Reference no: EM132419693
Company :alfa romeo hewlett packard,subway,or sony
1. Target Customers/Users
Who are the target customers for the company/brand? Make sure you tell why you selected each item that you did. (NOTE: DO NOT say "ANY, ALL, EVERYONE" you cannot target everyone, you must be specific)
- Psychographics (Interest, Hobbies, Past-times):
- Values (What the customer values overall in life):
- Other items you would segment up on:
Question:How does the company currently reach its customers/users? What methods and media does the company use to currently reach the customers/users? What methods and media should the company use to currently reach the customers/users?
Question:What would grab the customers/users' attention? Why do you think this will capture their attention?
Question:What do these target customers' value from the business and its products? Why do you think they value these items?
2. Competitors
Question: Who are the brand's competitors? Provide at least 3 competitors and tell why you selected each competitor.
Question: What product category does the brand fit into? Why have you placed this brand into the product category that you did?
Question: What frame of reference (frame of mind) will customers use in making a choice to use/purchase this brand/service? What other brands/companies might customers compare this brand to (other than the top three identified above)?
3. USP (Unique Selling Proposition) Creation
Question: What is the brand's uniqueness? Why do you think this is a key uniqueness for this business?
Question: What is the competitive advantage of the brand? How is it different from other competing brands? Why do you consider this a competitive advantage?
Question: What attributes or benefits does the brand have that dominate competitors? Why do you think they dominate?
Question: How is this brand/company better than its competitors? What is the brand's USP (Unique Selling Proposition? Why have you decided upon this particular USP?
- Unique Selling Proposition:
4. Positioning Statement & Motto
Question: Develop a new positioning statement and motto for the brand you selected. Below is an example of BMW's positioning statement and motto. Discuss why you created the items that you did?
- BMW Positioning statement: The brand for discerning customers of sports cars (target customers) who want an exhilarating experience (USP).
- BMW Motto: BMW is the ultimate driving machine.
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