In 1999, Kellogg's was seeing a shift toward healthy breakfast options. This meant that their top sellers like Frosted Flakes, Rice Krispies, Pops, and Froot Loops (all of which are loaded with mass amounts of sugar) were becoming less and less desirable from consumers.
Now, Kellogg's could try and reposition their brand, which is known for these fun cereals. But it would take a long time, a lot of change, and hope that their fan base would still appreciate them. Or they could go a different route... like acquiring a La Jolla based company called Kashi that is already known for healthy breakfast cereals. They maintain their position and get to pump Kashi full of Kellogg's resources to gain more market share.
The point? Customers might need it, but you have to wonder whether or not they will buy it from you. Are you in a position to offer them a new solution? Will this new offering dilute your brand?
If you can't do it effectively, make a new brand.
This is the first in a small series of punches surrounding April Dunford's Obviously Awesome! and how good positioning relates to good branding. Enjoy!
Positioning is where your company falls in the mind of consumers. Specifically, why your company should matter to them. In here book, Obviously Awesome! April Dunford breaks down effective positioning into 5 steps with an occasional 6th. First things first, examine what's already out there and what people might do, or currently be doing instead of using your product/services.
Note, it's not about being "better" necessarily, but more about assessing why these alternatives to your solution are being used.
In branding, this step in crucial in assessing the emotional alternatives to your company.
What is it about brand x that makes it so special? What do I feel differently about them versus brand y?
Attacking this from the angle of "how are they different?" instead of "how are they better?" is crucial to understanding their positioning and where there is space for your brand to be positioning without being labeled a copycat.
The beauty of being literate is that it opens up the door to improve... always. That being said, a lot of startup founders and creatives overlook the fact that marketing masters and branding savants have put their thoughts on paper for the whole world to access. When it comes to differentiation and being rebellious, these are my top three choices:
Zag by Marty Neumeier
Neumeier is the granddaddy of all branding brooks. His cornerstone guide, The Brand Gap, set the record straight on what branding actually is and why it matters in business. He followed up with Zag to hyper-focus on differentiation. The significance of Zag lies in the step-by-step structure that walks readers through how to be different. Granted, he does not dive extremely deep into every step (i.e. crafting a logo or a name), but you'd be foolish not to follow the principles listed in these pages.
Positioning by Ries and Trout
An oldie, but a goodie. Nearly every 21st century marketing book I've read has referenced Ries and Trout's strategies within Positioning. A word of caution, this book is super heady and can seem boring at times, but the examples provided from actual companies within this book are eternally applicable. Expect to learn a lot of great terminology and systemized thinking that will explain all of the marketing efforts you see everyday.
This is Marketing by Seth Godin
This was the first Seth Godin book I had ever read, needless to say it did not disappoint and I rated it as one of my top five books read in 2019. Marketing has almost become synonymous with spammed advertising, clickbait laden emails, and down right annoying. Seth's definitions of service-oriented marketing and the frameworks for niching down are the most clear and articulated I've ever seen. Furthermore, he uses real-world examples to demonstrate how it is the most generous brands that win, not the ones with the sexiest ads or the most keywords.