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Markma Report Chapter 10

Date post: 12-Nov-2014
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Crafting the Brand Positioning Kristoffer Z. Jongco
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Page 1: Markma Report Chapter 10

Crafting the Brand Positioning

Kristoffer Z. Jongco

Page 2: Markma Report Chapter 10

Outline

• What is Brand/Branding• Choosing & communicating effective

positioning in market• Differentiating brands• Marketing strategies for stages of product life

cycle• Marketing evolution

Page 3: Markma Report Chapter 10

Choosing and Communicating an Effective Positioning in the Market

How to choose good elements: •Memorable•Meaningful•Likeable•Transferable•Adaptable

Page 4: Markma Report Chapter 10

Brand and Branding

Brand: A name, term, sign, symbol, or a combination, intended to identify the goods or services of one seller or group of sellers and to differentiate them from competitors

Branding: Providing goods and services with the power of the brand

Page 5: Markma Report Chapter 10

Advantages of Strong Brands

• Improved perceptions of product performance

• Greater loyalty• Less vulnerability to

competitive marketing actions

• Less vulnerability to crises

• Larger margins• More inelastic

consumer response• Greater trade

cooperation• Increased marketing

communications effectiveness

• Possible licensing opportunities

Page 6: Markma Report Chapter 10

How Brands are Differentiated

• Product

• Personnel

• Channel

• Image

Page 7: Markma Report Chapter 10

Product Differentiation

• Product form• Features• Performance• Conformance• Durability• Reliability• Reparability

• Style• Design• Ordering ease• Delivery• Installation• Customer training• Customer consulting• Maintenance

Page 8: Markma Report Chapter 10

Personnel Differentiation

•Better trained •Competent •Trustworthy•Friendly & respectful•Reliable•Responsible•Good communicator

Page 9: Markma Report Chapter 10

Channel Differentiation

• Coverage• Expertise• Performance

Page 10: Markma Report Chapter 10

Image Differentiation

• Establish character and value proposition • Convey in a distinctive way•Deliver emotional power

Page 11: Markma Report Chapter 10

Product Life Cycles Stages

Page 12: Markma Report Chapter 10

Appropriate Marketing Strategiesfor stages of product life cycle

Stages:Growth; Stable; Decaying Maturity

Improve quality Distribution Advertising Sales Promotion Services

Attract

Page 13: Markma Report Chapter 10

Market Evolution

• Emergence

• Growth

• Maturity

• Decline

Page 14: Markma Report Chapter 10

Communicate effective positioning

Brand Differentiation Marketing Strategies

Market Evolution

Page 15: Markma Report Chapter 10

Summary

• What is Brand & Branding?• How to choose and communicate effective

positioning• Brand Differentiation• The different marketing strategies• Evolution of marketing


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