young marketers elite 3 - assignment 7.1 - nhóm 1 - giang, hiển, vân
TRANSCRIPT
Assignment 7.1 – Brand positioning
Nhóm 1 – Giang, Hiển, Vân
1. Brand positioning (Slide 2 – 3)
2. Brand key, Brand essence (Slide 4 – 7)
3. Extended Brand key/positioning (Slide 8 – 11)
is the promise that brand want to
own in the target consumer’s
mind -the benefits brand want
them to think of when they think
of brand
Provide What
Need
What is the
competitive
context? With which
product category
should the brand be
associated?
To Whom
The attitudinal and
demographic
description of the core
group of peoples that
most closely represents
the brand’s most fervent
consumer
Different By
The different point of
brand compare to
others in the market .
What benefits
(rational/emotional)
should the brand stand
for and deliver on?
Reasons to
believe
The most convincing
proof that the brand
delivers what it
promises.
BRAND
POSITIONING =
Brand positioning must be delivered
across the 6P formula, including
BRAND
POSITIONING
STATEMENT is a one or two sentence
declaration that communicates
brand’s unique value to their
customers in relation to their
competitors
The following brand positioning statement framework is often used:
To (target audience) Product X is the only (frame of reference)
that (benefits delivered) because (reasons to believe)
Product Price Place Promotion Packaging Proposition
3
To Vietnamese
Women, age 25 -
45, care about
handskin
protection,
sunlight is an
perfect DWL
that not only
make dishes
squeaky clean
but also protect
handskin
beacause it
contains vitamin
E and sensitivity
of lemon juice
which is
increscent for
handskin .
To Young
Vietnamese
Modern Women,
like the traditional
beauty of hair and
see the
relationship
between hair and
self- expression,
sunsilk is the hair
care exprert that
provides solutions
to women’s
everyday hair
problem because
each hair issues is
solved by an
expert with
specialist hair
knowledge .
To Young
Vietnamese, age
18 -25 , care
about technology
but don’t have
much much
financial
capability, ASUS is
the best smart
phone in
lowbuget
beacause they
only need to
spend a little
money to have a
smartphone with
a powerful
configuration
compared to
others smartphone
in the market
BRAND POSITIONING EXTENDED BRAND POSITIONING BRAND ESSENCE
BRAND KEY
Brand essence is the extraction of the brand into
BR
AN
D
It lives at the center of
the brand and defines
its center natures cannot be changed in brand
key/ brand positioning
extension
authentic
meaningful
Consistently
delivered
sustainable
Single-
minded intangible
unique experiential
scalable
STARBUCK – THE THIRD
PLACE OF TOP
INTERNATIONAL LIFESTYLE
AXE - GIVE MAN AN EGDE
IN MATING GAME
YOUNG MARKETERS
EMPOWER THE NEXT
MARKETING GENERATION
P R O M I S E
Brand Key is a typical framework
to define a brand positioning, show us
what we need to build for our brand
“what brand does?”
“how it does?”
“what makes it unique?”
Reasons to believe
The proof to
substantiate the
brand differentiation
Essence
The extraction of
brand into a promise
Benefits functional and emotional
benefits that motivate
purchase
Target group To whom the brand is always
the best choice (defined by
demographic/attitudes/
value)
Competitive Environment The market and alternative
choices as seen by the consumer
Insight Deep understanding
about TA’s need that
hooks on the brand
Discriminator A single compelling
statement to state
our paid-worthy
values.
Value and
personality What the brand
stands for and
believes in, also the
character in
communication
Root strengths The original product, value
and/or benefits that made
the brand great in the first
place
external
conditions
consumer
view
of
a brand
what is
BRAND KEY?
BRAND KEY
aim to
provide DIRECTION FOCUS
on important things
make things
CONSISTENT INSPIRE marketers
o make sure that
your internal and
external marketing
follow the brand
path
When a decision
need to be made,
focus on the
important points to
make it right!
for your consumers
will see your brand
with consistently
image
To love the brand
and work effective
for it
excellent
BRAND KEY
FOCUS on the most important
points
STRATEGIC INTENT: tightly
linked and directed to the business
strategy
STRIKING: show the brand
salient edge
SIMPLE: all must be basically
clear
M U
S T
PURPOSE & PRINCIPLE of brand key
THE SEDUCTIVE
FRAGRANCE
THE THIRD PLACE
EXPERIENCE
Essence Gives guys
an edge in
mating
game
Reasons to believe Great fragrance
Cool pack, cool communication
Benefits Function: cool and
attracted fragrance
Emotion: more attractive
and seductive
Target group 14-25 male, cool, have
less experience with girl
getting girl is a way of
defining themselves
Competitive
Environment Male grooming brands:
Romano, X-men, Nivea..
Male fragrance brands:
Playboy, Channel, BVLGARI„
Insight
In mating game, young
man need to feeling,
looking and smelling good
to success
Discriminator A cool brand
designed to help
you get girl
Value and
personality
Cool, Fun,
Seductive, Sexy,
Masculine
Root strengths
Cool fragrances
Seductive male
Get the desired girl
Essence the third
place of
top
internation
-al lifestyle
Reasons to believe Nice location
Good service through employee
training
Variety of great coffee
Local culture placement in store
Benefits Function: Great coffee,
great atmosphere
Emotion: comfortable,
relax, treasured
Target group 18 – 40, middle to high
income, young and business
people, having habit of
drinking coffee in coffee store
Competitive
Environment Other coffee store brand:
McDonald, Dunkin Donut
Coffee, Coffee bean & tea
leaf, Highland coffee, Coffee
Bene, Phuc Long„
Insight I want a place between home
and work to enjoy, it must
demonstrate my trendy lifestyle
and an iconic brand seems to fit
me best.
Discriminator The good place to
experience coffee
and life.
Value and
personality Premium
Lifestyle
Relaxed
Familiar
Root strengths Leading brand in coffee & store
Great coffee
Worldly store placement
Innovation
Service
THE BEST MARKETING
PLATFORM FOR
STUDENTS
ESSENCE
Discriminator
Top expert marketing
environment for students
Value and Personality
Professional
Expertise
Knowledgeable
Attractive
Confident
Reason to believe Expert people in Vn marketing
Competitive environment
The success of previous Young
Marketers contestant
Benefit Function: pool of Marketing
fundamental knowledge
Emotion: Self-aware,
confident in Marketing career
path
Insight I need to be marketing
orientation & have a
professional marketing
environment to self-prepared
the fundamental & practical
marketing knowledge and
have perfect career jump-
start
Target group Key cities university students,
3rd or 4th years, having
marketing passion, looking for
a perfect career jump-start.
Competitive Environment YM Contest: other marketing contest (UFLL, Nielsen
Case Competition, Marketing Challenger..)
YM Elite Development Program: other marketing
institute (Aiim, BMG, Sage...)
YM Connection: workshop from student
organization (Creatio, RMIT Business Club, MarC
Club)
Root strengths
Held by strong background
marketing-agency
Marketing expert advise
EMPOWER THE NEXT
MARKETING
GENERATION
When a brand extends
one or some elements in
its brand key, we call
that case “extended
brand key”.
Extended Brand key/Positioning
1. Competitive environment
2. Target consumer
3. Insight
4. Benefit
For the Wii’s 2007 launch, Nintendo
avoided standing toe-to-toe with
Sony’s PlayStation 3 and Microsoft’s
Xbox 360 to compete for the
attention of teenage boys. Instead,
they decided to extend their target
audience and market to men and
women over the age of 25. Then,
Wii hit paydirt, selling nearly 100
million consoles worldwide. Finally,
even senior citizens began getting
into gaming.
Colgate (Brand promise: “Care for the world”)
discovered an insight of children: “Tooth
brushing is a very boring activity”, then
added to insight of parents: “I want my
children to proactively brush tooth in fun and
happy way”. Thus, Colgate introduced
Colgate-Kid, persuaded parents to buy these
products for their children.
Since changing proposition to “The third place” in
1980s, Starbuck (Brand essence: The third place of
top international lifestyle) hasn’t played in “coffee
market” only. They have moved to another
competitive environment: “place for enjoying
and demonstrating trendy lifestyle” (Consumer
insight: I want a place between home and work to
enjoy and demonstrate my trendy lifestyle and an
iconic brand seems to fit me best)
1. Gillette (Brand essence: The best a man can
get) launched a Gillette Good News which sells
disposable razors in 1976 and successfully
extended function benefits of their products.
2. Disney (Brand essence: Magical family fun,
Brand Promise: Only Disney can deliver a fantasy
experience for families to share) has extended
the brand into many new category to provide
more benefits: Entertainment Park (Disneyland),
TV Show series, TV channel, hotels, resorts, travel
boat, Broadway theatre). All have supported
Disney’s brand promise.
An extension should
follow Brand DNA, not
dilute the current brand
Extended Brand key/Positioning
5. Values, beliefs, personalities
6. Reason to believe
7. Discrimination
8. Brand essence
BMW extended their essence from “Ultimate driving
machine” (very functional) to “Sheer driving
pleasure” (more emotional and inspiring)
A classic extension failure example would be Coca-
Cola launching “New Coke” in 1985.
Because Pepsi had been growing up so fast and
attracting more new young consumers, Coca-Cola
wanted to make them younger in brand’s personalities
by “New Coke” which was replaced the original
formula.
Unfortunately, a backlash against it soon emerged
among consumers. To clarify, in America, Coca-Cola
represented for “tradition” and “New coke” was not.
Consumers who had already loved Coca-Cola
opposed to new innovation. Not only did Coca-Cola
not succeed in developing a new brand but sales of
the original flavor also decreased.
Vinacafe extended their RTB by focusing on claiming
“heritage” to compete with other competitors.
FLiRTSTORY is a small fashion
business in HCMC who sells
“Espadrilles shoes” in Vietnam. At
the first time, FLiRTSTORY used
“gently smooth” (one typical
attribute of Espadrilles shoes) as USP
to sell products. Then, there were
many fake products in the market
who claimed “gently smooth” also.
To cope with it, FLiRTSTORY extended
USP of Espadrilles shoes to “not only
gently smooth, but also durable”
(because other fake products are
easily footworn).
Extended Brandkey/Positioning B
RA
ND
NA
ME
PRODUCT Existing New
Exis
tin
g
Ne
w
1. LINE extension
2. BRAND extension
3. Multi brands
4. New Brands
1. Line extention 2. BRAND extension
3. Multibrands 4. New brand
Questions to be asked by ourselves before making an extension decision: 1. What the opportunity is? How potential it is? 2. Is this extension opportunity add more value to our brand or dilute it? 3. How much is the “profit” for this extension? (How much we pay and how much we will receive?)
A brand launches a product that
targets a new market segmentation
within a product category currently
served by the parent brand.
There are some strategies:
• Product sizes: Aquafina 500ml
(original), 1.5l, 5l
• Color: Pantene White, Black, Pink,
etc„
• Flavor: Vinamilk orange, chocolate,
strawberry, etc„
• Ingredients: Colgate gel, herbal,
salt, etc„
• Form: VIM bar, liquid, powder, etc„
Using an existing brand name to promote a product in a different
category.
Ex: LG (TV, Refrigerator, computer monitor, microwave, mobile
phone…); Maggi (Maggi soy, Maggi seasoning, Maggi oyster).
About failure: Greed => Key to success: Don’t dilute Brand DNA
(Example about Gillette and Disney in slide 9)
With the promise “Only Harley Davidson delivers the fantasy of
complete freedom on the road and the comradeship of kindred
spirits to avid cyclists”, this heritage brand totally failed when
launching an irrelevant brand “Harley Davidson perfume” in 1920s.
Similarly, Adidas perfume and Levi’s perfume also failed since
being introduced.
On the other hand, Gap which sells clothes as Levi’s successfully
launched Gap perfume because this new category was relevant
with “sensitivity” personality of original Gap brand.
Introducing new brand in the
same category
Unilever has multi-brands in the
same product category of
shampoos (Dove, Lux, Sunsilk),
so does P&G (Head & Shoulder,
Pantene, Rejoice)
Using a new brand name in conjunction with a family brand name
to introduce new products.
Ex: Ipod of Apple, Technics of Panasonic
We take Lexus of Toyota as an example to clarify. Toyota (brand
essence: Reliability and Quality) has already been considered as
an affordable brand which is not so expensive. Lexus which sells
premium and high-class cars is a new brand of Toyota. Toyota is
a “shadow endorser”, stands behind to support and protect Lexus.
With Lexus, Toyota steps into a competitive environment which has
BMW, Mercedes and doesn’t care about brand dilution.
In terms of
business strategy