Positioning is the way you set your product or service aside from your competition in the marketplace. As you can tell, the positioning of a product, service, or even store location will stick in the customers mind and always be associated with the company. If you just take a few moments to think about the type of restaurants along interstate, you will realize that they are mostly fast food. These companies have positioned themselves in a place where they know customers have a need for quick, easy food.
Location is only one factor in positioning a company. Think of communication and the messages that are portrayed through commercials and other types of advertisements. For example, what comes to your mind when you hear the name Mercedes, Gatorade, or Subaru? What about department stores such as Neiman Marcus, JCPenny, and Bloomingdales? If you think of the ads for each of these products and companies, you will notice that each place has a different approach. The approach that each company takes depends on the market they are trying to reach and that reflects how they will position themselves.
Positioning strategies are really important when it comes to choosing your trade show booth and graphic design. You want to make sure that the booth you choose reflects the image of your brand and coincides with any other marketing material you have. Determining what graphics you choose for your display depends on what your positioning strategy will be at the trade show. If you chose the correct show to exhibit at, most likely you will have competition there, so you want to make sure your products benefits and services stand out from the rest.
Positioning strategies generally focus on the consumer or the competition. Both ways associate product benefits with consumer needs, but to focus more on the consumer you have link the product with the benefits the consumer will derive by creating a favorable brand image. The competitive approach positions the product by comparing it, and the benefit it offers, with the competition. For example, Scope mouthwash positions itself as better tasting than Listerine. Apple positions itself as having fewer viruses than a PC. Positioning can be the most important part in marketing to establishing a brand.
Before you attend a trade show, pick your booth, and design graphics ask yourself these questions:
1. What position do we already hold in the target consumer’s mind? (This answer must come from the marketplace, not your manager).
2. What position does our company want to own?
3. What competition do we have to beat to get this?
4. Do we have a strong marketing budget to hold this position?
5. Will we stick with a consistent positioning strategy?
6. Do our creative’s match our positioning strategy?
MODdisplays has a lot of experience in picking a booth that best fits your company’s needs and strategy. If you have any questions or need advice on picking a trade show booth, please call MODdisplays at 877.663.3976 or email firstname.lastname@example.org.