Crafting the Brand Positioning
50 questions available
Questions
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?
View answer and explanationWhat are the three required steps for deciding on a brand's positioning?
View answer and explanationWhat are points-of-difference (PODs)?
View answer and explanationWhich of the following is NOT one of the three criteria that determine if a brand association can function as a point-of-difference?
View answer and explanationWhat are points-of-parity (POPs)?
View answer and explanationCategory 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?
View answer and explanationWhat 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?
View answer and explanationHow did BMW use a straddle positioning strategy when it first entered the U.S. market in the late 1970s?
View answer and explanationWhat is a brand mantra?
View answer and explanationAccording to the text, what was Disney's internal brand mantra, which it used to filter proposed ventures?
View answer and explanationWhich of the following are the three key criteria for a good brand mantra?
View answer and explanationWhat is the primary purpose of a brand-positioning bull's-eye?
View answer and explanationWhat are the three main ways to convey a brand's category membership?
View answer and explanationHow did DiGiorno's frozen pizza position itself to communicate its point-of-difference?
View answer and explanationWhich 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'?
View answer and explanationIn the hypothetical data from Table 10.3, what was the market share for Competitor A in the year 2017?
View answer and explanationBased 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?
View answer and explanationWhat does the alternative positioning approach of 'narrative branding' base itself on?
View answer and explanationAccording to the framework for a brand story, which element refers to the time, place, and context?
View answer and explanationWhich of the following is NOT a branding guideline specifically mentioned for a small business?
View answer and explanationIn the example of value propositions in Table 10.1, what is the value proposition for Volvo (station wagon)?
View answer and explanationAccording to the customer survey results in Table 10.2, how does Competitor A rate on 'Technical Assistance' and 'Product Availability'?
View answer and explanationBased on the competitor analysis in Table 10.2, which competitor should the company not attack because it has no glaring weaknesses?
View answer and explanationWhat is the market concept of competition?
View answer and explanationThe text uses the example of Coca-Cola missing the market for coffee bars and fresh-fruit-juice bars to illustrate what marketing mistake?
View answer and explanationFor 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?
View answer and explanationIn the context of brand positioning, what are perceptual maps used for?
View answer and explanationWhat is the key insight of emotional branding?
View answer and explanationAs described in the case of Kate Spade, what customer 'sweet spot' did the brand aim to hit with its stronger style sensibility?
View answer and explanationWhat does a good brand positioning often follow, requiring it to be highly applicable to 90 percent of the products in the brand?
View answer and explanationWhat is the concept of a 'brand substitution test' used to measure?
View answer and explanationWhat is defined as a company's ability to perform in one or more ways that competitors cannot or will not match?
View answer and explanationThe 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?
View answer and explanationWhat is the key difference between the industry point of view and the market point of view when defining competition?
View answer and explanationAccording to the positioning guidelines for small businesses, what does creating a 'loyal brand community' help a business do?
View answer and explanationWhat is the primary risk of a straddle positioning strategy?
View answer and explanationWhat are correlational points-of-parity?
View answer and explanationThe 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?
View answer and explanationHow did the U.S. Armed Forces change the focus of its recruitment advertising to better compete with private industry?
View answer and explanationWhat does Patrick Hanlon's concept of 'primal branding' view brands as?
View answer and explanationWhat is the primary internal purpose of a brand mantra?
View answer and explanationWhy did the cleaning product company Method find success, according to the text?
View answer and explanationIn the case of Hyundai Cars, what has been its positioning strategy to entice customers?
View answer and explanationWhat is the main challenge for marketers regarding attributes and benefits that make up their POPs and PODs?
View answer and explanationWhat does a brand need to achieve for an offering to have a point-of-parity on a particular attribute or benefit?
View answer and explanationAccording to the chapter, what is one of the main branding guidelines that small businesses should follow when resources are limited?
View answer and explanationWhat is the defining characteristic of UNIQLO's branding and positioning strategy, as described in the text?
View answer and explanationIn the UNIQLO 'Made for All' Credo, what does the company state it is always aspiring to?
View answer and explanationWhat is the conclusion of the general relationship between market share, mind share, and heart share?
View answer and explanationWhat is a key component of 'cultural branding' as described by Douglas Holt?
View answer and explanation