three questions you need to ask about your brand

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3 Questions You Need to Ask About Your Brand

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Page 1: Three questions you need to ask about your Brand

3 QuestionsYou Need to Ask

About Your

Brand

Page 2: Three questions you need to ask about your Brand

Traditionally, brand positioning has been concentrated on

Points of Difference

Page 3: Three questions you need to ask about your Brand

But that alone may not be enough to sustain a brand against competitors

Page 4: Three questions you need to ask about your Brand

But that alone may not be enough to sustain a brand against competitors

There are two others aspects

of Brand Positioning

Page 5: Three questions you need to ask about your Brand

Frame of Reference

Points of Parity

Page 6: Three questions you need to ask about your Brand

The case of Subway’s Health

Page 7: Three questions you need to ask about your Brand

In the year 2000 Subway positioned itself as a healthy fast food brand.

Page 8: Three questions you need to ask about your Brand

In the year 2000 Subway positioned itself as a healthy fast food brand.

The campaign solely focused on its point of difference (Health) all the while neglecting its

point of parity (Taste)

Page 9: Three questions you need to ask about your Brand

The Subway Guy

Jared Fogle

Page 10: Three questions you need to ask about your Brand

But the company soon realized that fast food consumers prefer taste over health

Page 11: Three questions you need to ask about your Brand

And so Subway launched another

campaign focusing on taste

Page 12: Three questions you need to ask about your Brand

That’s okay, But what are these

questions you are talking about ?

Page 13: Three questions you need to ask about your Brand

Have we established a

frame of reference?

Page 14: Three questions you need to ask about your Brand

Brand positioning starts with establishing a frame of reference

(Superhero)

It signals what the people can expect to achieve from the

brand(no more bad guys)

Page 15: Three questions you need to ask about your Brand

Many brands can have the same frame of reference while having their own

points of parity and points of difference

Page 16: Three questions you need to ask about your Brand

Life cycle of a product influences the choice of frame of reference

Page 17: Three questions you need to ask about your Brand

A new product can use competitor’s products to establish a frame of reference

Page 18: Three questions you need to ask about your Brand

A new product can use competitor’s products to establish a frame of reference

As the product grows new opportunities may emerge to shift the frame of reference

Page 19: Three questions you need to ask about your Brand

Not shifting frame of reference at the right time may lead to

product failure

Page 20: Three questions you need to ask about your Brand

The case

of the

distant cousin

Page 21: Three questions you need to ask about your Brand

In 2009 Parle Agro launched Grappo Fizz as a cousin of Appy Fizz

Page 22: Three questions you need to ask about your Brand

In 2009 Parle Agro launched Grappo Fizz as a cousin of Appy Fizz

Both the products had common ads. Grappo never had its own campaign

Page 23: Three questions you need to ask about your Brand

In 2009 Parle Agro launched Grappo Fizz as a cousin of Appy Fizz

Both the products had common ads. Grappo never had its own

campaign

The company failed to position Grappo Fizz as a

player in a different category

Page 24: Three questions you need to ask about your Brand

In 2009 Parle Agro launched Grappo Fizz as a cousin of Appy Fizz

Both the products had common ads Grappo never had its own

campaign

The company failed to position Grappo Fizz as a

player in a different category

Thus it was always seen as an underling to Appy Fizz

Page 25: Three questions you need to ask about your Brand

Are we leveraging our points of parity?

Page 26: Three questions you need to ask about your Brand

Once a frame of reference is chosen, some points of parity (POP) must be met

with to establish the product as a legitimate and credible player in that

frame

Page 27: Three questions you need to ask about your Brand

New brands

The more the innovation more the

difficulty to fit it into one

established frame

Page 28: Three questions you need to ask about your Brand

For brand extensions

Brand ExtensionsMore the brand differs from a base brand,

greater the importance of focusing on frame of reference

Page 29: Three questions you need to ask about your Brand

Established Brands

Even established brands need to reassess their points of parity from time to time

Page 30: Three questions you need to ask about your Brand

Established Brands

Even established brands need to reassess their points of parity from time to time

The best strategy here is to create a point of parity from a competitor’s point of difference

Page 31: Three questions you need to ask about your Brand

The case of sensitive teeth

Page 32: Three questions you need to ask about your Brand

Up until 2011 sensitive toothpaste market was virtually nonexistent in India

Sensodyne made people aware about teeth sensitivity and made its place in the

market due to its point of differentiation

Page 33: Three questions you need to ask about your Brand

Because of the increased demand other brands

followed suit and introduced sensitive

toothpastes

Page 34: Three questions you need to ask about your Brand

Because of the increased demand other brands

followed suit and introduced sensitive

toothpastes

Colgate re-launched its sensitive toothpaste as Colgate Sensitive Pro-Relief

Page 35: Three questions you need to ask about your Brand

Apart from sensitivity, over the years many brands have introduced points

of parity to counter other brands

Page 36: Three questions you need to ask about your Brand

Are the points of difference compelling?

Page 37: Three questions you need to ask about your Brand

While one shouldn’t solely rely points of

difference, they can’t be

ignored

Page 38: Three questions you need to ask about your Brand

There are three types of brand differences

Brand Performance Associations

Brand Imagery Associations

Consumer Insight Associations

Page 39: Three questions you need to ask about your Brand

Brand Performanc

e Association

s

Page 40: Three questions you need to ask about your Brand

Brand Performanc

e Association

sConsumption

Page 41: Three questions you need to ask about your Brand

Brand Performanc

e Association

sConsumption

Durability, Reliability and Serviceability

Page 42: Three questions you need to ask about your Brand

Brand Performanc

e Association

sConsumption

Durability, Reliability and Serviceability

Service Effectiveness, Efficiency and Empathy

Page 43: Three questions you need to ask about your Brand

Brand Performanc

e Association

sConsumption

Durability, Reliability and Serviceability

Service Effectiveness, Efficiency and Empathy

Style and Design

Page 44: Three questions you need to ask about your Brand

Brand Performanc

e Association

sConsumption

Durability, Reliability and Serviceability

Service Effectiveness, Efficiency and Empathy

Style and Design

Value Pricing

Page 45: Three questions you need to ask about your Brand

Brand Imagery

Associations

When consumers make choices

based on experience

Page 46: Three questions you need to ask about your Brand

Consumer Insight

Associations

When performance and imagery of different brands are the same,brands can show they have more insight into consumer problems

Page 47: Three questions you need to ask about your Brand

Anything else?

Page 48: Three questions you need to ask about your Brand

Filters through which to run your brand’s point of differentiation

Is it desirable ?

Is it deliverable ?

Page 49: Three questions you need to ask about your Brand

Desirability

POD must be relevant

POD must be believable

Page 50: Three questions you need to ask about your Brand

Deliverability

POD must be

Page 51: Three questions you need to ask about your Brand

Deliverability

Feasible

Profitable

Preemptive, Defensible and difficult to attack

POD must be

Page 52: Three questions you need to ask about your Brand

Even if a big brand is not

superior, it can use its big

ad budget to claim that it is

Page 53: Three questions you need to ask about your Brand

Putting it all Together

POP’s or POD’s should not contradict each other

Page 54: Three questions you need to ask about your Brand

Making it Last

The same brand positioning may not sustain a brand’s performance

Page 55: Three questions you need to ask about your Brand

The “Big Idea” identifies a

differentiating benefit that is important to

consumers and presenting, over time, a variety of

attributes that imply the benefit

Page 56: Three questions you need to ask about your Brand

BUT

Page 57: Three questions you need to ask about your Brand

Frame of Reference, Points of Parity and Points of Differences don’t stay static for long

Page 58: Three questions you need to ask about your Brand

Frame of Reference, Points of Parity and Points of Differences don’t stay static for long

The questions may not change but their context will

Page 59: Three questions you need to ask about your Brand

So Stay

Vigilant

Page 60: Three questions you need to ask about your Brand
Page 61: Three questions you need to ask about your Brand

Created by Ronak Jain, NIT Surat, during an internship by Prof.

Sameer Mathur, IIM Lucknow.

www.IIMInternship.com