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S&M, Developing A Positioning Strategy
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Free E-journal
Description
Free E–Journal
Sales & Marketing
Developing A Positioning Strategy
Developin g A Positioning Strategy
- Company
What are the strengths and weaknesses, resources, management capabilities,
present market position, values, objectives and policies? Where are we now and where do we want to go?
2. Product and Service
What are the facilities, location, attributes, physical condition and level of service?
Why do people come? Why should they?
3. Brand Position
What is awareness, loyalty and image? How does it compare to competition?
What are the perceived attributes and how are they distributed among the segments?
- Customers
What are their needs, wants and expectations? What benefit do they seek?
What is the optional position of attributes for each customer?
- Competition
Who is the customer and why does that person go there? What do they do
better? How are we different from them? What positions do they occupy?
- The Marketplace
Where is it? What are the customer segments? What is our market share?
How are our customers reached?
- Opportunities
What needs are unmet? Can we meet them? Can we improve on them?
What innovations are needed? Are they worth making?
- Decision:
What is the best overall position?
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