Page 340 - Foundations of Marketing
P. 340

Developing and Managing Goods and Services  |  Chapter 11  307




                           Figure  11.3    Hypothetical Perceptual Map for Pain Relievers


                                                         Expensive
                                             Excedrin

                                                    Bufferin               Nuprin
                                                       Aleve

                                                                      Advil
                                               Anacin
                                                                   Extra Strength
                                                        Tylenol
                                 For                               Tylenol              For
                              headaches                                Motrin        body aches
                                                         Bayer





                                             St. Joseph's
                                                                Norwich
                                                         Inexpensive


                                                               From Pride/ Ferrell ,  Marketing  2014, 17E. 2014 Cengage Learning.

                       of product features. Then marketers can see how their brand is perceived compared with the
                       ideal points.

                                   Bases for Positioning

                             Marketers can use several bases for product positioning. A common basis for positioning
                       products is to use competitors. A firm can position a product to compete head-on with
                       another brand, as PepsiCo has done against Coca-Cola, or to avoid competition, as 7UP has
                       done relative to other soft-drink producers. Head-to-head competition may be a marketer’s
                       positioning objective if the product’s performance characteristics are at least equal to those
                       of competitive brands and if the product is priced lower. Head-to-head positioning may
                       be appropriate even when the price is higher if the product’s performance characteristics
                       are superior. Samsung uses a head-to-head positioning strategy against Apple. Its com-
                       mercials poke fun at Apple devotees willing to wait in line for the newest iPhone. Despite
                       its clear targeting of Apple, Samsung never mentions the name of its competitor in its
                                  23
                       commercials.
                            Conversely, positioning to avoid competition may be best when the product’s performance
                       characteristics do not differ significantly from those of competing brands. Moreover, position-
                       ing a brand to avoid competition may be appropriate when that brand has unique character-
                       istics that are important to some buyers. Volvo, for example, has for years positioned itself
                       away from competitors by focusing on the safety characteristics of its cars. Whereas some
                       auto companies mention safety issues in their advertisements, many are more likely to focus
                       on style, fuel efficiency, performance, or terms of sale. Avoiding competition is critical when
                       a firm introduces a brand into a market in which the company already has one or more brands.
                       Marketers usually want to avoid cannibalizing sales of their existing brands unless the new
                       brand generates substantially larger profits.
                            A product’s position can be based on specific product attributes or features. For example,
                       the Apple’s iPhone is positioned based on product attributes such as its unique shape, its
                       easy-to-use touchscreen, and its access to iTunes. If a product has been planned properly, its





                         Copyright 2014 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).
                       Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
   335   336   337   338   339   340   341   342   343   344   345