Pertemuan Ketigabelas Differentiation and Positioning 1 Differentiation • Why do customers prefer one product over another? • A company can outperform its rivals only if it can establish a difference that it can preserve. It must deliver greater value to customers or create comparable value at a lower cost, or both. 2 Positioning Process • Steps in the positioning process: – Identify relevant set of competitive products serving a target market. At the company or business-unit lever, such analyses are useful to determine how an entire company is positioned relative to its competitors. At the product category level, the analysis examines customer’s perceptions about types of products they might consider as substitutes to satisfy the same basic need. – Identify the set of determinant attributes that define the product space in which positions of current offerings are located. Positioning can be based on a variety of attributes, some are: 3 Identify Determinant Attributes • • • • • • • • • • • Features Benefits Parentage Manufacturing process Ingredients Endorsements Comparison Product class Price/quality Country or geographic area Proenvironment 4 Positioning Process – Collect information from a sample of customers and potential customers about perceptions of each product on the determinant attributes – Determine product’s current location (positioning) in product space and intensity thereof. A useful tool for doing so is the positioning grid/perceptual map. – Determine customer’s most preferred combination of determinant attributes – Examine the fit between preferences of market segments and current position of product – Write positioning statement or value proposition to guide development and implementation of marketing strategy. 5 Positioning Statement • A positioning statement is a succinct statement that identifies the target market for which the product is intended. • A value positioning is similarly explicit about what the product does for the customer. • Both positioning statements should reflect a unique selling proposition that the product embodies. 6 Conclusions • Clear and distinctive positioning that differentiates a product from others with which it competes is usally essential for developing a winning marketing strategy • The positioning process helps decision makers choose a position that maximizes their chance of establishing sustainable competitive advantage 7