Understanding The Positioning
Friends thank you very much for taking out time from your busy schedule to read my blog(s). Sharing knowledge with you has become my passion now. I feel encouraged after reading your feedback in the comment’s column. Friends’ Everything, I do or say is PR. I’m delighted to share 132nd Blog titled ‘Understanding the Positioning’ with you.
“Positioning is not
what you do to a product. Positioning is what you do to the mind of the
prospect. That is, you position the product in the mind of the prospect.” - Positioning
– The Battle For Your Mind (2001) Authors: Al Ries & Jack Trout.
Friends’ Positioning is the 6th P of 7Ps of PR
introduced by yours truly on social media, precisely, Facebook – META on 1st
January 2012. Positioning defines where a product or service stands in relation
to others offering similar products and services in the minds of its consumers.
Positioning is the single biggest influence on a consumer’s mind.
Positioning makes a product or service
exclusive and makes its beneficiaries considering using it as a distinct
benefit to them. Positioning gives the product or service its Unique Selling Proposition
(USP). In a market place cluttered with lots of products, services and brands
offering similar benefits, Positioning makes a product, service or brand stand
out from the rest.
A well-crafted Positioning strategy not
only improves the image and visibility of an Individual, Product or Service,
Company, Corporate, Organisation and or a Brand but also elevate its marketing
efforts to make the target audience know about them and influence their
decision to buy that product or service. An effective positioning strategy not
only focus on existing status of a product, service or brand but also how they could
possibly grow in the near future.
After positioning strategy, next step is
to choose the right Positioning Statement. The positioning statement should reflect
the Unique Selling Proposition (USP) of an Individual, or product, service, and
the brand to reach – connect - influence – persuade the target audience. Being concise and compelling
expression of how a product, service or brand will deliver value to its target audience,
the Positioning Statement helps the product, service or the brand to stand out in
the market and connect with its target audience. Positioning statement determines
what place a brand should occupy in the consumer's mind compared to the
competition.
Friends’ Positioning, also known
as mindshare marketing, the aim of which is to stake a claim to the cognitive
association in consumers' minds, connecting the brand's trademark with the benefit claim as simply, consistently
and frequently as possible; is a vital concept of marketing communication that create
unique selling proposition for new product or service as well as for the existing
product(s) or service(s). In absence of an appropriate positioning statement, 1.
it would not be easy for any product or service to trade in the target market
comfortably, 2. Unique selling proposition of the product would fail to get communicated
the target audience and 3. The target audience might not be able to
differentiate and decide to buy the product or service in a highly competitive
scenario.
To sum up; Since, Positioning is one of the vital
elements of a marketing communication plan which can influence the mind of the
target audience, if crafted well, can very efficiently communicate the USP of a
product or service or brand to its target audience and help them to arrive at right buying
decision.
Thank you for reading the blog.
#####
Comments
Post a Comment