chapter three positioning and targeting for marcom efforts

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Chapter Three Positioning and Targeting for MarCom Efforts

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Chapter Three

Positioning and Targeting for MarCom

Efforts

Chapter Three ObjectivesChapter Three Objectives

• Explain the concept of positioning and the role it plays in directing the implementation of MarCom decisions.

• Discuss the importance of targeting marketing communications to specific consumer groups.

• Understand the role of demographics,s psychographics, and geodemographics in targeting consumer groups.

Chapter Three ObjectivesChapter Three Objectives

• Appreciate major demographic developments such as changes in the age structure of the population and ethnic population growth.

• Describe the nature of psychographic targeting and the VALS-2 system.

• Explain the meaning of geodemographics and understand the role for this form of targeting.

Brand PositioningBrand Positioning

A positioning statement for a brand represents how we want customers and prospects to think and feel about our brand.

Consumer-Based Brand Equity Consumer-Based Brand Equity FrameworkFramework

BrandKnowledge

BrandKnowledge

Non-Product-Related(e.g., Price, Packaging,

User and Usage Imagery)

Non-Product-Related(e.g., Price, Packaging,

User and Usage Imagery)

Product-Related(e.g., color, size, design features)

Product-Related(e.g., color, size, design features)

FunctionalFunctional

SymbolicSymbolic

ExperientialExperiential

AttributesAttributes

BenefitsBenefits

OverallEvaluation(Attitude)

OverallEvaluation(Attitude)

Types ofBrand Associations

Types ofBrand Associations

Favorability, Strength, and

Uniqueness of Brand Association

Favorability, Strength, and

Uniqueness of Brand Association

BrandAwareness

BrandAwareness

BrandImage

BrandImage

Positioning via Product AttributesPositioning via Product Attributes

A positioning statement for a brand represents how we want customers and prospects to think and feel about our brand.

Positioning via Product AttributesPositioning via Product Attributes

• Product-related features

• Usage and User imagery

Positioning via Usage ImageryPositioning via Usage Imagery

Positioning via Brand BenefitsPositioning via Brand Benefits

Positioning with respect to brand benefits can be

accomplished by appealing to any of three categories of

needs.

Experiential NeedsSymbolic NeedsFunctional Needs

An Appeal to Functional NeedsAn Appeal to Functional Needs

Products that attempt

to fulfill the consumer’s

consumption-relatedproblems

An Appeal to Functional NeedsAn Appeal to Functional Needs

Health conscious

products are a

functional need

today

An Appeal to Functional NeedsAn Appeal to Functional Needs

An Appeal to Symbolic NeedsAn Appeal to Symbolic Needs

Products that potentially

fulfill a consumer’s

desire for self-enhancement, group

membership, affiliation,

and belongingness

An Appeal to Symbolic NeedsAn Appeal to Symbolic Needs

An appeal to

symbolic needs

An Appeal to Symbolic NeedsAn Appeal to Symbolic Needs

Another appeal to

symbolic needs

An Appeal to Symbolic NeedsAn Appeal to Symbolic Needs

Appeal toSymbolic needs

An Appeal to Experiential NeedsAn Appeal to Experiential Needs

Products that provide

sensory pleasure,

variety, and cognitive

stimulation

An Appeal to Experiential NeedsAn Appeal to Experiential Needs

An appeal to experiential needs

An Appeal to Experiential NeedsAn Appeal to Experiential Needs

Sensory pleasure

Demographic TargetingDemographic Targeting

Baby Boomers

Demographic TargetingDemographic Targeting

Baby Boomers

Demographic TargetingDemographic Targeting

Baby Boomers

Demographic TargetingDemographic Targeting

Mature Consumers

Demographic TargetingDemographic Targeting

Mature Consumers

Demographic TargetingDemographic Targeting

Children and teenagers

Demographic TargetingDemographic Targeting

Children and teenagers

Demographic TargetingDemographic Targeting

Yup & Comers: The highest levels of education and income, focus on intangible rewards and confident about themselves

Bystanders: Predominantly female of African-Americans and Hispanics, disposable income is low but love fashion and shopping

Playboys: “Pleasure before duty” lifestyle, self-absorbed, fun-loving and impulsive

Drifters: Frustrated with their lives, the least educated, and choosebrands that offer a sense of belonging and self-esteem

Bystanders(37%)

Playboys(19%)

Drifters(16%) Yup

&Comers(28%)

Demographic TargetingDemographic Targeting

Women

Demographic TargetingDemographic Targeting

Women

Demographic TargetingDemographic Targeting

Women

Demographic TargetingDemographic Targeting

72

12 11

41

0

10

20

30

40

50

60

70

80

White Black Hispanic Asian NativeAmericans

% of population as of 2000

Demographic TargetingDemographic Targeting

Ethnic targeting

Demographic TargetingDemographic Targeting

Ethnic targeting

Demographic TargetingDemographic Targeting

Ethnic targeting

Demographic TargetingDemographic Targeting

Ethnic targeting

Demographic TargetingDemographic Targeting

Ethnic targeting

VALS2VALS2

VALS2VALS2

FulfillersFulfillers

Mature, home oriented, well Mature, home oriented, well educated professionalseducated professionals

High incomesHigh incomes

Value-orientedValue-oriented

Open to new ideasOpen to new ideas

FulfillersFulfillers

Mature, home oriented, well Mature, home oriented, well educated professionalseducated professionals

High incomesHigh incomes

Value-orientedValue-oriented

Open to new ideasOpen to new ideas

VALS2VALS2

Fulfillers

VALS2VALS2

Fulfillers

VALS2VALS2

AchieversAchievers

Work orientedWork oriented

SuccessfulSuccessful

High job satisfactionHigh job satisfaction

Respect authority, and favor Respect authority, and favor the status quothe status quo

Demonstrate success Demonstrate success through their purchasethrough their purchase

AchieversAchievers

Work orientedWork oriented

SuccessfulSuccessful

High job satisfactionHigh job satisfaction

Respect authority, and favor Respect authority, and favor the status quothe status quo

Demonstrate success Demonstrate success through their purchasethrough their purchase

VALS2VALS2

ExperiencersExperiencers

Main component of action-Main component of action-oriented segment oriented segment

Youngest in VALS2, median Youngest in VALS2, median age is 25 yearsage is 25 years

Active in both physical and Active in both physical and social activitiessocial activities

Favor new productsFavor new products

ExperiencersExperiencers

Main component of action-Main component of action-oriented segment oriented segment

Youngest in VALS2, median Youngest in VALS2, median age is 25 yearsage is 25 years

Active in both physical and Active in both physical and social activitiessocial activities

Favor new productsFavor new products

VALS2VALS2

Experiencers

VALS2VALS2

BelieversBelievers

Family and community Family and community oriented peopleoriented people

Modest meansModest means

Brand loyalBrand loyal

Favor American-made Favor American-made productsproducts

BelieversBelievers

Family and community Family and community oriented peopleoriented people

Modest meansModest means

Brand loyalBrand loyal

Favor American-made Favor American-made productsproducts

VALS2VALS2

StriversStrivers

Lower-income peopleLower-income people

Values similar to achieversValues similar to achievers

Style is important in lifestyle.Style is important in lifestyle.

StriversStrivers

Lower-income peopleLower-income people

Values similar to achieversValues similar to achievers

Style is important in lifestyle.Style is important in lifestyle.

VALS2VALS2

MakersMakers

Main component of action-Main component of action-oriented segment along with oriented segment along with experiencersexperiencers

Self-sufficient groupSelf-sufficient group

Practical with little interest in Practical with little interest in most material possessionsmost material possessions

MakersMakers

Main component of action-Main component of action-oriented segment along with oriented segment along with experiencersexperiencers

Self-sufficient groupSelf-sufficient group

Practical with little interest in Practical with little interest in most material possessionsmost material possessions

VALS2VALS2

Makers

VALS2VALS2

ActualizersActualizers

Posses both high income Posses both high income and self-esteemand self-esteem

Indulge in a variety of Indulge in a variety of self-orientationsself-orientations

ActualizersActualizers

Posses both high income Posses both high income and self-esteemand self-esteem

Indulge in a variety of Indulge in a variety of self-orientationsself-orientations

VALS2VALS2

StrugglersStrugglers

Have few resourcesHave few resources

Do not fit into the regular Do not fit into the regular VALS2 categoriesVALS2 categories

Brand loyal to the extent Brand loyal to the extent possiblepossible

StrugglersStrugglers

Have few resourcesHave few resources

Do not fit into the regular Do not fit into the regular VALS2 categoriesVALS2 categories

Brand loyal to the extent Brand loyal to the extent possiblepossible