Okonkwo Prelims

(Joyce) #1

Brand positioning


This answers the question: ‘Where are you in the consumer’s mind?’
Brand positioning like all the branding elements resides in the mind of the
consumer. It may be developed on an elaborate brand strategy chart and
might be discussed extensively in boardrooms, but the final destination and
home of brand positioning is in the consumer’s mind. Brand positioning is
the point where the relationship between a brand and consumers become
apparent. It is also at this point that the value creation that a company obtains
from its brand begins. The brand value is discussed extensively further in the
chapter.
Brand positioning is often confused with market positioning although the
two concepts are significantly different. Brand positioning involves the place-
ment of a brand and all its associations (characteristics, attributes, personal-
ity, image) in a distinct place in the mind of the consumer. Market positioning
on the other hand refers to the competitive position of a company in terms of
size and market share, in a particular sector. Brand positioning emphasizes
the connection between a brand and the consumer’s mind and emotions.
Positioning begins with brand associations, which are defined by the brand
identity, personality and image discussed earlier in this chapter. These asso-
ciations include the company’s brand communications interpreted through
words, images, mediums, products and services that are channelled towards
the emotions and subconscious of the consumer. Once the brand associations
have been clarified, then the consumer uses this as a guide to place the brand
in a distinct platform in his mind. For example, when consumers think about
Cartier, certain associations are formed in their minds which are likely to be
different when they think of Donna Karan. This shows that the positioning of
the two brands are at different locations in the consumer’s mind. Another
example is luxury watch brand Ebel which recently featured the Brazilian
model Gisele Bundchen in its print advertising with the goal to re-position its
brand as modern, glamorous and more appealing to a younger fashion-
conscious luxury consumer group. As a result, the previous position of the
brand in consumers’ minds might be altered by the new associations brought
about by the advertisements.
Brand positioning occurs on two levels:

1 The Broad level of positioning.
2 The Narrow level of positioning.

Luxury brands clearly desire to occupy a position characterized by ‘high-end,
expensive and well-crafted products’, in the consumer’s mind. This level of
positioning features the characteristics common to all luxury brands and is
supported by the luxury concept. It is the broad sector positioning and is often
easily and effectively achieved by most luxury brands. For example, there is

116


luxury fashion branding
Free download pdf