three questions you need to ask about your brand
TRANSCRIPT
3 QuestionsYou Need to Ask
About Your
Brand
Traditionally, brand positioning has been concentrated on
Points of Difference
But that alone may not be enough to sustain a brand against competitors
But that alone may not be enough to sustain a brand against competitors
There are two others aspects
of Brand Positioning
Frame of Reference
Points of Parity
The case of Subway’s Health
In the year 2000 Subway positioned itself as a healthy fast food 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)
The Subway Guy
Jared Fogle
But the company soon realized that fast food consumers prefer taste over health
And so Subway launched another
campaign focusing on taste
That’s okay, But what are these
questions you are talking about ?
Have we established a
frame of reference?
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)
Many brands can have the same frame of reference while having their own
points of parity and points of difference
Life cycle of a product influences the choice of frame of reference
A new product can use competitor’s products to establish a frame of reference
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
Not shifting frame of reference at the right time may lead to
product failure
The case
of the
distant cousin
In 2009 Parle Agro launched Grappo Fizz as a cousin of Appy Fizz
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
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
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
Are we leveraging our points of parity?
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
New brands
The more the innovation more the
difficulty to fit it into one
established frame
For brand extensions
Brand ExtensionsMore the brand differs from a base brand,
greater the importance of focusing on frame of reference
Established Brands
Even established brands need to reassess their points of parity from time to time
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
The case of sensitive teeth
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
Because of the increased demand other brands
followed suit and introduced sensitive
toothpastes
Because of the increased demand other brands
followed suit and introduced sensitive
toothpastes
Colgate re-launched its sensitive toothpaste as Colgate Sensitive Pro-Relief
Apart from sensitivity, over the years many brands have introduced points
of parity to counter other brands
Are the points of difference compelling?
While one shouldn’t solely rely points of
difference, they can’t be
ignored
There are three types of brand differences
Brand Performance Associations
Brand Imagery Associations
Consumer Insight Associations
Brand Performanc
e Association
s
Brand Performanc
e Association
sConsumption
Brand Performanc
e Association
sConsumption
Durability, Reliability and Serviceability
Brand Performanc
e Association
sConsumption
Durability, Reliability and Serviceability
Service Effectiveness, Efficiency and Empathy
Brand Performanc
e Association
sConsumption
Durability, Reliability and Serviceability
Service Effectiveness, Efficiency and Empathy
Style and Design
Brand Performanc
e Association
sConsumption
Durability, Reliability and Serviceability
Service Effectiveness, Efficiency and Empathy
Style and Design
Value Pricing
Brand Imagery
Associations
When consumers make choices
based on experience
Consumer Insight
Associations
When performance and imagery of different brands are the same,brands can show they have more insight into consumer problems
Anything else?
Filters through which to run your brand’s point of differentiation
Is it desirable ?
Is it deliverable ?
Desirability
POD must be relevant
POD must be believable
Deliverability
POD must be
Deliverability
Feasible
Profitable
Preemptive, Defensible and difficult to attack
POD must be
Even if a big brand is not
superior, it can use its big
ad budget to claim that it is
Putting it all Together
POP’s or POD’s should not contradict each other
Making it Last
The same brand positioning may not sustain a brand’s performance
The “Big Idea” identifies a
differentiating benefit that is important to
consumers and presenting, over time, a variety of
attributes that imply the benefit
BUT
Frame of Reference, Points of Parity and Points of Differences don’t stay static for long
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
So Stay
Vigilant
Created by Ronak Jain, NIT Surat, during an internship by Prof.
Sameer Mathur, IIM Lucknow.
www.IIMInternship.com