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Positioning: Successfully different from everyone else

Positioning is crucial for a company's success, setting it apart from competitors. It involves being unique in the customer's perception. Strategies include being first, cheapest, better, or targeting specific niches. Successful positioning requires clarity, consistency, and understanding customer needs.

Positioning: Successfully different from everyone else

Positioning: Successfully Different from All Others

Positioning is the compass that determines a company's orientation and enables all its activities to be meaningfully aligned. In WIR-MARKEN, the positioning of the company (Which markets are we active in?) and the positioning of individual brands (What sets us apart from the competition?) form a convincing unity: What fits a company, the internal culture it maintains, and what its brands stand for externally, are all consistent. Therefore, positioning not only guides what a company should do, but also clearly indicates what it should not do. Successful positioning sets a company apart from its competitors, making it unique. What matters is not factual differences, but rather how the customer perceives it. The diversity of competing offers, the never-ending flood of incessantly disseminated advertising messages, and the seemingly limitless possibilities of a globally interconnected economy make competition a battle for the limited attention of the customer. Those who have "secured a front-row seat in the customer's mind," as it is often said today, are ahead. Herbert Hainer (Adidas): Respect your brand and its history, and handle both with care! Key Aspects of Positioning A successfully positioned brand stands out in the customer's perception from competitors – positioning creates differentiation. Here is an overview of fundamental positioning approaches:
  • Being the First
Being the first to market a product or service gives an unbeatable advantage over competitors. "The original" not only captures the customers' attention before anyone else; it is usually also associated with "authenticity" and quality and is typically promoted accordingly.
  • Being the Cheapest
Positioning based on low prices is a risky strategy, as there is always the danger of eventually losing the price war with competitors. The electronics giant Saturn made "Geiz ist geil" (being stingy is cool) a popular phrase and is another example of how successful a simple, clear, repeatedly communicated brand message can be. Consistently positioning based on a low price only works in the long term if the low-price strategy is embedded in a suitable business model.
  • Being Better (More Exclusive)
Being a pioneer is an ideal positioning – in this case, the brand as a genuine product novelty virtually creates its market. However, such positioning is the exception, as in most markets, there are already competitors. In such cases, a quality or premium strategy can form the basis of positioning. The core message is: We offer something special, something high-quality, and that comes at a price.
  • Occupying Specific Niches
Another basic approach involves specialization, targeting specific groups with tailored offerings. Conventional target group segmentations inevitably overlook such categories; what matters is intuitively grasping customer needs and successfully penetrating a sufficiently large target group. Conclusion: Positioning A successful positioning leaves no room for misunderstandings and convincingly sets a brand apart from competitors. Key principles for positioning WIR-MARKEN are clarity and radicality, a brand "lived" consistently by both management and employees, a self-responsible brand management without delegating responsibilities outward, regular reflection on the chosen path beyond day-to-day business, a focus on the emotional value the brand delivers, and a new, partnership-based understanding of the customer role.

"There are simply too many companies, too many products, too much marketing noise." (Jack Trout/Al Ries 1981)

________________________________________________________________________________________________________________________________ For more information on Hermann H. Wala, visit here: http://www.excellente-unternehmer.de/redner/hermann-wala.html

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