Definition of brand positioning
Brand positioning refers to the way a brand is perceived in the minds of consumers relative to competitors. It involves establishing a unique and compelling space in the market.
Explanation of brand positioning
Effective brand positioning communicates the brand's value, target audience, and differentiation from competitors.
Example of brand positioning
A luxury car brand positioning itself as a symbol of elegance and innovation in the automotive market.
Strategies of brand positioning
- Market research: Understand customer needs and competitor positioning to identify a unique brand space.
- Differentiation: Clearly communicate what sets the brand apart from others in the market.
- Consistent messaging: Ensure that brand messaging aligns with the desired positioning across all channels.
Related terms
- Unique selling proposition (USP)
- Market differentiation
- Competitive analysis
- Brand essence