A positioning strategy is the process of working out your competitive business advantage to take to market. It’s an essential aspect of your marketing plan to ensure your customers perceive your brand in the same way you want them to.
In order to work out where you should be positioned in the market, your business needs to determine what makes you different from your competitors. Whether it’s pricing, product attributes, benefits or the quality and delivery of service, it’s essential to pinpoint your brand’s unique quality.
An effective positioning strategy ensures you create the perception you want your brand to portray. For example, how do car brands position themselves? It could be through price, luxury, safety, style or technology. Volvo is positioned as the family automobile that offers maximum safety.
With your positioning strategy, you not only set your business apart, but you establish your place at the forefront of customer’s minds. It’s crucial to have a clear positioning strategy before you begin marketing your brand.
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Brand naming
Brand identity
Brand strategy
Brand positioning
Positioning strategy
Brand marketing
Brand management
You’ve identified what makes your brand truly unique and are actively marketing and communicating using your strengths to set you apart from your competitors. Your targeted use of the positioning strategy informs and supports your marketing strategy and messaging around the needs of your customers.
You would like to establish a unique position in the market where customers recognise your brand and what it stands for, rather than constantly being compared to others.
None of your strengths are highlighted and you’re unsure how to go about positioning your business to drive your marketing strategy.
You’ll then know how to give your positioning strategy more value and increased visibility.
SEM Marketing, such as Google Ads can offer almost immediate results while SEO improves the ranking of your keywords in Google and offers medium and long-term results for your positioning strategy.
Always check to understand where your competitors are positioned and whether they’ve changed their strategy. The market is never static and businesses need to continually review their positioning.