What Is Positioning in Marketing and Why Should I Care?
Lately there has been a significant uptick in clients approaching us to help them better differentiate themselves in a more crowded and complex marketplace. Many of these clients have been doing business as usual for years with several marketing tactics in place, but have noticed that they are not quite getting new customers like they had historically.
They are at a loss with how they can instigate growth without significantly increasing their marketing budgets.
A Way for Companies to Stand Out
The most effective tool that we use at Sandstorm to assist our clients stand out effectively is to define a positioning. Our process takes into account the cultural DNA of our clients’ organizations, disruptive aspects of their offerings and aligns what they offer with rational, emotional, and motivational drivers of their markets.
This information is distilled into one statement that represents what the organization means to their customers and future customers – a positioning statement.
What Does it Mean to Have Positioning?
Positioning in marketing does exactly what it’s name suggests. It positions a company strategically in an attainable aspirational direction. Although one sentence, it is a powerful discipline that forces the organization to focus on what it stands for and what that means for its customers and potential customers.
This focus is critical in the frenetic pace of a digital society. It gives clarity and purpose to every marketing decision that needs to be made and makes sure your target market easily and readily understands your brand and why they should care.
Arriving at a Positioning Statement
The best positioning statements are built from thorough primary and secondary user experience research. At Sandstorm we utilize UX practices to enhance the insights we get with our primary research. This means giving the respondent the opportunity to expound on what is important to them and less about what the protocol might assume is important. A more organic, conversational approach allows us to garner more insights with less respondents, saving time and money.
Our secondary research is also more fluid and organic. Instead of listing out the marketing tactics and individual messaging across a set of competitors, we look at overall trends inside and outside a specific industry. That way we can more clearly find white space opportunities for our clients. This actually takes a bit more time than traditional secondary research, but it pays off with greater differentiation for our clients and a stronger overall position.
The Value of a Positioning Statement
With cross-functional collaboration and a distributed workforce, it’s more and more difficult to align an organization on what they offer to customers. A positioning statement is a tool that can align an entire organization and create clear boundaries for decision-making. It also ensures that all marketing decisions on product changes or developments, pricing and distribution are aligned to portray a consistent and differentiated offering to the marketplace.
Ensuring Your Communication Provides Maximum ROI
Finally a good positioning in marketing, used correctly, guarantees all of your organization’s marketing communication is focused. Every time a potential customer encounters your brand online, in-person or in advertising they will receive the same message. This amplifies your difference and delivers a stronger ROI on your marketing communication.
If you think your company is ready for strategic repositioning, please email me directly. We would love to move you forward in the marketplace.