:Repositioning Where Positioning Is At :Presented By
Yasir Zahid
The New Positioning by Jack Trout
Positioning Positioning is the process of creating an image of the product in the minds of the consumer.
Repositioning Repositioning defined as changing the position of the product in the market/consumer’s mind.
Repositioning: Where positioning is at.
Time not so much for Positioning as for ‘Repositioning’
Reasons for Losing Market Share The fast pace of changing technology. The quick and unpredictable shifting of consumer attitudes. The increase in competition within the global economy. The increase in competition among creative executives.
Losing Sight of Change
1921
Today
Chevrolet………..$450 to $600
Saturn……………$9.995 to $12,895
Pontiac…………..$600 to $900
Chevrolet………..$7,295 to $67,543
Oldsmobile……...$900 to $1,200
Oldsmobile……...$13,510 to $31,370
Buick…………….$1,200 to $1,700
Buick…………….$13,734 to $31,864
Cadillac………….$1,700 to $2,500
Cadillac………….$32,990 to $45,330
General Motor’s Sad Saga
Positioned as Xerox Copier
Back to Basics
Lose focus Xerox Computer
Reposition The Document Co.
Positioning
Lose focus
Repositioning
Marlboro Man
Marlboro Menthol
Cowboy image
Back to Basics
Positioning
Lose Focus
Coke
New Coke
Back to Basics
Repositioning Coke, the real Thing
NOT in the Plans but
MIND of the Prospect Consumer expect companies to be specialist in narrow field, field especially when a business has carved out a strong niche and achieved some recognition.
Problem
Having a strong brand identity gives a company an immense edge. It’s more efficient to market one successful concept to one large group of people, than 50 product or services ideas under the same brand to 50 separate groups. The concept of company’s product or services in the consumer .mind should be same as the company’s concept
Avoiding Costly Mistakes
Safety
Avoiding Costly Mistakes
?
Having a strong brand identity gives a company an immense edge. It’s more efficient to market one successful concept to one large group of people, than 50 product or services ideas under the same brand to 50 separate groups. The concept of company’s product or services in the consumer .mind should be same as the company’s concept
Avoiding Costly Mistakes
Keep company managers from going off in unfocused directions. It’s often the most creative people who love to tinker and think of new products and new twists for existing ones. Unless these ides are consistent with the consumer’s concept and the company’s track record of success, they are sure to .nudge the company out of focus or position in the mind
Think Small and Don’t Tinker
What to do when Customer attitudes have changed. Technology has overtaken the existing products. Product have strayed from the consumer long-standing perception of them. The answer is
REPOSITIONING
When the Market Changes
Bottom Line Don’t Lose Focus Study Consumer’s mind Not the product, It’s the Perception Reposition around that idea/perception Repositioning: Where positioning is at
Final Words
Any Questions?