Principles+-+Ch4+-+Positioning

Principles+-+Ch4+-+Positioning - Positioning Positioning...

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Positioning Positioning concept Perceptual mapping Preference mapping
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Principles Chapter 4: Positioning - © DecisionPro 2007 Key Concepts Differentiation (What you do to an offering) : Creating tangible or intangible differences on one or more attributes between a focal offering and its main competitors. Positioning (What you try to do to the minds of customers) : A set of strategies a firm develops to differentiate its offering in the minds of its target customers. Successful positioning will result in the offering occupying a distinct, important, and sustainable position in the minds of the target customers.
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Principles Chapter 4: Positioning - © DecisionPro 2007 General Positioning Options Unique ( Only supplier offering true, four color packaging ) Superior ( Relative to competition, we deliver 20% more on time delivery ) Equal but cheaper (commodity) strategy ( We will meet or beat any competitor’s price )
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Principles Chapter 4: Positioning - © DecisionPro 2007 Example Positioning Statements For [ target segment ], the [ product/concept ] is [ most important claim ] because [ single most important support ]. Iomega For [ PC Users ], the [ IOMEGA Zip drive ] is the [ best portable storage device ] because [ it is most cost-effective system ] . JC Penney For [ Modern Spenders and Starting-outs in mid-income levels who shop for apparel, accessories, and home furnishings ] we offer [ private-label, supplier exclusive, and national brands ] that [ deliver greater value than that of our competitors ] because of [ our unique combination of quality, selection, fashion, service, price, and shopping experience ] . (From jcpenney.com)
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Principles Chapter 4: Positioning - © DecisionPro 2007 Example Positioning Statements Pantene For [ females 18-49 who possess dry damaged hair and believe they cannot achieve truly healthy/shiny hair ] Pantene is a [ hair care system (shampoo/conditioner/ styling aids) ] that offers [ “hair so healthy it shines” ] because it [ “penetrates from root to tip” through its patented Pro-Vitamin B5 formula ]. Microsoft .NET For [ companies whose employees and partners need timely information ], Microsoft.NET is a [ new protocol and software system ] that enables [ unprecedented levels of software integration through XML Web services ], because [ unlike Java, .NET is infused into the Microsoft platform, providing the ability to quickly and reliably build, host, deploy, and utilize connected applications ].
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Principles Chapter 4: Positioning - © DecisionPro 2007 Key Concepts Mapping : Techniques that enable managers to develop differentiation and positioning strategies by helping them to visualize the competitive structure of their markets as perceived by their customers. The maps are derived from data of customer perceptions of existing products (and new concepts) along various attributes, perceptions of similarities between brands, preferences for the products, or measures of behavioral response of customers toward the products.
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This note was uploaded on 01/18/2012 for the course MKT 3370 taught by Professor Staff during the Spring '09 term at Texas State.

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Principles+-+Ch4+-+Positioning - Positioning Positioning...

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