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Launch! Advertising and Promotion in Real Time, 2009a

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6.3 Position Your Br<strong>and</strong>: Why Will They Want It?<br />

LEARNING OBJECTIVES<br />

After study<strong>in</strong>g this section, students should be able to do the follow<strong>in</strong>g:<br />

1. Def<strong>in</strong>e position<strong>in</strong>g relative to br<strong>and</strong> differentiation.<br />

2. Use three position<strong>in</strong>g dimensions to relate to a br<strong>and</strong>’s strategic objectives.<br />

Position<strong>in</strong>g means develop<strong>in</strong>g a strategy to <strong>in</strong>fluence how a particular market segment perceives a<br />

good or service <strong>in</strong> comparison to the competition. Position<strong>in</strong>g <strong>in</strong>creases potential ad effectiveness by<br />

clarify<strong>in</strong>g the message. This step is all about def<strong>in</strong><strong>in</strong>g a space <strong>in</strong> the m<strong>in</strong>d of the customer—<br />

someth<strong>in</strong>g that your customer th<strong>in</strong>ks of <strong>and</strong> associates with your product.<br />

It’s All Relative<br />

Remember that position<strong>in</strong>g doesn’t just mean what your target market th<strong>in</strong>ks about your product. Rather,<br />

it’s about how she th<strong>in</strong>ks about it relative to competitors’ products—your product is less expensive,<br />

performs better, or fits better with the customer’s lifestyle. Position<strong>in</strong>g often relates to a br<strong>and</strong>’s strategic<br />

objectives. Look<strong>in</strong>g back at our previous discussion of behavioral segmentation, the advertiser might<br />

th<strong>in</strong>k about potential customers <strong>in</strong> terms like these:<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

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