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Contents INTRODUCTION.....................................................................................................................................3 TASK..........................................................................................................................................................3 Discuss about the importance and relevance the positioning or repositioning for marketers. It also determine the implications for the performance of enterprises................................................................3 Understand the mean of positioning map, how the positioning of brand will change the result process..4 Discuss about the two different methods which brands such as Burberry might use for achieving repositioning............................................................................................................................................5 CONCLUSION..........................................................................................................................................6 REFERENCES..........................................................................................................................................7
INTRODUCTION Positioningisaprocessormethodofmarketersthatcanusetoidentifythe communicationbetweentheorganizationandpotentialmarketbasedontheirneeds, communication channel and other type of competitive pressure. This report will discuss about the importance of repositioning and positioning of marketers and also identify their implications on the basis of performance. Furthermore, it will describe about the positioning map and how it will change the outcome of process. At last, it will discuss about the two different methods for Burberry to achieve the specific goals and objectives. TASK Discuss about the importance and relevance the positioning or repositioning for marketers. It also determine the implications for the performance of enterprises. An effective positioning of Burberry must be required to clear all understanding about the need and requirement of consumer. It should be essential for selecting the better communication channel and other message. Burberry always maintain their position in global market by making an effective strategies that help for increasing the demand in global marketplace (Koch and GyrdJones, 2019) Weigh Competitive Pressures The marketers always being weigh competitive pressure because they must be considered the element of positioning in their plan. When an effective positioning will convey the customer because the Burberry products and services must be preferred over the competitions. This type of pressure can impact on the performance of business to improve their speed towards the competition level. Target the communication channels The positioning of Burberry product always help for marketers that consider how services offering from other. Many consumer have to select the services but it will not enough for organization to communicate with the potential audience. In this way, it has required to select the better communication channel that help for establish coordination between audience.
Crafter key messages Themostchallengesintermsofpositioningwillconveythevalueaddedserviceand differentiating the product and services (Ruiz and et.al., 2019). This type of message can be used for providing the details about the item and offering the competitive for adding more value added attributes. Burberry have to choose this tactic for making an effective marketing plan because it directly impact in the decision of consumers. The implication of enterprises to increase the productivity and profitability in global marketplace. Understand the mean of positioning map, how the positioning of brand will change the result process. Positioning Map is a technique that help for Burberry to use the perceptual mapping to easily visualise the position of products and services in the marketplace. It should be include one or more variables that keep it simple to understand in proper manner. According to case study, it has been represented that 37% overall group of revenue with sale in dividing by 10% in 2017, their item are performed different role in marketplace due to increase of demands. In 2017, the price of bag should be increased within 16% for year. In this way, it can be identified that the reposition of Burberry is expanding through the price and wholesales (Blankson and et.al., 2019). It has been planned the strategy to move brand from different other regions. There are other competitors of Burberry in market such as Mulberry, Givenchy and many more. Burberry doesn’t want to lose their potential younger customer so that they always maintained their product and services on basis of categories. The positioning of brand will change the results and outcome because it must be improved the quality of services. In this way, it always influence to maintain the position in global marketplace. It has been increased the rate of production as well as sales. For Example- Primark and Gucci are leading brand in global market that always use the different strategies and tactics to maintain their positioning in marketplace.
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Discuss about the two different methods which brands such as Burberry might use for achieving repositioning. Brand repositioning is important criteria for business success that support the overall performance and efficiency. It should require to implement the different method that can help for achieving the growth and development. Customer engagement- It is the important method for repositioning because Burberry must be involved with the potential consumers through distribution channel. It is a part of business that have to work for customize the product and also determine that it become fit according to need of consumers (Blankson and Coffie, 2019). In this way, Burberry should also implement the pricing strategy to attract more customer towards brand. This type of method will help for achieving the repositioning in global marketplace. Digitalization-It is the most efficient concept and method that can implement in the business process because it will give the incredible insights into the marketplace. It also uses for replacing all type of serial name and other market segments. Everything can happen in automated so that customer easily understand about the product and services. It is beneficial for brandtoidentifytheirspecificrequirements.Burberryismainlyfocusedonthedigital technology and also investing money. It makes easier for client to buy the product through online and also check all the details about the product.
CONCLUSION As per discussion, it concluded thatPositioning is a method of marketers that can use to identify the communication between the organization and potential market based on their needs, communication channel and other type of competitive pressure. It has been summarised that the importance of repositioning and positioning of marketers and also identify their implications on the basis of performance. It also understands the positioning map and how it can change the outcome of process. It should be applied the two different methods for Burberry to achieve the specific goals and objectives.
REFERENCES Book and Journals Blankson, C. and Coffie, S., 2019.Branding and Positioning in Base of Pyramid Markets in Africa: Innovative Approaches. Routledge. Blankson, C. and et.al., 2019. Positioning strategies of foreign and indigenous firms in an African cultural milieu.Journal of Business Research. Koch, C.H. and Gyrd-Jones, R.I., 2019. Corporate brand positioning in complex industrial firms: Introducing a dynamic, process approach to positioning.Industrial Marketing Management. Ruiz, G.R. and et.al., 2019. Augmented Reality as a Marketing Strategy for the Positioning of a Brand. InBreaking Down Language and Cultural Barriers Through Contemporary Global Marketing Strategies(pp. 168-199). IGI Global.