Positioning Strategies

The goal of product positioning is to keep your product on top of your customersโ€™ mind when theyโ€™re considering a purchase. To be successful, product positioning must achieve three objectives:

  • Differentiateย your product from the competitionโ€™s
  • 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-mindedโ€”does it convey one primary message at a time?
  • Meaningfulโ€”will it connect with the target audience?
  • Differentiatingโ€”does it contrast your strengths against the competition?
  • Importantโ€”is it pertinent and significant to the target audience?
  • Sustainableโ€”will it resonate with the target audience well into the future?
  • Believableโ€”will it ring true with the target audience?
  • Credibleโ€”can you clearly substantiate your claims?

“The goal of product positioning is to keep your product on top of your customersโ€™ mind when theyโ€™re 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 competitorโ€™s typically requires a specific product superiority claim. A memorable example is Avis Rental Carsโ€™ Weโ€™re #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 Volvoโ€™s emphasis on safety and Crest toothpasteโ€™s 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. Jeepโ€™s focus on off-road driving is an excellent example.
  • Users:ย Focusing on the unique characteristics of specific users can also be effective. The โ€ฆFor Dummies series of instruction books are attractive to people who want to learn about a topic from a source that doesnโ€™t assume any prior knowledge on the readerโ€™s part.

Not a member of the Learning Community yet!

Instead of countless hours searching for answers, we’ve organized what you need to know across all of the business and personal issues you face. You’ll get knowledge, ongoing support, weekly live coaching sessions, tools and templates, vendor reviews and a vibrant community of your fellow entrepreneurs. Join today!