|Published (Last):||11 August 2016|
|PDF File Size:||15.67 Mb|
|ePub File Size:||16.28 Mb|
|Price:||Free* [*Free Regsitration Required]|
But if you feel like this concept remains too abstract and unclear, then this article is for you! Why is brand positioning important? By shaping consumer preferences, brand positioning strategies are directly linked to consumer loyalty, consumer-based brand equity and the willingness to purchase the brand. How to find a powerful brand positioning 3 simple steps?
Step 3: The remaining challenge is to then reflect this brand positioning in everything that you do brand personality, packaging design, product, service, visual identity design, communications, etc.
Their objective was to enter the US Market and to be perceived very differently from the vast majority of wine brands, that all sell complicated products with sophisticated and hard-to-understand wine terminology. This is how they achieved this brand positioning: The product: Yellow Tail developed a wine that is soft and sweet in taste and as approachable as beer and ready-to-drink cocktails. It resulted in an easy-drinking wine that did not require years of experience to develop an appreciation for it.
The name: A fun and adventurous name that represents the tail of a Kangaroo as a reference to the Australian origins. The visual identity: Designing a fun, colorful and unintimidating packaging design without complicated enological terms.
Did this article help you understand the meaning of brand positioning? Do you know other brands that excelled at finding a great brand positioning? References academic sources : — Kotler, P. Marketing Management.
Crafting the Brand Positioning.ppt
CH-10-Crafting the Brand Positioning
Copyright Pearson Education, Inc. Publishing as Prentice Hall Claims of Product Life Cycles Products have a limited life Product sales pass through distinct stages each with different challenges and opportunities Profits rise and fall at different stages Products require different strategies in each life cycle stage Copyright Pearson Education, Inc. Publishing as Prentice Hall Strategies for Sustaining Rapid Market Growth Improve product quality, add new features, and improve styling Add new models and flanker products Enter new market segments Increase distribution coverage Shift from product-awareness advertising to product-preference advertising Lower prices to attract the next layer of pricesensitive buyers Copyright Pearson Education, Inc. Publishing as Prentice Hall Ways to Increase Sales Volume Convert nonusers Enter new market segments Attract competitors customers Have consumers use the product on more occasions Have consumers use more of the product on each occasion Have consumers use the product in new ways Copyright Pearson Education, Inc. Publishing as Prentice Hall