Positioning Products & Services Purposefully & Profitably

Profitable Positioning

Chocolate soufflé

Major Marketing Malfunction #2

Part 2 – The Solution

Yesterday’s post outlined how a poor positioning for your organization or offering without distinction or appeal is unappetizing and far from irresistible.  And positioning yourself with purpose and intention is not just a good marketing exercise – it’s a profitable one!

Positioning is as foundational to marketing, as a stock is to a soup or sauce. If your stock is rancid the soup or sauce will be unappetizing! And it’s not enough to just be differentiated – although that is important. What is the value you bring to your target market? The recognized value you bring to your clients combined with your novelty and differentiation will position you, your organization or your offering with the highest potential profit.  [Read more…]

Brand Baloney or a Bold Brand Full of Promise

Brand Baloney

Is your brand phony baloney or bold and full of promise?

Is your brand phony baloney or bold and full of promise?

Major Marketing Malfunction #3

 Part 1 – The Issues

Is your brand bruschetta or phony baloney? The first is appealing and appetizing; the latter is the definition of nonsense or “foolish or deceptive talk.” A brand is a set of promises and associations that a person (or group) perceives about an organization, product, service, or now with increasing frequency, an individual.

Your brand associations may be tangible, explicit and intentional – that is, they may be communicated through your graphic identity and other overt tactical marketing means. Or, your brand association may be more implicit and intangible, but still within your control: how you answer the phone, the cleanliness of your facility, or your follow-up, are simple examples. Sometimes they may be out of your control, for example a thumbs-down website review, a harmful press article, or negative rumors about you.

Brands make promises, build relationships and possess personality. They amply your value proposition and create a valuable asset that can potentially surpass the value of your individual offering.

“If Coca-Cola were to lose all of its production-related assets in a disaster, the company would survive. By contrast, if all consumers were to have a sudden lapse of memory and forget everything related to Coca-Cola, the company would go out of business.”~ Coca-Cola Executive

Brand Promise: If you think about taking a bite into a piece of Ghirardelli chocolate or a sip of Dom Perignon you probably envisage a specific sensory expectation. As you purchase an Apple iPhone, check into the Hyatt Regency or shop at Macy’s you probably have an expectation about the experience. This expectation, is essentially the promise of the brand whether based on your past experience, their marketing or someone else’s encounter. Years ago, I took my family on vacation to Italy, a culinary heaven. At the Spanish Steps in Rome, stands a world-renowned restaurant that constantly draws patrons. How can McDonalds thrive here? To Americans, Europeans and Asians, McDonalds delivers on a simple brand promise: a cheap, dependable, fast delivered meal in a clean establishment. What’s your brand promise?

Brand Relationship: Loyalty is the outcome of the strength, trust and depth of a relationship. But loyalty in a relationship doesn’t just apply to a person. It can be applied to an offering or brand that’s bold, holds strong values and is emotionally evocative. Are your followers loyal to your people, your offering or your brand?

Brand Personality: Every brand has a personality. For example, companies in the automotive, insurance and beverage industries have all very effectively crafted distinct personalities around their offerings. What’s the personality of your brand? What are the five words you want to be known by? Would they be the same five words your customers would give me if I asked them about you?

 

Positioning Products & Services – “The Battle for the Mind”

Poor Positioning

Unappetizing Positioning

Photo: Tobias Pohler

Major Marketing Malfunction #2

Part 1 – The Issues

Positioning your organization or offering: irresistible or unappetizing? No distinction has no appeal. Trout & Ries in their classic manifesto: Positioning calls it a “battle for the mind”. Furthermore, I would suggest if you don’t position yourself, the marketplace will position you … and it won’t be appealing! Just as a stock is foundational to making a soup or a sauce, positioning is foundational to marketing. In my thirty plus years of business experience I see poor positioning as one of the fundamental flaws in organizations’ marketing strategies.

Your organizations’ offering or your particular product or service offering must “own” a space in the marketplace that is uniquely yours. Your positioning must also be credible, defendable, and sustainable.

  • Credible positioning means when challenged with the words: “prove it!” you can back up your claims.
  • Defendable positioning means no one else can easily lay claim to your “space.”
  • Sustainable positioning means that it works today, next week, and next year.

A simply irresistible™ positioning starts with your Extraordinary Value Proposition; don’t just have an ordinary boring value proposition. Literally make it “extra – ordinary!” [Read more…]

Market Conversations – Listening to the Marketplace

Lackluster Listening

Lackluster-Listening-vs-Market-Conversations

Photo: Ryan Glanzer

Major Marketing Malfunction #1

Listening or broadcasting? Are we singing our praises so loudly to our target audience that we can no longer hear the marketplace conversation? To be effective in our marketing, listening is as important as broadcasting. In reality, not listening or just poor, lackluster listening damages your advertising, dilutes your brand, and undermines your marketing campaigns.

Effective listening in the marketplace reveals strategic answers about your target market, their core issues and decision-making criteria. Without this, your marketing – may turn into a futile investment. It would be like planning a dinner party without knowing who’s coming to dinner. Can you imagine the embarrassment of making a steak au poivre for a distinguished vegan guest! Irrespective of how good a cook you are – not taking your prospective guests’ (audience) preferences into consideration can lead to disaster.

Three causes behind lackluster listening [Read more…]

Tagline – Your Positioning Slogan

BRAND TAGLINES

Marketing Signature Ingredient #15

The Marketing Chef Logo

STIRRING UP SIMPLY IRRESISTIBLE  BUSINESS

Part 2 – Tagline Keys

In the last post on marketing taglines and slogans we covered their importance as a marketing ingredient to position your product or service offering in the mind of your target market. To be memorable it needs to be:

  1. Short
  2. Distinctive – unusual combination of words, but
  3. General enough to be applied in different contexts

The Cornell University study also discovered that memorable marketing slogans, quotes and phrases use:

  •  More present tense verbs, versus past tense
  • Few pronouns (other than you),
  • The indefinite article “a” rather than the definite article “the”,

These all contribute to taglines that are more general than specific.

So let’s put this to the test. I took the first ten of Forbes List of 20 Best-Loved Taglines: [Read more…]

Brand Taglines – Your Key Marketing Ingredient to Position your Offering

BRAND TAGLINES

Marketing Signature Ingredient #15

Marketing Ingredient # 015 - Your Brand Tagline

Photo: M. A. Makky

Part 1 – Tagline Basics

When you think of a company, product, or service, what is one of the first things that come to mind?  Probably the tagline With so many business names out there and many more goods and services, memorable differentiation is key. Think about it, can you remember the name of your favorite dish at your favorite restaurant?  You will more than likely remember it as ‘eggs and bacon’, or ‘the nacho platter’.  This applies to many things we spend our money on.

Taglines that are memorable position your offering in the mind of your target audience.  Taglines are the key ingredient that will make your business, product, or service memorable above all others.  Taglines are what make certain cereals stand out and sell better than others.  Taglines position particular automobiles to be dependable: “Built Ford Tough” or perhaps the exceptional: Land Rover “Go beyond.

It’s unclear when the first tagline was ever used. However we do know that in 1907, a coffee company used a slogan stating their brand was “good to the last tiny drop.”  That slogan was used well into the 1980s. Maxwell House proved a great tagline withstands the test of time.  Others have had similar success stories following a few simple principles.  [Read more…]

Graphic Identity – Marketing your Brand Visually

Marketing Ingredient # 014 - Your Graphic Identity & Palette

Photo: Dave Di Biase

Food that’s colorful and visually appealing is more tempting.  Is your brand identity and color palette visually stimulating?  Or unappetizing marketing?

Your graphic identity is the visual representation of your brand.  It includes the logo, fonts, your color palette and any other tangible imagery such as photos, packaging and signage.  It’s visually marketing your brand through imagery. Brand identity reflects in every graphic display of your organization: Web site, printed materials, social media headers, golf shirts, and even your physical facility and vehicle fleet, (if you have them).  Your graphic identity is not your brand, (how you are perceived by the marketplace), but it is an important element of your branding.  Your graphic identity will probably be the first impression, the first message received by the outside world and your target market.

A strong brand has a graphic identity that is simple and distinct.  But is must also be consistent, relevant to your target audience and spark an emotional connection.  Think of robust brands such as Apple®, Starbucks®, Target®, Coca-Cola®, NBC® and Amazon®.  Can you see these brands?  What do you feel?  Each of these brands possess a level of simplicity combined with an instinctive emotion.

So what makes for a superior graphic identity?  [Read more…]

Andrew Szabo – Who is he? – Dallas? London? Hungary? …

Or, How Andrew Szabo – The Marketing Chef Came to Be! 

A short story

By Andrew Szabo

 

Andrew-Szabo-The-Marketing-Chef

Andrew Szabo – The Marketing Chef

As a professional speaker in America, the first words out of Andrew Szabo’s mouth immediately sends a message.  The audience recognizes that I speak funny.  I can’t help it … 18 years of English schooling resulted in mannerisms, turns of phrase, and an accent that makes me appear smarter than I am.  But there’s more.  Almost 20 years in Dallas have me comfortable with a more laid back style of living, deeply rooted in community and relationships.  But there’s a part of me that’s neither American nor English.  Its essence makes me passionate, it reveals my rebellious spirit, and fuels my fascination for food, wine and life.  It is the authentic underlying roots of my brand, my intensity and approach to business.

Each one of us brings value into the world with an uncommon uniqueness that is the essence of our “personal brand.” It sets us apart, and is often a combination of our experiences, our life history and the backstory that came before of us. The backstory provides a depth of realism, authenticity and credibility to the main plot, the central story of how or why we do what we do. What’s your backstory?  Mine starts in Hungary on a cold November afternoon in 1956. [Read more…]

Strategic Marketing Action Plan

Marketing Ingredient # 013

Your Marketing Action Plan

“A goal without a plan is just a wish”, declares the French writer Antoine de Saint-Exupery. The Marketing Chef states “too much marketing is wishful goal-setting.” Why? Absent an explicit actionable marketing plan, many well-intentioned marketing activities descend into a haphazard mixture of marketing ingredients hastily thrown together. A bizarre concoction – a quick repast to satisfy the immediate craving for more business rather than a well-planned, systematic formal spread that is “simply irresistible”. [Read more…]

Leverage the Power & Potency of Your Marketing Ingredients

 Spice up your marketing by leveraging the power and potency of your ingredients.

Spicy Marketing

There is Power in Different Ingredients

Just like in cooking, varying your ingredients will create a different taste to your marketing, making it more interesting and appetizing.

Marketing ingredients come in different flavors to add, subtract and make your “marketing sauce” more flavorful and ultimately simply irresistible.

The potency of marketing ingredients also varies.

Here are twelve examples: [Read more…]

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