|

Room
for Two
Is
your competitor seizing the positioning that you
believe is the driving force in your product's
market? If they're like most marketers, they're
trying to establish a broad positioning definition
that they believe will box others out. You know,
the "we'll own efficacy" routine. The
truth is, this weak positioning strategy can actually
provide you the opportunity to make a finer cut
and, likely, a more impactful one.
Look
no further than the PPI (Proton-Pump Inhibitor)
market for a strong example. For years since the
initial safety concerns were relegated to obscurity,
this market has been defined entirely by efficacy.
Each competitor in the market has demonstrated
near comparable levels of effectiveness in acid
suppression and a range of other parameters in
a plethora of huge clinical trials. So what's
a PPI Brand Director to do? Well, if you're Nexium
you put your eggs in "the power" bucket
and support it with a big budget. But latecomers
Protonix and Aciphex required much more disciplined
approaches to conveying efficacycarving out a
unique promotional focus on nighttime GERD and
rapid onset of action, respectively.
So
the truth is
there is room for two (and even
more) Brands to have a positioning in the same
genre, but with very distinct focal points. As
you prepare to launch your product into an existing
market, don't settle for a positioning that is
"available" or second best and will
only fail to differentiate your Brand. Instead,
look more deeply into what unique opportunities
your product brings to the market and sharpen
the point of your marketing pencil. Great positioning
comes from differentiation
make sure the
one for your Brand will give them something to
remember you by.
Back
to Archives
|
 |