Positioning Strategies
The goal of product positioning is to keep your product on top of your customersโ mind when theyโre considering a purchase. To be successful, product positioning must achieve three objectives:
- Differentiateย your product from the competitionโs
- Addressย important customer buying criteria
- Articulateย key product (or company) characteristics
Marketing messages and positioning have a lot in common. During the process of generating product positioning strategies, periodically review each one against the following list of characteristics. Is your product positioning strategy:
- Single-mindedโdoes it convey one primary message at a time?
- Meaningfulโwill it connect with the target audience?
- Differentiatingโdoes it contrast your strengths against the competition?
- Importantโis it pertinent and significant to the target audience?
- Sustainableโwill it resonate with the target audience well into the future?
- Believableโwill it ring true with the target audience?
- Credibleโcan you clearly substantiate your claims?
“The goal of product positioning is to keep your product on top of your customersโ mind when theyโre considering a purchase.”ย
Positioning Strategies
The following is a list of some established product positioning strategies. Think about your product in terms of each one and see how they fit.
- Against a Competitor:ย Positioning your product directly against a competitorโs typically requires a specific product superiority claim. A memorable example is Avis Rental Carsโ Weโre #2. We try harder.
- Away from a Competitor:ย Positioning yourself as the opposite of your competitor can help you get attention in a market dominated by some other product. A famous example is 7-UP calling itself the Uncola.
- Benefits:ย This strategy focuses on a benefit your product provides to your target audience. Examples include Volvoโs emphasis on safety and Crest toothpasteโs focus on reducing cavities.
- Product Attributes:ย Highlighting a specific attribute of your product can also be compelling. For example, Ritz Carlton hotels focus on luxury; Motel 6 focuses on economy.
- Product Categories:ย Comparing your product to a product in a different category can be an effective way to differentiate yourself. In a soap-compares-itself-to-lotion example, Palmolive dishwashing liquid claims that it softens you hands while you do the dishes.
- Usage Occasions:ย This kind of positioning stresses when or how your product is used by your target audience. Jeepโs focus on off-road driving is an excellent example.
- Users:ย Focusing on the unique characteristics of specific users can also be effective. The โฆFor Dummies series of instruction books are attractive to people who want to learn about a topic from a source that doesnโt assume any prior knowledge on the readerโs part.
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