Introduction
In todays business world, staying on top of a competitive landscape requires a well-defined brand positioning strategy. It helps drive revenue, increase customer loyalty, optimize customer relationships, and expand visibility. To create a profitable brand positioning strategy, you need to understand what makes your brand different from others, as well as its advantages and disadvantages.
The Aaker model, also known as the Aaker Brand Positioning Framework, is a comprehensive approach to brand positioning that has been fast gaining global popularity among brand management professionals. Developed by marketing strategist David Aaker, the model helps brands identify their core customer and define how the brand will be perceived in the marketplace.
Essentially, the Aaker model is a five-step framework for helping brands determine how to best position themselves for success. This model has been used by many successful companies to create a powerful brand voice and define the distinct value of their product or service.
Model Overview
The Aaker Model is an effective brand positioning framework that provides businesses with clarity on how to create an effective positioning strategy for their brands. The five steps of in the model are as follows:
1. Establish brand identity: Establish what your brand stands for and what sets it apart from its competitors. This could be verbal (e.g. a tagline or slogan) or visual (e.g. a logo). Your brand identity should inform all future steps in the Aaker model.
2. Select the right target market: Research and segment your audience in order to identify your target demographic. This will help you develop the right messaging and create content that resonates with your target customers.
3. Determine the brand’s offering: Consider the products or services that your brand provides, how their features differ from competitors, and how these features will benefit the customer.
4. Define the brand’s image: Determine how you would like to be perceived by your target market. Develop a personality and create content that reflects this personality.
5. Differentiate the brand: Revise your messaging and create campaigns that emphasize the unique value of your product or service.
Conclusion
The Aaker Model is a powerful framework for helping brands determine their positioning in the marketplace. By taking a comprehensive and well-defined approach to determining your brand positioning, you can ensure your brand resonates with your target customers, and creates a strong, distinct presence in the marketplace. Through the power of effective brand positioning and compelling messaging, you can position your brand for success.