{"id":255,"date":"2012-07-24T16:44:38","date_gmt":"2012-07-24T16:44:38","guid":{"rendered":"https:\/\/blogs.poly.com\/?p=255"},"modified":"2012-07-24T16:44:38","modified_gmt":"2012-07-24T16:44:38","slug":"how-to-position-your-company-to-stand-out-from-the-competition","status":"publish","type":"post","link":"https:\/\/blogs.poly.com\/how-to-position-your-company-to-stand-out-from-the-competition\/","title":{"rendered":"How to position your company to stand out from the competition"},"content":{"rendered":"
How different are you from your competitors?\u00a0 That\u2019s a question you probably get asked a lot by prospective customers. They want to understand how your product offerings and services stack up against competitive options.<\/p>\n
So how do you differentiate your company? Your differentiation or market position is not the same as your brand, though the two are linked. Your brand, as I wrote about a few weeks ago in \u201cDoes your brand need a makeover?\u201d<\/a>, reflects your personality, values and ideas through visual as well as verbal and other sensory components. (Think jingle.) Your audiences identify your company with these brand associations.<\/p>\n Positioning incorporates the unique attributes that set your business apart from the competition. It also conveys how your products and\/or services will answer the customer\u2019s specific needs.\u00a0 To determine your market position, you need to know:<\/p>\n Who your target customers are: You may have a product or service offering that serves a range of customers, but consider who your best targets are. Age, income, geography all may factor in along with specific needs.\u00a0 If you are in the midst of expanding or changing your offering, think about who you want to reach.<\/p>\n The competition: Learn as much as you can about the companies you come up against most often in new business. What are their products or services? What are their strengths and weaknesses? How do they distribute and what is their pricing structure?<\/p>\n What sets you apart: Compare your offering against the competition to identify what sets you apart \u2013 experience, more product features or better customer service. Focus on those attributes only you can claim. As an example, your company offers the most cost\u2013effective pricing for a mid-market solution.<\/p>\n How you are currently perceived: You can\u2019t create your positioning in a vacuum. Whether you are crafting your position for the first time, clarifying it or changing it to reflect a new direction, you need to know how the market currently perceives what you have to offer.<\/p>\n Once you have crafted your position \u2013 which you should be able to communicate in one or two sentences \u2013 make sure you communicate it consistently in all your web and written materials and new business presentations.<\/p>\n There\u2019s a saying in business, if you don\u2019t position your company, the marketplace will. You don\u2019t want to leave your positioning to chance and certainly not to the competition<\/p>\n <\/p>\n Help us get out the vote!<\/p>\n It\u2019s an honor to be among the nominees for the 2012 Small Business Influencer Awards. Voting is uUnderway and continues until August 5. You can vote daily until then.\u00a0 We appreciate your vote<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":" How different are you from your competitors?\u00a0 That\u2019s a question […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[510],"tags":[657,658,637],"_links":{"self":[{"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/posts\/255"}],"collection":[{"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":0,"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.poly.com\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/p>\n