WRITE A POSITIONING STATEMENT FOR YOUR BRAND
This group exercise will help you engage others in your brand development activity and will help provide some of the confidence and clarity you’re looking for.
The Tool
A positioning statement is a concise sentence or paragraph that quickly communicates your brand’s unique value to your customers in relation to your competitors. It explains what your brand does, who you target, and the benefits of your brand.
There are four key elements to the positioning statement model:
[1] Target Customers
What is a concise summary of the attitudinal and demographic description of the target group of customers your brand is attempting to appeal to and attract?
[2] Brand Promise
What is the most compelling (emotional/rational) benefit to your target customers that your brand can own relative to your competition? What unique value do you provide them?
[3] Market Definition
What category is your brand operating / competing in and in what context does your brand have relevance to your customers?
[4] Reasons to Believe
What is the most compelling evidence that your brand delivers on its brand promise?
The basic construct of a strong brand positioning statement is:
[Brand Name] provides [1] with [2] than any other [3]. We do this by [4A], [4B], and [4C].
Why use it?
Over time, strong and consistent brand positioning will help you carve out your firm’s desired place in the market. In the short-term, when you’re looking to develop your brand it can be difficult to find the little bits of clarity that really allow you to assess the current state of affairs, make sense of the challenge you’re facing and make good decisions going forward.
Creating a positioning statement for your brand can be a relatively simple and risk-free way to start the process, engage the right people and help provide some of the confidence and clarity you’re looking for.
The core elements of positioning are what you do and who you do it for, and these two pieces of information should be expressed as clearly and simply as possible. If the way you communicate your positioning isn’t clear, potential customers are unlikely to spend much time digging for more.
In it’s most basic form, your positioning statement will read something like…
We do ____x____ for ____y____ .
Looks straight-forward enough, but ask 10 different people within your firm to independently fill in those blanks and… well, you can imagine how different the answers might be.
How to use it
Get a mix of the right people together in a room and set aside round 2hrs for the exercise. Download the model, make sure everyone has a copy (keep a few spare) and a pen.
Activity
Introduce the concept of a positioning statement
Give each group member a copy of the model
Ask everyone to individually and independently fill in the blanks on the model
Share and discuss your answers as a group
Collectively agree on the most appropriate answers to form your basic positioning statement
Finesse the specific words and grammar (if you feel it is necessary)
Hints & Tips
Look for and interrogate common threads and themes. Where does the consensus lie? If you’re finding bits hard, don’t be afraid to dig into specific elements and open up further discussions - at least you’ll know why and to what end.
A good rule of thumb for a positioning statement is to be informative first and evocative second. Filling in the blanks of the model will make sure your statement is informative but, once you’ve done that, you can start to play with the words. After all, you want your positioning statement to provoke the right emotional reaction from those who read it.