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Positioning/Branding

Your business and/or its products need to be effectively anchored in the mind of existing and potential customers to differentiate from competitors. The process we follow is classical and impactful:

BRAND

  • Identifying the direct competition (could include players that offer your product/service amongst a larger portfolio of solutions) 
  • Understanding how each competitor is positioning their business today (e.g. claiming to be the fastest, cheapest, largest, the #1 provider, etc.)
  • Documenting the provider’s own positioning as it exists today (may not exist if startup business)
  • Comparing the company’s positioning to its competitors to identify viable areas for differentiation
  • Developing a distinctive, differentiating and value-based positioning concept
  • Creating a positioning statement with key messages and customer value propositions to be used for communications development across the organization

PRODUCT

  • Defining the market in which the product or brand will compete (who the relevant buyers are)
  • Identifying the attributes that define the product ‘space’
  • Collecting information from a sample of customers about their perceptions of each product on the relevant attributes
  • Determine product’s share of mind
  • Determine product’s current location in the product space
  • Determine the target market’s preferred combination of attributes 
  • Examine the fit between the product and the market

 

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