There are 4 steps involved in developing strong brand positioning:
- Attribute research
Explore through a qualitative research into what attributes the buyers in the broad market use to choose one brand out of several alternates available in the market.
- Competitors research
Identify how all the competitive brands available in the market are perceived in the performing along with each of the attributes.
- Gap Analysis
Explore if any need gaps exists between what customer wants and what the best product available in the market is offering now. Search of a position that will allow the company to offer desirable, superior to or offers that are not offered by the competitors.
- Concept Testing
Evaluate all the above alternative need gaps for interaction.
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