Brand positioning is a crucial element to help you set your business apart from your competitors and also make your brand more memorable. The brands with the strongest brand positioning have become so recognised, that you think of their brand almost immediately.
We’ll dive into how some of the biggest brands in the world have conquered their marketplace through strategic brand positioning and what we can learn from them.
We’ll also take you through some popular strategies that can help you strengthen your brand positioning and differentiate your business.
What Is Brand Positioning?
Brand positioning is understanding and communicating to consumers how your brand is different from your competitors. It’s how you show your target audience how unique your brand is, and use this to carve out your own space within the market.
Your brand positioning impacts how people perceive, remember, and think about your brand. For those with strong brand positioning, they can reach a point where consumers think of a type of product and immediately think of their brand.
For example:
If you are getting a taxi somewhere, you might say you’re ‘Uber-ing’ there. Due to Uber’s strong brand positioning in this space, it’s becoming a household name.
Brands with strong positioning are highly memorable because they have set themselves apart from their competition. You might even notice that it’s not necessarily their product that is unique, but elements beyond their product that make them stand out.
So when you think of the USP’s (unique selling points) of your brand, think beyond the features of your product or service. Although these are important and contribute to your brand, you need to think of how these features benefit the customer and solve their problems.