Final Exam Flashcards
What is positioning?
Fitting a product or service to one or more segments of the broad market in such a way as to set it meaningful apart from competition
What is a marketing positioning strategy?
- final decision of the market firms wish to compete
- specific elements of the marketing mix designed to fulfill needs of market
Name 4 guiding principles/direction for a market positioning strategy
- Product
- Price
- Distribution
- Marketing Communications
what is Market Position?
- reaction of market to firm’s marketing
- consumer beliefs of organization’s effort
Explain a marketing position for shampoo brands
Salon vs. Mainstream
Cosmetic vs. therapeutic
What is a brand positioning strategy?
- reaction consumers have to promotions
- Part of the overall advertising or IMC Plan
- intended image related to competition (within the target audience)
Explain a possible positioning strategy for chocolate bar attitudes
- Peanuts/almonds vs. nougat/caramel
- single bar format vs. mutli-part format OR layered wafers vs. solid bar
what are salient beliefs?
-beliefs concerning specific attributes or benefits that are activated and form the basis of an attitude
True or false: salient beliefs evolve over time?
True. They also differ across various segments
What are some ways you can position your brand?
- attitudes
- beliefs
- benefits
Explain how a snack company would position by beliefs
filling snack vs. indulgent snack
-individual pleasure vs. social sharing OR pure taste vs. multi-flavour taste
What are the stages of the brand positioning strategy decision process? (6)
1) develop a market partition
2) Assess competitor’s positions
3) assess brand position
4) determine brand positioning strategy
5) implement brand positioning strategy
6) monitor brand positioning strategy
Name some things to consider when positioning brand through advertising
- where the brand is competing
- who the brand is competing with
- how the brand is competing
- why consumers would purchase the brand
What are 4 strategies a brand can use to position itself?
1) positioning by end benefits
2) usage situation
3) brand name
4) product category
Give one example of positioning by end benefits we discussed in class.
Becel margarine has not only a great taste, but it is also healthier
Give one example of positioning by usage situation discussed in class
This Intuit business is useful if you want to get your business books organized.
OR come to the Raps game because it is exciting
What is differential advantage?
- a positioning strategy in which a product’s benefits is focused.
ex. promotions
what is central positioning?
The brand claims and delivers the most salient beliefs
What is user positioning?
- occurs when the individual is motivated for social or individual reasons
- ex. how good the consumer feels while using the brand
Explain the shampoo example of user positioning discussed in class.
The ad shows a woman in a beautiful gown, implying that the consumer will feel elegant if they use the shampoo
what are salient beliefs?
-beliefs concerning specific attributes/benefits that form the basis of attitute
How do salient beliefs vary?
- Amongst the target audience
- over consumption situations
What is the Multiattribute model guide?
which attributes and benefits to emphasize in advertising
What is the multiattribute model? (brand attitude)
- the brand possesses a number of attributes
- attributes are the basis of attitude
- consumers have beliefs about specific brand attributes
- attributes are ranked in terms of level of importance
- to predict attributes, one must know the level of importance
How does can the multiattribute model persuade consumers?
It gives insight into how to influnce consumer attitudes. This can be done by:
- influencing attribute beliefs
- influencing attribute importance
- adding a new attribute belief
- influencing attribute belief of competitor brand
True or false: if an attribute positioning ad does not demonstrate purchase motivation it can still be successful
FALSE
-attribute positioning ads require demonstration of purchase motivation for success
what are two types of purchase motives?
1) informational motives
2) transformational motives
Give some examples of informational motives of consumer purchase
- problem removal
- problem avoidance
- incomplete satisfaction
- mixed approach avoidance
- normal depletion
Give some examples of transformational motives of consumer purchases
- sensory gratification
- intellectual stimulation or mastery
- social approval
What are some examples of the transformational motive of: sensory gratification?
- place was “happening” (the noise/crowd)
- product in stands
- diverse crowd
Give an example of the transformational motive of: social approval
-getting good raptors seats can be seen with prestigue
What is brand re-positioning strategy?
developing a new brand position.
True or false: developing a brand repositioning strategy can be difficult to achieve because of established brand attitudes
TRUE
What are some options for altering the brand strategy? (repositioning)
1) Market definition
2) differential advantage
3) target audience
4) salient motives/purchase motivation
What are some reasons that repositioining is important?
- competition
- company
- consumer
- market
- environment
Name an example of environmental repositioning
Trump dropping funding to environment, so environmentalists must reposition
What can a company use to define itself in a market?
- end benefit
- brand name
- usage situation
- product category
How did Hellmann define itself to the market (textbook)
They sponsored local gardens to support its Real Food Movement
Differential Advantage is defined as a benefit or cluster of benefits that customers value and believe they cannot obtain anywhere else. What is one good test for this?
A good test of differential advantage is to see if your customers are willing to pay a premium and/or purchase more.
What are 4 ways to differentiate a company?
1) Differential advantage
2) Central
3) Brand benefit positioning
4) User positioning
How did the Subaru Outback ad discussed show user positioning?
-shows that the outside is better than tv (sitting at home)
What are some possible target audiences a brand can have?
- brand-loyal customers
- new category users
- other brand loyal
- other brand switchers
Who/how did the Canadian Tourism Commission target as discussed in class?
They had a campaign called “Locals know”, encouraging Canadians to visit Canada
What are 3 directions that brand positioning strategies can be adapted to?
- multiple targets
- various buyer decision stages
- corporate brands
What are some examples discussed in class of brand positioning extensions of Kraft Dinner?
KD with jalapeno peppers
KD with white cheddar
What is advertising creativity?
-the ability to generate fresh, unique and appropriate ideas as effective solutions to communication problems
What can advertising creativity impact?
Consumers’ cognitive (assess), effective (like/social) and behavioral response to advertising messages
To get content relative to a target market advertising creativity must be: (2)
- appropriate
- effective
What are some challenges involved in creativity?
- relevance to audience (linking to brand, the benefit and why)
- creatives taking risks
- simplification of features and benefits
What was one creative way Marriott Inn distinguished themselves we discussed in class?
-offered food and grocery delivery
What is Young’s four-stage approach to creative process?
1) preparation
2) incubation (brainstorm- strategic alliances)
3) illumination (wow, love that_____.)
4) verification (sold out)
What is account planning?
- conducting research and gathering relevant info about a client’s product or service and the target consumer (creative people engage in their own research as well)
- plays a key role by driving the process from the consumer’s point of view (use focus groups)
True or False: a client does not provide the creatives with their marketing plan
False: much of the required information for the creative process comes from the marketing plan and advertising plan developed by the client
What are some ways (4) that you can conduct market research on the consumer?
1) In-depth interviews (consumer talk freely- insights, ideas, opinions)
2) Projective techniques (gaining insights into values, motives, attitudes, needs)
3) Association tests: what comes to mind
4) Focus groups
What is a creative brief?
-a plan that summarizes the entire creative approach that is agreed upon by creative team and marketing managers
What does a creative brief specify?
-basic elements of creative strategy and other relevant info
What is the general order of a creative brief? (6)
1) basic problem or opportunity the advertising must address
2) Target audience and behaviour objectives
3) communication objectives
4) brand positioning strategy statement
5) creative strategy (theme, message appeal, source characteristics)
6) supporting info and requirements
What is an advertising campaign?
-set of interrelated and coordinated marketing comm. activities
What are 3 main elements of an advertising campaign?
- centered on a single theme or idea
- appears in different media
- appears across a specified time period
What is a creative theme? What must it be like?
- the central message that will be communicated in all the advertising and promotional activities (strong idea)
- must reflect the market positioning strategy and directly communicate the brand positioning strategy to the audience
What are some main guidelines/steps when deciding on a creative theme?
- positioning the brand
- find the inherent drama
- create the brand image
- use a unique selling point
What are three elements of a unique selling proposition (alternate evaluation)
1) Proposition (“buy product, get this benefit)
2) Unique (to brand or claim, rivals can’t do or don’t offer)
3) Potent (strong or attractive promise)
Who are two great advertisers that have strong suggestions for major selling ideas?
1) David Ogilvy
2) Leo Burnett
What does David Ogilvy say about selling ideas?
-Brand image or personality is particularly important when brands are similar
“Every ad must contribute to the complex symbol that is the brand image”
What does Leo Burnett say about selling ideas?
-find inherent drama or characteristics of product that makes consumers buy
“inherent drama is often hard to find but it is always there and once found is most interesting and believable of all advertising appeals”
When would you try to create a unique brand image?
- when competing brands are so similar it is difficult to find or create a unique attribute
- image advertising makes it memorable
- often used for products such as soft drinks, perfume, liquor, clothing, airlines
Explain how inherent drama is used when selling ideas.
- messages are generally presented in a warm, emotional way (Hallmark, Kellogg’s)
- there is a focus on consumer benefits with an emphasis on the dramatic element in expressing them
Explain how the Knorr sidekicks commercial shows inherent drama.
This showed the tragic story of Salty, showing the benefits of Knorr Sidekicks by depicting a sad character getting a buddy
Explain how positioning is used when selling ideas.
-establishes a particular place in the customer’s mind for the product/service
What are some ways that you can position a company when selling ideas?
- attributes/benefits
- price/quality
- use or application
- type of user
- problem solved
What is a campaign slogan?
-way to express theme for advertising campaign (or tagline)
What can slogans pertain to?
- brand attitude objectives
- brand awareness objectives
Why is creative theme consistency important?
-so that target audience retains the brand position
What does creating a consistent creative theme involve:
consistency across:
- time
- creative executions
- advertising media
- promo tools
- products
What is one theme regarding Honda we discussed in class?
-Clean lines, inside and out: involves adding a built in vaccum
True or false: a consistent them is often one that is amenable to more than one type of media
TRUE. It also has the same look and feel across all promo tools
What is the objective of a rational appeal?
-to persuade target audience to buy brand because it is best available or does a better job of meeting needs
How does a rational appeal work?
- focuses on the consumer’s practical, functional or utilitarian need for product or service.
- emphasizes features and/or benefits
- reasons for owning or using
True or false: rational appeals are generally informative
TRUE: they deal with facts, learning, and the logic of persuasion
What are some types of rational appeals (6)
- feature
- comparative
- price
- news
- popularity
- reminder
What is entailed in the rational appeal: Feature
focus on dominant traits of product
What is entailed in the rational appeal: Comparative
-makes comparisons to other brands
What is entailed in the rational appeal: Price
-Makes price offer the dominant point
What is entailed in the rational appeal: News
-news or announcement about the product
What is entailed in the rational appeal: popularity
stresses the brand’s popularity
What is entailed in the rational appeal: Reminder
Build brand awareness and/or keep the brand name in front of the consumer
What type of appeal does the Acura ad discussed in class use? Red Bull? TaylorMade?
Acura- rational (promotes safety features)
Red Bull- feature appeal (turns Zzzzs to A’s, gives you wings)
TaylorMade- golf driver popularity among professionals
What are emotional appeals & how do they work?
- relate to the customers’ social and/or psychological needs for purchasing a product or service
- common
How would advertisers use emotional appeals?
- work better at selling brands that do not differ markedly from competing brands (rational difficult)
- resonate with audience and evoke relevant processing responses connected to the purchase decision or consumption experience
What are some negative emotions that can be used as appeals?
- anger
- contempt
- disgust
- embarrassment
- envy
- fear
- guilt
- jealousy
- sadness
- shame
What are some positives emotions that can be used as appeals?
- contentment
- enthusiasm
- love
- sexual desire
- compassion
- gratitude
- pride
- awe
- interest
- amusement
- relief
True or false: the Old Spice commercial uses rational appeal
FALSE: it uses emotional appeal, “Smell like a man, man” wants to add sexual desire or shame