Brand positioning means your brand will be remembered for something, think; Volvo makes safe cars.
They could still make a fast car or another with lots of storage room but they are still known for “making safe cars”.
The goal of a good positioning is to create a uniquely authentic impression in the customer’s mind so that the customer associates something specific and desirable with your brand that is distinct from rest of the marketplace.
Consumers want easy decisions. They don’t want hundreds of options to find the right one. Consciously and subconsciously, Positioning triggers an emotional response from your target audiences. If the right levers are pulled in the shortest amount of time, you increase the likelihood for people to decide “yes.”
In short, a unique brand positioning breaks through the clutter of noise in the marketplace.
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Where do I start with Brand Positioning?
What are you known for? What does your brand stand for? What sets you apart from the competition?
An authentic brand positioning is more than a tagline or a fancy logo, it is the strategy used to set your business apart from the rest. Making up a positioning to fit a client’s needs now is all very good but over time those needs change. Your authentic brand positioning should sit exactly where the needs of your consumer, the gap from your competition and your authentic brand and what it values overlap.
What is the best type of positioning for our brand??
In short real one. A brand positioning based on what a company believes gets everyone fired up and what everyone believes in can live for a lifetime. Positioning with purpose brings people to brands who believe the same as they do clearly articulate that differentiation against competitors wins time and time again and never dies.
“Positioning a brand is an act of designing the company’s offering and image to occupy a distinct place in the mind of the target market.” – Philip Kotler
Businesses have created positioning statements in order to shape the way their associated product or service is perceived.
Brands that keep it simple are remembered like Colgate is positioned as protective. A brand’s promise is different from its position statement, but they can influence each other. Look at a few examples of how Coca-Cola’s tagline has evolved over the years and check out the complete evolution of their tagline here.
This Purpose & Beliefs Page from Target is just one example of a how a company can write and display their brand positioning statement.
What are the benefits of a unique Brand Positioning?
How can an authentic positioning benefit your organisation?
Here are several specific ways:
1. Be unique
Brand positioning enables sets you apart from the competition to become known for something stake out a unique territory (an industry specialty or a very specialised service offering for example) which no competitor can dare follow because they will become labeled as a “me-too” brand.
2. Be focused
It will help you focus on a specific target market by owning a particular feature or benefit through positioning, you’ll be forced to focus your services accordingly. This, in turn, will cause you to be perceived as an expert in that area, which in turn increases your value to prospects. Specialists grow twice as fast as firms that describe themselves as generalists.
3. Be the ”go to” brand
Positioning your brand with a unique against the competition will help you decide what new services to offer and how they’re priced. Are you a higher-priced boutique accounting firm or a no-frills, low-cost provider? Which new services and pricing support that positioning?
4. Be more creative
When your positioning is pinpoint sharp you can afford to become more effective through creative decision-making. Once you’ve developed your core messaging needed to promote your unique brand positioning, you’ll have the insight to make more effective decisions throughout the creative process. Clear brand positioning drives clear communication.
5. Be more persuasive
Effective brand positioning helps provide the persuasive sales tools your business development team needs to nurture and close more sales. Unique brand positioning boosts firm visibility and top-of-mind-recall for future clients.
Brand positioning, done correctly, can turn your firm into a marketing powerhouse. It can help focus your services, messages, and your brand’s relevance to future customers.
Focusing on your positioning enables you to build a strong, compelling message around a specific area of expertise or attribute that will greatly appeal to a targeted audience in need of your particular product or service. It’s why having a unique brand positioning strategy is so important. It provides value to your prospects, gives them something to get interested in, and will ultimately convince them to buy from, work with or remember your brand above other blands in the same category.