positioning plc
TRANSCRIPT
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Crafting
the Brand Positioning
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Chapter Questions
How can a firm choose andcommunicate an effective positioning inthe market?
How are brands differentiated? What marketing strategies are
appropriate at each stage of theproduct life cycle?
What are the implications of marketevolution for marketing strategies?
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Defining Associations
Points-of-difference
(PODs)
Attributes or benefits
consumers strongly
associate with a
brand, positively
evaluate, andbelieve they could
not find to the same
extent with a
competitive brand
Points-of-parity
(POPs)
Associations thatare not necessarily
unique to the brand
but may be shared
with other brands
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Conveying Category
Membership
Announcing category benefits
Comparing to exemplars
Relying on the productdescriptor
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ConsumerDesirability Criteria for PODs
Relevance
Distinctiveness
Believability
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Deliverability Criteria for PODs
Feasibility
Communicability
Sustainability
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Differentiation Strategies
Product
Channel Image
Personnel
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Product Differentiation
Product form
Features
Performance
Conformance
Durability
Reliability
Reparability
Style
Design
Ordering ease Delivery
Installation
Customer training
Customer
consulting
Maintenance
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Claims of Product Life
Cycles Products have a limited life
Product sales pass through distinct
stages each with different challengesand opportunities
Profits rise and fall at different stages
Products require different strategies ineach life cycle stage
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Figure 10.1 Sales and
Product Life Cycle
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Figure 10.2 Common
Product Life-Cycle Patterns
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Figure 10.3 Style, Fashion,
andF
ad Life Cycles
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Figure 10.4 Long-Range Product
Market Expansion Strategy
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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
price-sensitive buyers
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Stages in the Maturity Stage
Growth StableDecaying
maturity
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Marketing Program
ModificationsPrices
Distribution
Advertising
Sales promotion
Services
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Ways to Increase Sales
Volume Convert nonusers
Enter new market segments
Attract competitors customers
Have consumers use the product onmore occasions
Have consumers use more of the
product on each occasion Have consumers use the product in
new ways
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Market Evolution Stages
Emergence Growth
Maturity Decline
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Emerging Markets
Latent
Single-niche
Multiple-niche
Mass-marketZibbie Zone is one of several
virtual worlds tied to toys
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Figure 10.5 Maturity Strategies