In the classification of new products, product repositioning is considered to be a new product task. There are a numerous challenges and benefits associated with product repositioning as discussed in the following article. Please refer to a separate article for the benefits of repositioning, as well as an example of repositioning.What is product repositioning?Product repositioning […]
Challenges of product repositioning Find Out More...
NAB’s Repositioning in the Australian Banking MarketThis video highlights a major campaign undertaken by the National Australia Bank (NAB). As you will see, this is probably one of the best executed campaigns that you will see, given that it uses so many different communication tools and its core message was effectively communicated in a very
National Australia Bank Repositioning Case Study Find Out More...
Making a bubble chart in Excel is ideal for making perceptual maps to demonstrate positioning.There are three ways to make a bubble chart in Excel, as shown the below video “How to make a bubble chart in Excel”.Alternatively, I have set up a free Excel template that automatically makes perceptual maps (using bubble charts) at
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When I was a marketing student, a long time ago, I did not study integrated marketing communications. Instead, I studied advertising and sales management as separate subjects. That was the way it was taught in university and that was the way it was practiced in real organizations. (In the sales/promotion era of marketing.)For most of
The difference between advertising and integrated marketing communications Find Out More...
Probably a good example of a product repositioning exercise is Mother Energy drink in Australia, which is a Coca-Cola brand. When it was first introduced into the marketplace, driven by Coca-Cola’s goals be a market leader in the energy submarket, the overall launch campaign was well executed.All the marketing mix elementsLaunch campaign is a good
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A Good Example for Understanding PositioningPositioning is how the firm or brand wants to be perceived by consumers relative to its competitors. It is a very important topic in the study of marketing and usually forms the basis of a firm’s competitive strategy. Typically the firm structures its entire range of marketing mix elements around
Positioning Example: Banks versus Credit Unions Find Out More...
