Monday, November 28, 2011

Negotiable Instruments

Negotiable Instruments
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Thursday, November 24, 2011

1 Minute Brand Positioning Self Analysis







As a marketer striving to build a winning brand in a sea of competition, your chances for success are greatly increased if:


You have profound insight into your consumer's values and motivations.


You fully understand the following for all the categories in which your brand operates:


(a) the different market segments,


(b) the competitive set, and


(c) which consumer benefits are “cost-of-entry“ versus “differentiating“.


You fully understand the decision making process (rational or not) the consumer uses to purchase your brand.


You defined the role, target consumer, essence, promise, archetype and personality for your brand and are certain every key stakeholder is united around each.


You have absolute clarity around what your brand stands for and how it is unique and compelling to consumers.


You have criteria to help you decide when you can use an existing brand, when a completely new brand is needed and when a sub-brand is the right choice.


The success of your brand depends on many things...but mostly on you.