Go Ask Alice
One of fiction's finest marketing minds, The Cheshire Cat,
once told Alice in Wonderland something all business owners
and marketers should remember:
"If you don't care where you are going, it doesn't make a
difference which path you take."
For businesses bent upon success, it does matter which path
you take. A positioning statement helps you chart your path
to success because it lets all your audiences - internal and
external - know where your organization stands in the battle
for your consumers' minds.
Positioning: What Is It?
You should not confuse a positioning statement with your
market position. As Harry Beckwith states in his book
Selling the Invisible, "A position is a cold-hearted,
no-nonsense statement of how you are perceived in the minds
of your prospects. A positioning statement, by contrast
expresses how you wish to be perceived. It is the core
message you want to deliver in every medium."
Your positioning statement will be found where three items
intersect:
- your business acumen/aspirations
- your market
- what truly differentiates you
Of the three, it is your market which holds the key to your
positioning. That doesn't mean that your acumen and
aspirations are irrelevant. You must have a clear
understanding and shared agreement on these at the
management level in order to develop an effective
positioning statement.
My approach to developing an effective positioning
statement and an actionable marketing plan begins with
gaining this understanding. Here's how we go about it, and
you can too:
- interviews with management and employees to learn job
responsibilities, current marketing practices, as well as to
surface questions for customer interviews
- a review of appropriate primary and secondary research
- a series of one-on-one customer interviews
Customer interviews allow us to probe for information such
as:
- how customers perceive your "product" and other products in
the category. what the customer wants from the product
category he is not now receiving. what is the primary
customer benefit of your product
- how your customers currently position your brand. how
customers perceive your competitors
- what media habits, lifestyles do customers share. what
industries do they work in, what are their titles, what
associations do they belong to
- how do customers want to be communicated with
Once all the information is in, you may develop a
positioning statement that clearly says who you are, defines
your audiences, indicates what markets you are targeting,
and states what makes you different from your competitors.
Once this is done, everyone knows where they are going and
then it's easy to find the right path.
About the author: Harry Hoover is managing principal of Hoover ink PR, http://www.hoover-ink.com. He has 26 years of experience in crafting and delivering bottom line messages that ensure success for serious businesses like Brent Dees Financial Planning, Duke Energy, Levolor, North Carolina Tourism, Ty Boyd Executive Learning Systems, VELUX and Verbatim.
MORE RESOURCES:
 |
 |
 |
RELATED ARTICLES
The Big Uneasy: Clearing the Clouds of Guess
People often come to me to assist them with developing
their brand because they are unable to accomplish the
business success they desire. They're experiencing what
we call the Big Uneasy--the state of being when things are
hard.
Brand Awareness - Brand Identity
About once a month a few of us at the office get together during lunch for what has become known as a SWAP meeting. We share thoughts, stories and sometimes play Pictionary.
Why Should I do Business With You?
It's the question that is on the minds of all our customers regardless
of what products or services we are offering. Potential customers
want to know what makes you so different and why should they
do business with you as opposed to one of your competitor's.
Brand Equity
Brand equity can be defined in many different ways. I have developed a simple, yet powerful, definition of brand equity.
Logo Design - Branding - Brand Identity Guru
Do you have any idea how important your company logo is? Well you should. It appears on everything from your corporate identity system, brochures to your website, reaching customers, prospects, vendors and the press.
Living Your Brand on the Web - Part 2
Now that everyone has conformed to Living Your Brand on the Web, Part 1, it's time to add a couple of tweaks that will further reinforce your brand.Tweak #1: Your Signature FileA signature file is the simple text that, once activated is attached to your email automatically.
Im Just Starting, Why Do I Need a Logo Design?
Businesses eager to open often give little thought to their identity.
With so much to get done, designing an appropriate logo hardly seems
like a top priority.
Wealthiest 10% of Americans Name Top Quality Brands for 8 Products in New Survey
The seventh in a continuing series of twice-yearly surveys by The American Affluence Research Center (AARC) reveals the brands considered to have the highest quality, regardless of price, by the wealthiest 10% of Americans, the 11 million households representing about half of all consumer income and spending, a third of the total US economy, and 70% of the personal wealth of Americans.Just released, the AARC report, The Luxury Market: Spring 2005 Survey of Affluent Americans, shows the affluent named Rolex, Cartier, and Tag Heuer as the top three brands for quality, regardless of price, for lady's fine watches.
Positioning and Branding - Brand Identity Guru
Where is your brand positioned in the marketplace? How is it perceived, both positively and negatively? Can you identify your brand's core strength's and equities? What are the barriers or threats standing in the way? A brand strategy company will provide you with an objective assessment of your brand.They can deliver specific solutions that will allow you to reach your strategic business goals and objectives, and clearly differentiate your brand and identity in the marketplace.
Optimize Your Mailing List For Better Results
A list of customers who have previously bought from you is your most important asset. These are the customers who will provide you with return business, which is more profitable than the first sale.
Business Branding - How Character Affects Customers and Your Business Image
The public buys far more than just your products, services and so-called image promotions. Whenever they interact with anyone or anything associated with your business, they are automatically branded emotionally, good or bad, by the totality of your business character.
What the Heck is Branding and Why Should I Care?
There's been a lot of buzz lately about branding. But what exactly is it, and who needs to do it? Simply put, a brand is what makes your business uniquely YOU! It's the way you present your business and how the world perceives it.
Top Eight Mistakes to Avoid When Naming Your Business
Naming a business is like laying the cornerstone of a building. Once it's in place, the entire foundation and structure is aligned to that original stone.
Three Brand Identity Myths That Will Bring Your Business Down
To begin, let's define "Brand Identity," which is the combination of consistent visual elements that are used in your marketing materials. A basic Brand Identity Kit consists of a logo, business card, letterhead, and envelope.
Brand Love, Part 2
Last issue, I talked about increasing your Brand Love-- meaning to increase the affection that prospects and customers feel toward your business.Why?Because increasing "affection" will build relationships.
Why You? -- Professional Identity Branding
You can have first-rate products and services, but if you can't establish the need, communicate the benefits and differentiate yourself from the competition in ways that make people want to do business with you, you'll forever be selling up hill.As Robert Krumroy, Identity Branding, Inc.
Is Your Logo Helping or Hurting Your Business?
The quality of your logo can mean the difference between success or failure. It can be that simple!Trademarks and Logos make up the most international language in the world.
How Do You Define a Good Logo Design?
Everyone wants his company logo to be the best but how good is good? How do we define a good logo? Is it necessary to be colorful or an exquisite piece of art? Can a simple design work as a good logo? We are often in a dilemma.Now to define a good logo design we first need to understand the purpose of having a logo.
When Search Engine Marketing and Trademarks Collide
In the world of marketing, branding issues are always an important part of any campaign. Companies work hard for their name to be recognized as a quality organization and a leader in their field.
Brand Strategy - Brand Identity Guru
If you could have the secret recipe and all the manufacturing facilities of Coca Cola but not the Coca Cola brand-or have its famous brand but no facilities-which would you choose? It's not a trick question. But it demonstrates the power of the brand.
|