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Pampers Attributes and Recommendations
Based on your group`s analysis of the Pampers data, what can you tell management? What attributes of a disposable diaper have the greatest impact on developing brand preference? What recommendations would you make to management on how to position Pampers against the competition?
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What the brand-name means-A brand is the only aspect of a company that truly differentiates your product or service. Brands act as "mental shorthand" for customers when they decide what to buy. Marketing`s goal is to create and continuously manage a distinctive environment for its brands.
Preference attributes can propel a brand to leadership. These attributes represent significant points of leverage with customers. They may be as simple as "Made in the USA". Preference attributes are the trump card, the qualities that keep your customers loyal.
The research showed that customers had brand-name recognition, and that there was a difference between a diaper that singled out attributes. "New" absorbent diapers rated high, as did "comfort" diapers. These 2 single qualities were important.
Attributes for Brand Preference- In this case, customers consider comfort, absorbency, and a fair price when they are looking for disposable diapers. These are the attributes most important when making a buying decision. Brand-name had very little to do with it. But once you fulfill all these things, they will associate the "perfect product" that fits their needs with the brand name and they will become the preferred brand. They know they will look for this brand first, because it met all their criteria.
How to keep competitive- Once the basic framework of brand, determine what you can deliver uniquely, the areas in which your brand has an advantage. If no single brand has a sustainable advantage, you`ve got an open opportunity. This is how you can compete!
Brand equity attributes include:
Key equity attributes provide direct leverage against competitors. Your business performance is higher than theirs, and you can use your strength to build new equities.
Minor advantage attributes: Your brand rates statistically stronger but your business performance is lower. Perception is reality?if customers think you`re stronger than your competition, you are.
Parity attributes: Your brand rates equivalent to your competition, but your business performance is higher. Feature your own strengths and your competitors` weaknesses.