Legendary marketing pioneer and author Philip Kotler defines brand positioning as ‘the act of designing the company’s offering and image to occupy a distinctive place in the mind of the target market’. Positioning is a critical component in the promotion of any venture, from advertising and public relations, to sales and customer relationship management (CRM), even having an impact on the structure and policies of growing companies. Founders tend to work hard on positioning their ventures, but a chain is only as strong as its weakest link.
In these days of Internet learning, it’s easy to read about the role of positioning, see examples of what it looks like and find out how to go about developing your own positioning statement. It’s something that’s top of mind for all founders, whether they realise that it’s positioning or not. Finding a process that works for you can help you crystalise your value proposition and create a clear positioning statement.
Nevertheless, developing strong positioning that differentiates your brand from competitors and aligns exactly with your business strategy, is easier said than done. Our end result in developing brand positioning is defining how we could like our customers to think and feel about our brand, but for this actually to be the case, positioning must work well across every aspect of our brand, marketing and communications.
If your business proposition is not receiving the recognition that it deserves, internally or externally, this could be due to a weak point in your positioning strategy. Here are five reasons why your brand positioning may not be working for you.
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