Vol. 1, No. 6, 05/15/2009 Crafting a clear, effective Positioning Statement for your life science brandby David ChapinSummary: Positioning is your brand’s DNA. It is private language that
acts as a decision-making filter for your public communications. Given
the fundamental importance of positioning, how do you go about creating
an accurate and useful statement for your life science brand? This
article will address the key attributes of such a statement and provide
a template for creating your brand’s own positioning statement. Positioning
A positioning statement clearly defines your brand’s position – that is, the “space” in your audience’s consciousness that you want to establish as belonging solely to your brand. Positioning is about differentiating your brand from your competitors, so the language that describes your positioning is very important.
Positioning statement template
There are many possible templates for positioning statements. The following is one that we have found very useful. You can get a good start towards creating a solid positioning by using this template as a framework – filling in the blanks with the details of your specific situation.
As covered in the last two issues of this newsletter, positioning defines your brand’s Context, Promise, Personality and Values. The Brand Context consists of the target audience and the target market – the context in which the brand finds life. The Brand Promise is the unique benefits available from this brand, and the reasons to believe that the brand offers for this promise. In essence, the Brand Promise covers how customers will benefit from the choice of your brand, and why a customer should believe that these benefits would be available to them once they made this choice.
The template I’ll use in this paper will cover the Brand Context and the Brand Promise. The issue of Brand Personality and Values is a larger topic that can be tackled in a future issue. For (target audience) Here’s a specific example, based on a fictitious clinical trial staffing company that we’ll call MoniTrendz (and as they say during movie credits, any relationship to any actual company is purely coincidental). As you read this positioning statement, see if you can identify the exact aspects of MoniTrendz’ service that makes them unique.
For staffing decision-makers at drug development companies with a pipeline of multiple compounds ready for clinical trials in the next two years (the target audience), You’ll note that this language is not graceful.
Target Audience
The target audience is a clear, focused description of the core prospect. This describes the target companies, the roles/functions within those companies, and/or the people who fill those roles. Obviously, there are many audiences you ultimately need to reach. The key here is to narrow your focus to the single most important audience – greater specificity in this description will permit greater filtering of the larger universe of all prospects and support more focused communications and more effective outreach. Note that the MoniTrendz example filters the target audience from all drug development companies down to just those companies with a pipeline of multiple compounds ready for clinical trials in the next two years.
Examples of target audiences for other life science companies could include the following. I have noted in parentheses some of the filtering language that you may wish to consider including in your positioning statement:
Market Context
The market context is the target market segment in which the brand competes. You want the target audience to think of your company as the top provider of the product or service in this market segment.
Examples of market context for other life science companies could include:
Unique Benefits
The unique benefit delivered is one or more benefits that the brand can supply. There are obvious benefits to your business in offering your customers benefits that are available only from your organization (such differentiation allows you to charge a price premium while increasing customer loyalty, after all). So, getting this aspect of your brand’s positioning right is the most important factor in developing a successful statement.
Please note that these benefits and the following reasons to believe are not filters that narrow the target market. They are statements that reflect your unique offering. Examples of unique benefits for other life science companies could include:
Reasons to Believe
The reasons to believe are the compelling proofs that the brand can deliver the promised benefits. These proofs should be verifiable before purchase by a prospect; in other words, you shouldn’t have to already be a customer to verify the reasons to believe.
Examples of reasons to believe for other life science companies could include:
Important points about your positioning statement
The positioning statement template is simple – after all, it only contains 4 key aspects that must be customized to each brand’s positioning.
Your brand’s positioning statement is strategic in nature. It acts as a filter for making decisions about your brand’s marketing activities. When implemented correctly, the positioning statement can guide not only the choice of promotional messages, but affect many choices related to the other “P’s” of marketing, such as product mix (see the first issue of this newsletter).
Uniqueness is Crucial
The most difficult part of developing your positioning is defining what makes your brand truly different. Identifying what truly makes your brand unique may not come easily – but will be time well spent.
The positioning statement must be unique. If not, either your brand is a commodity, or your positioning is not defined specifically enough. No other competitor should be able to write an identical positioning statement. Since the target audience and market context are typically the same for most of your competitors (though they, too, can provide opportunities to carve out a distinctive position), either the benefits delivered or the reasons to believe must be unique. Your positioning will be stronger if the benefits delivered are unique. Particularly in a regulated environment this is not always possible, so the uniqueness of your positioning statement could be derived from a combination of factors, such as addressing a particular market and a particular set of reasons to believe.
The target audience must be narrowly focused. There is a tendency to define the audience too broadly. Your positioning should be targeted to only a small segment, but will be relevant to others outside that segment as well.
The positioning statement should be approached from the point of view of your target audience.
Unique benefits are more compelling
Your unique benefits should truly be motivating, compelling advantages for the target audience.
Specific benefits are better than general benefits. They will also tend to be more unique.
Each benefit does not have to be matched up to a specific reason to believe. Taken together, the reasons to believe should be proof that the brand can deliver the unique benefits.
“Quality results” or “quality products” are not unique benefits. Most firms will claim that they provide quality products and services. If you feel tempted to include language about your quality in your positioning statement, ask yourself this question: Does your brand have any competitors that will not claim “quality” as a benefit? The typical answer is “No,” so the claim is not unique. The word ‘Quality’ has no place in positioning statements.
The rationale for trust
Your reasons to believe should create a clear link between your brand and the benefits delivered.
Your brand’s positioning statement should be authentic and backed up by your brand’s behavior. In that sense, your positioning statement should reflect the truth. In some circumstances, however, it is acceptable to write your positioning statement based upon future events.
Do not overreact to your competition
Note that the positioning statement template used here does not specifically reference the competition. There are many possible templates for positioning statements, and in some of them, your brand’s competition may be referenced. If you choose to use these alternate positioning statements, do not overreact to your competition by defining your brand only in terms of what the competition offers or does not offer.
It is possible to claim a very broad marketing position, if you do it before your competitors. Remember, the first to plant the flag can claim the mountain. Common mistakes in writing a positioning statement
Conclusion
Your brand’s positioning statement is a road map for marketing activities. It helps filter future actions, guiding your brand in making decisions about issues large and small. Using the template provided here, you should be able to make a good start on creating effective positioning.
The Marketing of Science is published by Forma Life Science Marketing approximately ten times per year. For subscription information, email us. Forma Life Science Marketing is a leading marketing firm for life science, biotech and pharma companies. Forma distills and communicates complex messages into compelling communications for sophisticated audiences.
© 2009 Forma Life Science Marketing, Inc. All rights reserved. No part of this document may be reproduced or transmitted without obtaining written permission from Forma Life Science Marketing.
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