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Category: Marketing

What is a Value Proposition?

What is a Value Proposition?

If there’s any common ground among all strategy, innovation, marketing, and new product development practitioners, it’s that we need to have a compelling and differentiated value proposition. But if we’re all aligned as to the importance of a value prop – are we similarly aligned as to what one is? (No, we are not!) So, just what is a value proposition? Before we can even get started with this discussion, let’s define a “product” broadly to mean more than just…

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What’s the difference between positioning and branding?

What’s the difference between positioning and branding?

Positioning is the process of associating a something (product, brand, company) with a desired concept. In other words, the strategy.  It’s deliberate. A process of choosing the association that you want. Volvo = safety. Harley-Davidson = the loudest, most American motorcycle. Walmart = low prices. The brand is the “thing” that you want to position.  That’s why it makes sense to say that you position the brand, but it does not make sense to say that you brand the position….

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