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Written by : Sid Larusso |
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Thanks for your comment Mel Netolicky, have a nice day.
- Sid Larusso, Staff Member
what's up bran builder Stephen Han here our Promise Academy comm and in this video you're gonna learn what brand positioning is so you can clearly articulate it to your client so they finally understand exactly why they need more than just a logo now if you're a subscriber welcome back if you're new to the channel and you want actionable brand strategy tips and techniques to grow your business well then make sure you hit that subscribe button and the notification bell and you will be well on your way now the term branding has absolutely been through the wars over the last decade or so because there are literally millions upon millions of entrepreneurs out there that think that branding their business is all about going out and getting themselves a pretty logo and then deeming themselves branded but if you know anything about branding and brand strategy you know the priming is about far more than that branding is about bringing a business and an audience closer together to make that business seem more appealing to that audience and you need far more than visuals to do that now don't get me wrong good design is an absolute prerequisite and non-negotiable if you're building a brand and you want that brand to be as visually appealing as possible to who that audience is but when it comes down to influencing decisions your audience wants far more than just those good looks so let's dig a little deeper into what brand positioning is and where it's come from now back in 1980 there was a book written that's widely considered to be the Bible of positioning now that book although it is really dated now at this point it's over 40 years old it's still very very relevant and in fact it's possibly more relevant today than it was back then and that book the authors are called Al Ries and Jack kraut and the title of the book is called positioning the battle for your mind now if you do have an interest in brand strategy and positioning and you haven't read the book well then I highly recommend that you read it but there's been a lot learned in the last 20 years through neuroscience about our understanding of how humans behave how we work our mind works and it really pulls into context how ahead of its time that book was that was back in 1980 and really over the last twenty years we've learned a lot through neuroscience that confirms a lot about what we know from that book I'm probably the biggest takeaway is right there in the title positioning the battle for your mind because it highlights the fact that the position that you want to own is actually in the mind of your audience so branding therefore is not a game of logos and fonts and colors and typography it's a game of influencing perceptions and those perceptions live in the mind of your audience now Marty Newmar once famously said that your brand is not what you say it is it's what they say it is and essentially here he's saying the same thing he's saying that your brand lives in the mind of your audience and they perceive it how they will perceive it and you don't really have any control over that now you do have some influence but you don't have control and that influence comes in the form of yes your brand identity how that looks your logo and your messaging and more importantly your biggest tool of influence your positioning so what exactly is brand positioning well it's how one brand distinguishes itself to its audience from its competitors so essentially what brand positioning is it's how a brand defines why they're different to their competitors and why their audience should care now this is critically important to new brands because as any new brand coming into the marketplace they're never really coming into a place where there are no competitors there are already competitors in the marketplace offering products and services to your targeted audience on what you need to do as a new brand on the block is come in there and show your difference there is absolutely no point in you coming into the marketplace and offering what your competitors are already offering because they have one up on you they already have brand awareness they already have a brown presence their audience already knows who they are and they don't know who your brand is so if you are coming into the market as a new brand you better have a well-defined positioning strategy a well-defined differentiator to highlight why you're different and why your audience should care now one of the most critical components of an effective positioning strategy is going back to the title of the book positioning a battle for your mind your mind or your audience's mind is such a critical component for effective positioning you need to understand who this audience is you need to understand where they're coming from the journey they're on what they're going through what their desires are what their fears are and what outcome do they want because if you don't have all of that information then you're not going to be able to effectively position your brand only when you understand what it is they want only when you understand the journey they're on or what they're going through on what they already have in the marketplace as an option through your competitors can you then define an effective positioning strategy so how do you identify an effective position well it's all about defining the difference that you're going to make in the lives of your audience so what are you going to mean to them are you gonna be faster stronger quicker more convenient more efficient newer better designs cheaper more luxurious what is the difference that you're going to own in their mind what do you want your audience to remember you for because at the end of the day if you come into the market and again you're offering the same you're the same level of luxury as the other brands you're the same level of efficiency you're the same price you're the same design you're the same everything then you're not going to make any kind of noise in the marketplace you're not going to get the attention of your audience so defining your positioning strategy is really about identifying clarifying and articulating the difference that you're going to make in the lives of your audience when you become crystal clear on exactly what that difference is and exactly why your audience should remember you and more importantly the value of that difference to your audience well then you are on to an effective positioning strategy now one of my favorite examples of effective brand positioning is from the Dollar Shave Club now the Dollar Shave Club broke on to the scene back in around about 2010 2011 as a start-up in the men's razorblade sector now Gillette absolutely dominated this sector they own about 80% of the market share but Dollar Shave Club came into the market with a fresh positioning strategy so they understood the pain points of their audience they understood that their audience didn't like pain the high prices for razors that Gillette was charging they didn't like all the unnecessary features that they were offering to justify those prices and they wanted something simpler and more
Thanks sonbruinr your participation is very much appreciated
- Sid Larusso
About the author
I've studied apiology at Montana Tech in Butte and I am an expert in inorganic chemistry. I usually feel relieved. My previous job was ballistics expert I held this position for 17 years, I love talking about cardistry and investing. Huge fan of Stephen R. Covey I practice fishing and collect rocks.
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