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Your Positioning Perspective
When
it comes to positioning or re-positioning a Brand,
traditional pharma and biotech marketing practices
tell us to find the right place for our product
within the accepted confines of the current market.
Well, what if we told you that you have a choice
a
choice to not define your Brand within traditional
context, but to actually 're-define' or 're-categorize'
a market to grow the potential of your own product?
It's
called 'Expansion Positioning' and the
principle is simple: if the market your Brand
is in or entering is saturated with multiple players
vying for the same targets
look to define
a new and/or different 'market' where your Brand
can stand out.
For
a brilliant example of this 'expansive' thinking,
look no further than a new campaign from DeBeers,
the world's leading diamond producer/supplier.
For as long as any of us can remember, diamonds
have been inextricably linked to the left hand
of a woman in the form of an engagement ring and
wedding band. But now, DeBeers has emerged with
a new battle cry for its targets: "Women
of the World
Raise Your Right Hand!"
After years of categorical entrenchment, DeBeers
showed intense marketing savvy by working to expand
their market beyond the traditional role for diamonds.
What's more, they've been able to preserve the
emotional heritage associated with diamonds through
use of meaningful expressions like: "If
the left hand means we, the right hand means me."
Market
definition is a critical step in positioning development
that is often taken for granted. Unless you're
fortunate enough to have a Brand that's establishing
an entirely new market, chances are the environment
your product is entering has already been definedat
least superficiallyby someone else. As categories
become more crowded, exploring alternate means
of defining a market during positioning concepting
can provide significant dividends in search of
a unique and ownable positioning for your Brand.
At
Brand Engineers, our process allows Brand Teams
to step out of their preconceived notions and
convenient marketing lingo and challenges them
to look at their product's market differently.
And when you approach positioning from a fresh
perspective
there's no telling just how far
your Brand can go.
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