Lesson 14º

 

 

 

 

 

 

 

Establishing a Positioning Strategy

1.- Analyze the competitors. We need to identify who the competitors are. Answer the question, who are our competitors? the answer to this can be as obvious as it first appears. For example, for Coca Cola the competitors can be the rest of the coke manufacturers, but they can also consider the different soft drink manufacturers or other alternative drinks. To identify our competitors one possibility is to analyse what products the consumer considers alternative.

2.- Determine how the consumers perceive the different competitors. You will have to study how the consumers perceive and evaluate different competitors. There are various techniques to determine the position of the different competitors in the mind of the consumers. Therefore, we should analyze the consumers in depth.

3.- Select the positioning. Once we have the different competitors placed we can choose the position we want to occupy. It is a good idea to choose a position which we can defend and that is not taken by a powerful competitor.

4.- Negotiate the positioning. You need to maintain the positioning for a period of time. A big part of company actions, especially marketing activities, are going to influence the positioning in the mind of the consumer. Therefore, you will need to co-ordinate the different marketing actions. It is necessary to have a continuous and systematic brand image and positioning management.