Library/Business/Marketing Management/Crafting the Brand Positioning

Crafting the Brand Positioning

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Questions

Question 1

According to the definition provided, what is the act of designing a company’s offering and image to occupy a distinctive place in the minds of the target market?

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Question 2

What are the three required steps for deciding on a brand's positioning?

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Question 3

What are points-of-difference (PODs)?

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Question 4

Which of the following is NOT one of the three criteria that determine if a brand association can function as a point-of-difference?

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Question 5

What are points-of-parity (POPs)?

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Question 6

Category points-of-parity are attributes or benefits that consumers view as essential to a legitimate and credible offering within a product category. What kind of conditions do they represent for brand choice?

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Question 7

What is the term for a positioning strategy where a company is able to straddle two frames of reference with one set of points-of-difference and points-of-parity?

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Question 8

How did BMW use a straddle positioning strategy when it first entered the U.S. market in the late 1970s?

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Question 9

What is a brand mantra?

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Question 10

According to the text, what was Disney's internal brand mantra, which it used to filter proposed ventures?

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Question 11

Which of the following are the three key criteria for a good brand mantra?

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Question 12

What is the primary purpose of a brand-positioning bull's-eye?

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Question 13

What are the three main ways to convey a brand's category membership?

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Question 14

How did DiGiorno's frozen pizza position itself to communicate its point-of-difference?

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Question 15

Which measure of competition is defined as the percentage of customers who named the competitor in responding to 'Name the first company that comes to mind in this industry'?

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Question 16

In the hypothetical data from Table 10.3, what was the market share for Competitor A in the year 2017?

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Question 17

Based on the trends shown in Table 10.3 from 2015 to 2017, which competitor is steadily gaining in market share, mind share, and heart share?

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Question 18

What does the alternative positioning approach of 'narrative branding' base itself on?

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Question 19

According to the framework for a brand story, which element refers to the time, place, and context?

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Question 20

Which of the following is NOT a branding guideline specifically mentioned for a small business?

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Question 21

In the example of value propositions in Table 10.1, what is the value proposition for Volvo (station wagon)?

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Question 22

According to the customer survey results in Table 10.2, how does Competitor A rate on 'Technical Assistance' and 'Product Availability'?

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Question 23

Based on the competitor analysis in Table 10.2, which competitor should the company not attack because it has no glaring weaknesses?

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Question 24

What is the market concept of competition?

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Question 25

The text uses the example of Coca-Cola missing the market for coffee bars and fresh-fruit-juice bars to illustrate what marketing mistake?

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Question 26

For Starbucks, what might be the intended points-of-difference (PODs) when its competitive frame of reference is 'quick-serve restaurants and convenience shops' like McDonald's and Dunkin' Donuts?

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Question 27

In the context of brand positioning, what are perceptual maps used for?

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Question 28

What is the key insight of emotional branding?

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Question 29

As described in the case of Kate Spade, what customer 'sweet spot' did the brand aim to hit with its stronger style sensibility?

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Question 30

What does a good brand positioning often follow, requiring it to be highly applicable to 90 percent of the products in the brand?

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Question 31

What is the concept of a 'brand substitution test' used to measure?

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Question 32

What is defined as a company's ability to perform in one or more ways that competitors cannot or will not match?

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Question 33

The text states that in the hypothetical beverage perceptual map, no market segment seems to desire the balance of taste and imagery offered by which brand?

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Question 34

What is the key difference between the industry point of view and the market point of view when defining competition?

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Question 35

According to the positioning guidelines for small businesses, what does creating a 'loyal brand community' help a business do?

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Question 36

What is the primary risk of a straddle positioning strategy?

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Question 37

What are correlational points-of-parity?

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Question 38

The example of Visa and American Express is used to illustrate that the key to positioning is often not so much achieving a point-of-difference but achieving what?

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Question 39

How did the U.S. Armed Forces change the focus of its recruitment advertising to better compete with private industry?

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Question 40

What does Patrick Hanlon's concept of 'primal branding' view brands as?

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Question 41

What is the primary internal purpose of a brand mantra?

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Question 42

Why did the cleaning product company Method find success, according to the text?

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Question 43

In the case of Hyundai Cars, what has been its positioning strategy to entice customers?

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Question 44

What is the main challenge for marketers regarding attributes and benefits that make up their POPs and PODs?

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Question 45

What does a brand need to achieve for an offering to have a point-of-parity on a particular attribute or benefit?

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Question 46

According to the chapter, what is one of the main branding guidelines that small businesses should follow when resources are limited?

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Question 47

What is the defining characteristic of UNIQLO's branding and positioning strategy, as described in the text?

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Question 48

In the UNIQLO 'Made for All' Credo, what does the company state it is always aspiring to?

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Question 49

What is the conclusion of the general relationship between market share, mind share, and heart share?

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Question 50

What is a key component of 'cultural branding' as described by Douglas Holt?

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