Page 298 - Marketing Management

Crafting the Brand

Positioning

No company can win if its products and services resemble every other
product and offering. As part of the strategic brand management process, each offering must
represent the right kinds of things in the minds of the target market. Although successfully
positioning a new product in a well-established market may seem difficult, Method Products
shows that it is not impossible.

Named the seventh fastest-growing company in the United States by Inc. magazine back
in 2006, Method Products is the brainchild of former high school buddies Eric Ryan and
Adam Lowry.The company started with the realization that although cleaning and house-
hold products is a huge category, taking up an entire supermarket aisle or more, it was
an incredibly boring one. Ryan and Lowry designed a sleek, uncluttered dish soap con-
tainer that also had a functional advantage—the bottle, shaped like a chess piece, was built to let soap
flow out the bottom, so users would never have to turn it upside down. This signature product, with its
pleasant fragrance, was designed by award-winning industrial designer Karim Rashid. “The cleaning
product industry is very backwards, and many of the products have a 1950s language,” Rashid said,
“They are cluttered with graphics, too much information, and complicated ugly forms.”
By creating a line of nontoxic, biodegradable household cleaning products with bright colors and
sleek designs totally unique to the category, Method has crossed the line of $100 million in revenues
with a phenomenal growth rate. Its big break came with the placement
of its product in Target, known for partnering with well-known design-
As the success of Method products demonstrates, a
ers to produce stand-out products at affordable prices. Because of a
company can reap the benefits of carving out a unique position in
limited advertising budget, the company believes its attractive
the marketplace. Creating a compelling, well-differentiated
packaging and innovative products must work harder to express
brand position requires a keen understanding of consumer needs
the brand positioning. The challenge for Method now, however, is to and wants, company capabilities, and competitive actions. It also
differentiate beyond design to avoid copycats eroding the company’s requires disciplined but creative thinking. In this chapter, we
cachet. The company is capitalizing on growing interest in green outline a process by which marketers can uncover the most
products by emphasizing its nontoxic, nonpolluting ingredients. 1 powerful brand positioning.

Developing and Establishing

a Brand Positioning

All marketing strategy is built on segmentation, targeting, and positioning (STP). A company
discovers different needs and groups in the marketplace, targets those it can satisfy in a supe-
rior way, and then positions its offerings so the target market recognizes the company’s
distinctive offerings and images.

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