Here’s a common example: let’s say you research and analyze your competitors and realize none of them have a loyalty program. That’s your big advantage, the key insight, the differentiator that separates you from the pack. Well, maybe not.
The positioning model we’re exposing, and those who swear by it, would have you believe that this is a key finding that will set your brand free and strengthen your position in the market. While it may be important to do something with this information, the “What” is crucial. The Flawed Model will dictate that it be used for rebranding your entire positioning around “Loyalty and Rewards.” This positioning ends up becoming a dead end. Why? Because loyalty programs are a feature, a product, not a story. Customers will tire of the hearing about points, rewards, your loyalty to them, their loyalty to you, etc. Competitors can and will copy it, and will probably be better at it. And worst of all, your brand becomes anchored to a message with no room to grow and no new life to the story.
A better option? Use the findings to run a campaign. When you find insights that suggest your competition is lacking in an area, take advantage and pull together a compelling campaign, one that communicates the value and benefit to the customer but that is tailored to fit into the story of your brand. By the time your competitors respond, it’s too late; you’re on to the next thing, leading the industry.