Develop A Positioning Map That Plots How Your Client And Its ✓ Solved
Develop a positioning map that plots how your client and its
Develop a positioning map that plots how your client and its most important competitors are positioned in the market. Provide a one- to two-paragraph overview interpreting the positioning map: how the firm is differentiated from competitors; insights into points of difference and points of parity. Write a Value Proposition limited to a maximum of two points of difference and one point of parity, and connect the Value Proposition to the positioning map. Identify two opportunities your organization could pursue to strengthen brand equity. Using Lowe’s Home Improvement Stores, provide an example at each level of the Customer-Value Hierarchy. Specify which types of product, service, or design differentiation are meaningful for describing your organization’s product strategy. Identify one product example that fits each stage of the product life cycle: introduction, growth, maturity, decline. Explain factors that make services more difficult to evaluate than goods. Describe the product-support services your organization offers and assess whether these services significantly differentiate the firm. Finally, develop a positioning statement for a VA clinic in this format: To (Target Market) (Brand Name) is the (Frame of Reference) that (Point of Difference) because (Reason to Believe). Support your choices for Frame, Point of Difference & Reason to Believe.
Paper For Above Instructions
Executive summary of the positioning map
I recommend a two‑axis positioning map for a home‑improvement client (e.g., Lowe’s competitor set): X = "Price/Value" (low to high) and Y = "Service & Expert Support" (transactional to expert/consultative). Plot major competitors: Home Depot (high price/value breadth; higher on service with pro focus), Lowe’s (competitive value; mid-high on service), Menards (lower price; lower service), Local specialty retailers (higher price; high expert service), and Amazon/online (variable price; low in‑store service) (Kotler & Keller, 2016). This map visually shows Lowe’s clustering near competitive value with growing investment in service and omnichannel support.
Interpretation: differentiation, parity, and implications
The map suggests Lowe’s differentiates primarily on wide product assortment + improving in‑store expertise (point of difference) and omnichannel convenience (second point of difference). Points of parity include basic pricing competitiveness and product quality parity with Home Depot (Keller, 2003). Gaps reveal opportunities: few players occupy the “high-service, mid-price” quadrant for DIY+pro hybrid — an opening to emphasize pro‑grade advice at accessible prices (Aaker, 1996).
Value proposition (limited to two differences, one parity)
Value Proposition (Lowe’s): 1) Professional-grade guidance and in-store experts for DIY and pro customers; 2) Seamless omnichannel fulfillment (buy online, pick up/ship from store). Point of parity: competitive pricing and brand-quality across core categories. These elements directly map to the axes: expert service (Y axis) and value/fulfillment (X axis) (Kotler & Keller, 2016; Ries & Trout, 1981).
Brand equity opportunities
- Develop a recognized “Project Concierge” service that pairs in‑store experts and online planning tools to create memorable, consultative experiences — strengthening brand salience and perceived quality (Keller, 2003).
- Expand loyalty benefits linked to pro tools and trade pricing to deepen brand associations with professionals and repeat customers, enhancing brand assets (Aaker, 1996).
Customer‑Value Hierarchy — Lowe’s examples
The Customer‑Value Hierarchy (Kotler & Keller, 2016):
- Core benefit: Shelter, home improvement outcomes (safe, comfortable home).
- Basic product: Hardware and building products (e.g., lumber, nails).
- Expected product: Reliable brands, stocked inventory, predictable checkout.
- Augmented product: Installation services, tool rental, project consultation.
- Potential product: Integrated design-to‑install packages, AR planning tools, subscription maintenance offers.
Meaningful types of differentiation
For a home‑improvement firm, the meaningful differentiations are: product differentiation (exclusive brands, pro-grade SKUs), service differentiation (installation, tool rental, expert advice), and design differentiation (store layout, online UX). Service and product mix combined create competitive advantage (Zeithaml et al., 2006; Levitt, 1980).
Product life cycle examples
- Introduction: Smart home energy storage systems sold in stores (early-market, limited distribution).
- Growth: Battery-powered outdoor power equipment (rising adoption of cordless tech).
- Maturity: Standard drills and hand tools (stable demand, price pressure).
- Decline: Traditional incandescent light bulbs (replacement by LEDs) (Golder & Tellis, 1993).
Why services are harder to evaluate than goods
Services are intangible, heterogeneous, inseparable (production and consumption often simultaneous), and perishable — making pre‑purchase evaluation difficult (Parasuraman, Zeithaml & Berry, 1985). Customers rely on cues (brand reputation, staff expertise, certification) rather than inspecting a physical product (Zeithaml et al., 2006).
Product‑support services and differentiation assessment
Typical support services: installation, tool rental, extended warranties, in‑store consultation, project measurement, and post‑sale follow-up. In this firm, consultation and installation are meaningful differentiators because they reduce consumer risk and raise perceived capability (Keller, 2003). By contrast, warranties/parity services are expected and represent points of parity unless extended or uniquely guaranteed (Aaker, 1996).
Positioning statement for a VA clinic
To (Veterans seeking coordinated primary care) (VA Community Clinic) is the (trusted, veteran‑centric healthcare center) that (delivers personalized, integrated care with rapid access and veteran advocacy) because (it combines VA-trained clinicians, seamless benefits navigation, and community partnerships to simplify care and improve outcomes).
Support: Frame (trusted, veteran‑centric clinic) aligns the offering within veteran healthcare (highly salient frame). Point of Difference (personalized integrated care + rapid access) addresses common veteran pain points—coordination and timely access (Department of Veterans Affairs, 2022). Reason to Believe: staffing by VA‑trained clinicians, documented patient navigation processes, and local community partnerships provide verifiable evidence and trust signals (Kotler & Keller, 2016; Parasuraman et al., 1985).
Conclusion
By mapping competitors along value and service axes, the firm can clearly connect visual insights to a focused value proposition (two differences, one parity). Emphasizing consultative expert service and seamless omnichannel fulfillment fills a visible quadrant with growth potential. Supporting services and targeted brand programs (concierge, trade loyalty) will strengthen brand equity while alignment of the VA clinic positioning demonstrates how to craft a tight, evidence‑based position statement that guides communications and operations (Keller, 2003; Aaker, 1996).
References
- Kotler, P., & Keller, K. L. (2016). Marketing Management (15th ed.). Pearson.
- Keller, K. L. (2003). Strategic Brand Management: Building, Measuring, and Managing Brand Equity. Prentice Hall.
- Aaker, D. A. (1996). Building Strong Brands. Free Press.
- Ries, A., & Trout, J. (1981). Positioning: The Battle for Your Mind. McGraw‑Hill.
- Parasuraman, A., Zeithaml, V. A., & Berry, L. L. (1985). A Conceptual Model of Service Quality and Its Implications for Future Research. Journal of Marketing, 49(4), 41–50.
- Golder, P. N., & Tellis, G. J. (1993). Pioneer Advantage: Marketing Logic or Marketing Legend? Journal of Marketing Research, 30(2), 227–241.
- Zeithaml, V. A., Bitner, M. J., & Gremler, D. D. (2006). Services Marketing: Integrating Customer Focus Across the Firm. McGraw‑Hill.
- Aaker, D. A. (1991). Managing Brand Equity: Capitalizing on the Value of a Brand Name. Free Press.
- Lowe’s Companies, Inc. (2023). Annual Report. Lowe’s Corporate. https://investor.lowes.com (accessed 2024).
- U.S. Department of Veterans Affairs. (2022). VA Mission, Vision, and Values. https://www.va.gov (accessed 2024).