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Offline one9ja

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THE ABCs of POSITIONING
« on: November 20, 2011, 12:35:33 PM »
THE ABCs of POSITIONING

Here is a simple but elegant method called the ABC's of positioning.
It is represented by a triangle with each point equating with the basic elements:

A = Audience

B=Benefits
C = Competition

Audience
The first element - Audience - relates to the specific group of people who you are trying to influence.
You must have a sound knowledge of each of your specific Audiences. There are many means to accomplish this goal:
Sales reports of successes and failures, database records.
Research such as warranty roles, trade shows attendees, trade publication editors.
Actual Research among current customers and prospects.
The more you know about your potential audience, the better.

Benefits
The second element - Benefits - relates to the key reasons for the audience to relate to you.
Benefits are not attributes of your product. Rather they relate to "what's in it for me - the audience."
It is all the good things from the audience's point of view. Attributes of the product or service are important but only as the reasons for the benefits.

Competition
The third element - Competition - relates to all of the specific competition you face in the industry and in related industries that can be a substitute for your product or service.
You need to find out everything about your competition.
Sales records of success and failures, all competitive literature and advertising.
Industry analysis, trade show competitors, trade publication editors, analyses from former competitor employees.
Research among competitor's customers (independent research company).
That is the simple ABCs.
It is important to note that any time you change one part of the triangle it can result in a different positioning.
It is most dependant on the audience. For example, it may be different with Audience being distributors, retailers, end users or consumers, with each having different Benefits
It can provide invaluable Marketing Advantages when you carefully review the ABCs.
An honest review can often find significant major opportunities and possible problems.
 


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THE ABCs of POSITIONING
« on: November 20, 2011, 12:35:33 PM »


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