Why category positioning is paramount to building a successful technology brand.

Ray Baird is President of RiechesBaird

Last week we spoke about the importance of defining the category in which a technology company competes in order to develop an effective brand position. This week we are going to focus on how to approach the assignment and what you need to know to make it successful.

First of all, timing is everything.

If your tech company does not see an immediate need, the likelihood for the project to be successful will be slim. Basically, you have a few options.  Wait for some major change that invokes the discussion of re-examining the positioning (like a merger/acquisition or new product/market direction) or you can create evidence (quantitative or qualitative) for the need.  Take caution when developing the latter. In our experience, technology brands must take individual opinions out of the equation and use research to justify the need.

A sure fire way to create internal buy-in is to conduct the questioning we discussed in Part 1 of this series. Having your executive team reveal their understanding and thoughts as it relates to brand positioning usually gets the group talking about the need to re-examine.

Another suggestion would be conducting a simple survey to existing customers and prospects. There is nothing like fresh research to help understand the current perceptions of your brand positioning and category considerations. Lastly, if your organization is consultant friendly, it’s never a bad idea to have a third-party organization come in to give you an assessment that roles up both internal and external perceptions. Remember, if you don’t get buy-in from the executive group, you are in for a big challenge. You must develop the need.

Developing your category definition and brand positioning is not just a marketing exercise. It is a business exercise and decision that must involve your executive leadership in order for you to be successful.

Once you have buy-in from your team, it’s critical to establish a specific process with defined deliverables that everyone understands and agrees upon. Timing will be critical. Once the project starts it’s extremely important to keep momentum going for the group to stay engaged because you need to have the executive group involved throughout the process. Basically they need to commit to a few meetings and an hour-long, in-depth interview.

A typical brand development assignment of this nature generally takes around 90 days from start to presentation of final recommendations. Our brand consultants suggest getting brand strategy going with a simple kickoff meeting to familiarize the group with the process, expected outcome and their roles in the project. Fundamentally you and your selected technology brand experts need to guide the group through the assessment and discovery phase.

Here are the core pieces of the research. Make sure you not only roll up the findings into insights, but also suggest what the research will mean to the project.

1. Internal Insights: Personal interview with executives and survey of management and employees to capture strengths/weakness/gaps
2. External Insights: Customer/Prospects and industry experts (like Gartner) perceptions and driving influences
3. Competitive Review: Mapping of competitors positioning and brand strategy
4. Market Dynamics: Clear understanding of the current dynamics and future considerations/influences

Once armed with this insightful information you are fully prepared to discuss the strategic paths to developing a well-defined category definition and brand position for differentiation and growth.

In the final installment of this series, we will explore what it takes to develop winning positioning and how to build a technology brand for optimal performance.