SIVO is thrilled to present The SIVO Insights Forum, an on-demand panel discussion with esteemed Insights executives. You’re invited to tune in here!
https://www.youtube.com/watch?v=KX3aO1k61QE
The lively conversation focuses on “Bridging The Gap: Translating Insights Into Meaningful Business Results" with industry leaders:
Learn from world-class Insights leaders as they discuss:
Feel free to share with your team and reach out with any questions that spark as you watch!
About SIVO:
SIVO is a global insights and strategy firm specializing in understanding people and their needs and beliefs that drive behavior. We partner with world-class brands to answer key questions that fuel business growth and innovation.
Innovation requires seamless collaboration, agility, and the ability to pivot wisely and effectively. Timelines are tight and the right talent is critical to successfully manage the Insights process. SIVO’s On Demand Talent™ team recently provided a Consumer Insights Innovation Lead for Betsy Frost, Chief Revenue Officer at DRY Soda Company.
DRY Soda needed a Consumer Insights expert to manage the First Moment of Truth (FMOT) consumer learning for a new product launch, DRY Botanical Bitters & Soda, a ready-to-drink non-alcoholic cocktail with zero sugar.
“…it felt like SIVO was a member of our team.”
From the get-go, the SIVO’s talent creatively leveraged DRY Soda’s internal assets and owned social media to recruit the right consumers for quick-turnaround learning. Timelines and budgets were priorities, with no room for missteps. When supply chain complexities forced an immediate change in launch plans, the team worked smartly and effectively to pivot from cans to bottles in a record 15 days. Navigating a plethora of moving parts, including new package design, messaging, team alignment, and consumer feedback demanded an experienced team to pull it off successfully!
During Consumer Research, Frost was thrilled to listen, participate and ultimately make the right real-time decisions from an outside vantage point rather than having to lead and facilitate herself.
Frost said, “You made it super easy and streamlined for me…it felt like SIVO was a member of our team.”
To learn more about the DRY Soda story and line of products available, visit drinkdry. Check out this new product: DRY Botanical Bitters & Soda!
You can Shop Now or click the ‘Find Dry’ link to leverage the unique geo-locator. It allows you to buy online or from the store front retailer of your choice. This shoppable platform is powered by Pear Commerce technology.
SIVO Insights On-Demand Talent provides the right talent for your business needs; it is NOT a one size fits all model. What talent do you need to immediately impact YOUR business? Email Brent Budke to successfully match the right talent.
Are you curious what working differently looks like? – just ask. SIVO Insights can help you figure out the best path forward for you or your company to get the resources – and talent – you need. Schedule a discovery call today to get started.
By Kerry Juhl
Brand positioning is a critical component of a successful marketing strategy. It defines how a brand is perceived in the minds of its consumer target, differentiating it from key competitors. A well-crafted positioning statement serves as the foundation for all marketing efforts and ensures consistent messaging across all channels.
The SIVO team has spent many years helping brand teams develop and evaluate brand positionings across a variety of industries. While every positioning project is somewhat unique, we have supported our clients with proven frameworks and research approaches, leading to the development of successful brand positionings.
The Positioning Statement
A positioning statement is a concise description of how a brand wants to “show up” in the world, highlighting the primary (and ideally, unique) benefit it provides, along with the rationale for how it can deliver the benefit. The statement typically includes the following format and elements:
For (consumer target), Brand is the only product type that provides (key benefit), because Brand has (feature/reason to believe), (feature/reason to believe) and (feature/reason to believe).
For example, Volvo’s positioning statement looks something like this:
For safety-conscious families, Volvo premium automobiles offer the safest cars on the road because they have advanced safety features, industry-leading crash test ratings, and innovative safety technologies.
The Brand Benefit Ladder
At the heart of developing a strong brand positioning is a solid understanding of the Brand Benefit Ladder, a strategic tool used early in the positioning development process. It helps brand teams articulate the value proposition by identifying benefits at four levels:
1) What it is
2) What it does
3) How it makes you feel
4) How it can transform your life
This framework ensures a clear articulation of the brand’s offerings and the emotional and transformational benefits they provide. Depending on the brand’s maturity and the competitive landscape, positioning can be based on functional benefits (what it is/what it does) or a more emotional/transformational benefits (how it makes me you feel/changes your life).
Positioning Types
There are a variety of positioning types that fit across the Brand Benefit Ladder:
Product Features:
Attribute-Based Positioning centers on specific features that distinguish the product.
Example: For homeowners, Dyson vacuum cleaners are superior carpet cleaners because they offer superior suction, advanced filtration, and allergen removal.
Value-Based Positioning is linked specifically to the price value of the product.
Example: For price-sensitive shoppers, Walmart offers everyday low prices by leveraging its extensive supply chain and scale to provide unbeatable savings on a vast assortment of goods, ensuring customers can save money and live better.
Functional Benefits:
Benefit-based Positioning highlights the key functional benefits or solutions provided by the product.
Example: For fitness enthusiasts struggling to exercise regularly, Peloton is the exercise bike that keeps you motivated to exercise because it delivers an immersive and interactive experience, world-class instructors, and a supportive fitness community.
Problem-Solution Positioning focuses on the problems that the product solves for customers.
Example: For individuals suffering from dandruff, Head & Shoulders provides effective and long-lasting relief from dandruff flakes and itchiness because it has a clinically proven formula that eliminates dandruff, nourishes, and protects the scalp.
Emotional Benefits:
Lifestyle Positioning aligns the product with a particular emotion or feeling.
Example: For athletes and active individuals, Nike enhances athletic performance and empowers athletes to reach their full potential through its innovative, cutting-edge sportswear products.
Cultural Symbolism Positioning uses cultural symbols and references to position the brand within a cultural context.
Example: For motorcycle enthusiasts seeking an authentic and exhilarating riding experience, Harley-Davidson is the iconic motorcycle brand that delivers powerful, custom-made bikes with a rich American heritage and embodying the spirit of freedom, rebellion and individuality.
Purpose-Driven Benefits:
Innovation-led Positioning sets the brand up as a leader in innovation and cutting-edge technology.
Example: For environmentally conscious consumers and tech enthusiasts, Tesla is the leading electric vehicle and clean energy company that offers a sustainable environmental solution via their innovative high-performance electric cars and cutting-edge technology.
Purpose-led Positioning centers on what the brand is doing for the world rather than the product itself.
Example: For socially conscious consumers, TOMS is the footwear brand that provides stylish and comfortable shoes while also making a positive impact on communities around the world though its One-for-One model, where each purchase directly contributes to improving lives in underdeveloped countries.
Purpose-Driven Benefits:
Innovation-led Positioning sets the brand up as a leader in innovation and cutting-edge technology.
Example: For environmentally conscious consumers and tech enthusiasts, Tesla is the leading electric vehicle and clean energy company that offers a sustainable environmental solution via their innovative high-performance electric cars and cutting-edge technology.
Purpose-led Positioning centers on what the brand is doing for the world rather than the product itself.
Example: For socially conscious consumers, TOMS is the footwear brand that provides stylish and comfortable shoes while also making a positive impact on communities around the world though its One-for-One model, where each purchase directly contributes to improving lives in underdeveloped countries.
Regardless of the type of positioning and where it fits on the benefit ladder, all positioning statements need to be clear, credible, and differentiated from the competition. It can then be used to inspire marketing executions across channels, to create consistent communications and connections to the consumer target.
Researching Your Brand Positioning
Developing effective brand positioning requires rigorous research, with the ideal approach being a combination of qualitative and quantitative research.
1. Qualitative Exploration: This phase uses one-on-one in-depth interviews with current and potential consumers to explore brand perceptions and refine positioning language. It helps the client team explore and understand the nuanced emotional and rational drivers behind brand choice and allows the team to modify and improve the positioning statements in real-time, based on consumer input.
2. Quantitative Survey: Once the positioning statements are refined, quantitative research helps identify the most motivating positioning from a handful of alternatives. Surveys and real-world experiments (e.g., testing via digital ads) can be used to test different positioning statements among a larger sample, assessing the impact on brand perception and purchase interest.
By using a combination of qualitative exploration and quantitative validation, brand teams can ensure their positioning is not only compelling but also grounded in consumer reality.
Your Source for Expert Consumer Insights
At SIVO, Inc., we are dedicated to helping our clients develop brand positionings that are clear, unique, credible, and most importantly, relevant to your consumer target. We are trusted advisors in supporting your positioning development and will design custom learning plans that generate the insights needed to carve out a unique space in the market and connect with your consumers. This holistic approach will set the foundation for enduring brand success.
Contact us via our website form or email us at Contact@SIVOInsights.com today to schedule a discovery call!
By Kerry Juhl
Managing a business is non-stop, full-time leadership. Typically, 90% of a leader's workday is focused on the daily needs of employees, customers, supply chain, marketing, sales, financials... and the list goes on. However, it is also a leader's job to present their team with a vision for the future, a "north star" that provides direction and goals for the organization, allowing them to compete effectively and transform opportunities into growth.
A great step in looking toward the future is to take stock of the landscape that you operate within, especially when there are changing dynamics in the external environment. The future growth of your business requires you to have a point of view on how your business will be impacted by changing consumer behaviors and preferences, the actions of your competitive set and external partners, and possibly the impact of new technologies. In other words, you need to have a vision of what your category/industry will look like in 5+ years to remain relevant in that future state and capitalize on future growth opportunities.
Trending
Do customers want to ‘hire’ your product?
Our team at SIVO has experience with helping clients build their category vision of the future. In fact, we have developed a step-by-step process that results in a defined Future-State Category Map to inform the Category Vision and Key Strategies for growth. A Category Vision not only demonstrates category leadership and anticipates the future, but it allows clients to take control and literally create their own destiny…a future where the business can thrive.
Define Current State:
Clients need to define the space that they currently play in. For some it might be narrow, for example, Skin Care. For others it might be broad, for example, Beauty Products. (There are pros and cons for how narrow or broad your category definition is and SIVO can guide your team to get to a definition that is relevant and actionable through our consumer insights solutions).
This step requires the gathering of category, competitive and consumer intelligence from a variety of sources, to answer questions, like:
Articulate Future State:
SIVO facilitates the client team through a small series of assignments and working sessions to envision the Future State of the category and to prioritize where to “place bets” within the category to maximize growth.
Create a Vision & Strategies to build Future State:
With the future state of the category defined, SIVO facilitates client teams through the creation of a Category Vision that serves as the "North Star", and Growth Strategies that the organization can put into action to drive category and brand growth for years to come.
A solid process with proven success. Are you ready to help your business create a category vision for the future? Schedule a discovery call today or reach out at Contact@SIVOInsights.com to develop strategies and plans that not only anticipate the future but create it!
Bringing you innovative performance marketing and
real-time digital shopper insights.
SIVO strives to be on the forefront of new technology and innovations in the insights industry. That is how we discovered Pear Commerce, a brilliant technology company that is on-pace to be the largest provider of shoppable media by the end of 2022!
In 2018, Pear Commerce was founded by two talented serial tech entrepreneurs, Eric Martell and Alex Wyler, bringing their tech expertise to the world of retail.
What is Shoppable Media?
Shoppable media in retail means connecting any media (e.g. free and paid social, digital display, content, influencer, email, owned webpages, etc) to retailers with add-to-cart (ATC) functionality that is just “a click away”.
What are the benefits to Consumers?
Pear provides an industry-leading technology making shoppers online path to purchase frictionless which has been a leading reservation for consumers to shop online. Whether through a digital ad or your brand’s website, Pear uniquely gives consumers a “where to buy” choice, based on real time stock inventory checks and connects them to over 2,000 retail chains across the U.S. That is a clear point of difference.
What are the benefits to Marketing Teams?
A unique way-in to performance marketing. This revolution of advanced technology provides more data and less work for brand teams with real results. At the foundation, Pear provides full funnel click-to-conversion data which improves digital marketing performance while campaigns are in-market. They help marketers with:
What are the benefits to Insights Teams?
At this point you might be thinking, “That’s great, but isn’t SIVO an insights company?” The answer is, “Yes!” SIVO is all about understanding people and in this case, Pear’s technology helps SIVO and our clients better understand consumer preferences and consumers’ digital shopping behavior through real-time, in-market experimentation, such as:
As an example, Pear was able to help a CPG client create a data-driven approach to managing their digital marketing campaigns while also helping them to understand and optimize the plan based on shopper and retailer behavior.
The results were fantastic! Pear created custom audiences for the brand using the client’s own 1st party conversion data and saw 5x add-to-cart (ATC) rates compared to 3rd party audiences and 20x ATC rates compared to the client’s website visitor audience. During the process, Pear scanned over 2,000 retailer’s digital shelves for real-time inventory to help shoppers purchase at their retailer of choice while also helping them avoid hitting out-of-stocks. The client also received valuable digital path to purchase insights and A/B testing results on different creative options to help optimize their digital campaign along the way.
Through our partnership with Pear Commerce, SIVO can now help you achieve strong digital marketing results and new insights via performance marketing and real-time digital experimentation. To learn more about Pear Commerce and SIVO Market Intelligence solutions, please contact our SIVO team at Contact@SIVOInsights.com.
SIVO Insights brings together research, talent, and intelligent technology to help organizations navigate complexity with confidence. Have a business challenge? Let's talk!
We bring together research, talent, and intelligent technology to help organizations navigate complexity with confidence
