FORMULATING THE POSITIONING STRATEGY Essentials for Effective Positioning Strategies Substance- must be committed to creating practical value. Consistency- everything must work in combination to reinforce a perception in the consumer’s eyes. Simple & Distinctive- communication to the target segment is key. Fundamental Positioning Themes Benefit Positioning Consumers purchase products to derive functional or emotional benefits Colgate- Fight the Fur Factor Fundamental Positioning Themes User Positioning takes a specific profile of the target user as the focal point of the positioning strategy. Pepsi- Generation McDonald's- First Customer Fundamental Positioning Strategy Competitive Positioning The goal is to use an explicit reference to an existing competitor to help define precisely what the brand can do. Dollar Shave Club- Free Gift Apple- Mac vs. PC You Try It! In a team, you will create an advertisement/skit for a brand using one of the three positioning strategies. The advertisement/skit must explicitly state the brand name. The advertisement/skit must have a specific speaking role for each member. The group must be able to tell which positioning strategy you are using. The advertisement/skit must be at least 15 seconds long and have a clear opening and closing. Repositioning Advertising is essential in repositioning. New features, new styling, new image, and new theme are fundamental to repositioning. Old Spice- And so it begins A clever ad + smart use of social media can produce a fresh identity, even for a brand that many associate with their grandfather's deodorant. "Old Spice didn't change its logo, it changed the experience," said Marc Shillum, principal at Method, Inc. a consulting agency for brand designs.