What is a brand positioning statement?
We’ve talked a lot on this blog about the importance of understanding your customers. Uncovering consumer insights gives you a competitive edge by allowing you to meet the needs of your customers, and better communicate that in your marketing.
However, you also need to understand your own brand. That might sound ridiculous: you understand it better than anyone, right? But a brand is a complex beast, which makes it easy for your marketing to become diffuse.
Is your view of the company reflected in the beliefs of the public? Do you really know how your customers think of your brand?
A brand positioning statement explains what your brand does, who you target, and the benefits of your brand, in a short, concise statement. The statement will generally be an internal document, although it should be used as a guide to ensure all content is consistent.
The brand positioning journey
You can simply write your positioning statement in a brainstorming session, although it may be more useful to develop it as part of a wider journey.
Creating a simple statement will still provide value, but a deeper look at the brand and industry will ensure your statement is placed in context.
To create the statement you need to think about where you have come from, where you are now, and where you want to go. Then you just need to work out how to get there!
Understand the history of your industry
If you know the history of your industry you gain an understanding of its meaning in consumers’ lives. Every industry has its own history, language, context and imagery that your marketing will be framed by.
Having some historical context helps you understand what consumers think of your industry before you look at what they think of your brand.
Understand where you are today
What do your customers currently think of you? Listening to your customers can inform here, whether through surveys, anecdotes or social listening.
Social listening provides the scale of quantitative research, but with the added benefit of collecting the voice of the customer. This makes qualitative analysis possible, allowing you to understand the language people use when discussing your brand.
To create a really thorough brand positioning statement you might want to first perform a brand audit to gain a fuller picture of where you are currently positioned in the mind of the consumer.
Identify where you need to go
Your brand positioning statement will help define the direction of the company and its marketing. As such, it is important to know what you are aiming at.
Think about the ideal product or service that could be provided in your category. However far away it feels, having the perfect product in mind can help map your journey towards it.
Decide how to get there
You need to understand the benefits you can bring to the customer. Evoking an emotional response through these benefits is a powerful marketing tool.
This short Apple video brilliantly explains the tech giant’s approach to design, which begins with an attempt to elicit an emotional response.