Pursuing, attaining, and maintaining a competitive position in the market is at the heart of an effective marketing communications plan.
A well-crafted positioning statement defines your company's direction. It answers two essential questions from the customers' point of view: "What's different about your business?" and "What unique benefit is derived from your product or services?"
Surprisingly, few companies exist where management is in total agreement on those answers—or even where the answers can be found.
The basic reason for answering those questions is to carve out turf that your brand aims to hold against competitors. That's differentiation. The difference between what you offer and what others offer is important to customers.
Ideally, you'll discover the important, single difference through research and strategic thinking.
Standing Out From the Competition
How can we win against competitors? What can we do that they are not doing, or cannot do or say, that's important to customers?
The statement should be defined in a clear, simple communications strategy that covers the two questions above. It can be a very short paragraph defining the differentiation claim with no more than three key messages that powerfully support the claim. Then it has to be consistently applied across the organization, which absolutely includes "walking the talk."
Take the first step (it's free).
You may also like:
- Your Brand Safety Is at Stake: What to Do in the Era of 'Sleeping Giants'
- Six Naming Trends to Help Your Brand or Product Stand Out in 2019
- What Consumers Associate With the Apple, Facebook, and Google Brands
- How Important Are Online Reviews for Local Businesses?
- Naming Your Product: Shades of Meaning (An Inside View Into Nail-Polish Naming)