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Brand Positioning: Key Questions

Source: Jack Trout, brandingstrategyinsider.com

To apply positioning thinking to your own company’s situation, here are six key questions to ask yourself:

1. What position, if any do we already own in the prospect’s mind?

Get the answer to this question from the marketplace, not the marketing manager. If this requires a few dollars for research, so be it. Spend the money. It’s better to know exactly what you’re up against now than to discover it later when nothing can be done about it.

2. What position do we want to own?

Here is where you bring out your crystal ball and try to figure out the best position to own from a long-term point of view.

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Posted by Craig on June 19th, 2008 | Leave a Comment »
Posted under: Strategy

Positioning A Follower

Source: Jack Trout, brandingstrategyinsider.com

Second-place companies often are late because they have chosen to spend valuable time improving their product before launching it. As my former partner Al Ries and I wrote in Positioning: The Battle for your Mind, it is better to be first and establish leadership.

If a product is not going to be first, it then must find an unoccupied position in which it can be first. At a time when larger cars were popular, Volkswagen introduced the Beetle with the slogan “Think small.” Volkswagen was not the first small car, but they were the first to claim that position in the mind of the consumer.

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Posted by Craig on June 14th, 2008 | Leave a Comment »
Posted under: Strategy