a presentation on marketing concept application
TRANSCRIPT
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A Presentation On MarketingA Presentation On MarketingConcept Application :Concept Application :PositioningPositioning
By:Abhishek Kant Roll No.2Amit Chaubey Roll No.4
Amrit Kumar Roll No.6Anupam Rawal Roll No.8Ashish Upadhyay Roll No.10
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Positioning:Positioning:
It is the act of designing the companysoffering and image to occupy a distintiveplace in the minds of target market.
The goal is to locate the brand in theminds of the consumer to maximize thepotential benefit to the firm .
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Caf Coffee Day has been able todifferentiate itself from the first moverBarista by positioning itself as a hang-outplace for youngsters.
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Important Concepts :Important Concepts :
Competitive Frame Of Reference
Point Of Difference
Point Of Parity
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Competitive Frame Of ReferenceCompetitive Frame Of Reference
A starting point in defining a CFR for abrand positioning is to determineCategory Membership -- the productsor sets of products with which a brandcompetes and which functions as closesubstitutes.
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MOOVMOOVy In market dominated by established
brands that promised relief fromheadache, body ache, and sprains, Paras
pharmaceuticals launched Moov in themarket a balm that relieve joint pains thattrouble older people.
y After research company repositionedmoov as backache specialist" thataddresses housewives. ek minute moovki maalish aah se aaha tak
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Point of Difference (Point of Difference (PODsPODs))y PODs are attributes or benefits
consumers strongly associates with abrand, positively evaluate and believe theycould not find to the same extent with acompetitive brand.
y Eg : Apple for Design
Nike for PerformanceLexus for Quality
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Point of Parity (Point of Parity (POPsPOPs))y These are associations that are not
necessarily unique to the brand but mayin fact be shared with other brands.
y Category POP They representnecessary but not sufficient condition forbrand choice. Eg : Travel Agency
y Competitive POP These areassociations design to negate competitorsPODs.
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DETTOL & SAVLONDETTOL & SAVLON
Properties of Dettol Strong smell,Turning cloudy when poured on water, &
Stinging sensation produced on touching awound.
Properties of Savlon Different smell,The liquid did not turned cloudy in water,No stinging sensation.
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Visa v/s American ExpressVisa v/s American Expressy Visas POD in the credit card category
that it is the most widely available card.y American express has built the equity of
its brand by highlighting the prestigeassociated with the use of its card.
y Having established their PODs, they nowcompete by attempting to blunt eachothers advantage to create POPs.
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Cont.Cont.y Visa offers gold and platinum cards to
enhance the prestige of its brand andadvertises, its every where you want tobe in settings that reinforce exclusivityand acceptability.
y American express has substantially
increased the number of merchants thataccept its cards and create other valueenhancements.
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THANK YOU