

brand in preference to others. This concept ensures that the brand activities is

guided, directed and delivered by brand's reasons to buy.

It should be noted that it is the consumer that build brands and not the company.

While it can be argued that the brands can influence the consumer perceptions

through marketing and advertising tactics, it's the consumer who experiences a

brand; he is also the one that develops expectations based on his experience of the

brand. Hence, an effective brand positioning strategy must be unique and

believable.

Your brand positioning strategy must also be:

Unique/distinctive vs. competitors

Sustainable


Why brand positioning is critical for your brand

Difficult to copy

Strong enough to withstand competitor counter-attacks

Significant and encouraging to the niche market

Proper to all major geographic markets and businesses

Helps organization achieve its financial goals

Support and boost organization perception and image

For a brand positioning to be wholesome, it must be able to occupy a distinctive

place and value in the target consumer's mind. For instance - Apple Inc. positions

itself in the consumer's mind as one entity which can provide high quality and one-

stop solution for all the smartphone needs.

Brand Positioning Strategy Process

Brand positioning is not an easy task. In fact, it is one of the most difficult tasks

any organization can undertake because it involves competing against major

competitors in order to wrestle the control of bigger market share from them.

Before you can create an effective position strategy, your organization must first

identify what makes it unique and find out what set it apart from your major

competitors.

Here are 5 effective steps to position your brand in the marketplace:

1.Determine How Your Brand Is Currently Positioning Itself

What are your plans for attack? What makes your brand unique? How do you plan

to set yourself in the mind of consumers? The answers to these questions will help

you plan effectively on what strategies; promotional and marketing methods to

adopt.

2.Identify your direct competitors

You cannot begin to position your brand until you know and understand who you

are competing against. This is one of the first steps you must take when your

organization decides to apply positioning strategy.

3.Study and Understand Your competitor Positioning Strategy

To launch an effective counter-attack, you must first take the time to study,

evaluate, and understand the strategies adopted by your competitors and then adopt

a unique strategy to make your brand unique.

4.Develop a Distinct and Value-based Positioning Idea


Why brand positioning is critical for your brand

An effective brand positioning must be unique and distinctive. It must provide

value to the consumer and give them the reason to buy. A brand must make a

believable and sustainable promise to gain their trust and loyalty.

5.Develop A Brand Positioning Statement

This is a declaration statement that communicates your brand's unique value to

your customer's in relation to your major competitors. When crafting your brand

positioning statement, you must incorporate into the statement a concise summary

of your target customer; you must state your market definition, your brand benefits

to your target customers, and the reason to believe your brand.

Brand positioning strategy example:

For instance, in recent years, Apple Inc. new CEO Tim Cook, has changed Apple's

brand positioning statement to read;

"Apple designs Macs, the best personal computers in the world, along with OS X,

iLife, iWork and professional software. Apple leads the digital music revolution

with its iPods and iTunes online store. Apple has reinvented the mobile phone with

its revolutionary iPhone and App store, and is defining the future of mobile media

and computing devices with iPad"

When you have crafted a strong brand positioning statement, you can go ahead and

consolidate it by creating a slogan or tagline that helps your brand to accomplish

the position you are looking to own.

BRAND POSITIONING ERRORS

There are various positioning errors you must avoid while positioning your brand:

1.Under Positioning

This involves creating a vague and unclear idea of your brand.

2.Confused Positioning

This scenario occurs when your target customers have a confused opinion of your

brand.

3.Double Positioning

This occurs when your positioning is not believable and the target costumers refuse

to accept your brand claims.

When your postioning strategy has gone, your brand needs a brand repositioning


Why brand positioning is critical for your brand

Conclusion

Brand positioning is the base for creating and enhancing the required knowledge

and perceptions of the customers. It is a concept that will make your brand stand

out from your competitors. A business that desires to have a bigger market share

and the control of the market must make brand positioning their top priority.


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