DNS Business Development Workshop
Course Overview
This course is designed to provide a basic understanding of the Domain Name System (DNS) industry and business drivers to enable entrepreneurs to understand potential business opportunities in this industry.
The course will focus on practical issues where appropriate, with case studies and listings of available resources and vendors in the industry. Ample time will be included for networking opportunities and identifying available resources for on-going assistance after the conclusion of the course.
The course will occur over a 5 day period, with an early end on the last day to accommodate travel schedules
2. A concept so simple,A concept so simple,
people have difficulty understandingpeople have difficulty understanding
how powerful it is!how powerful it is!
3. WhatâŚWhatâŚ
⢠Positioning is owning a piece of consumerâs mind
⢠Positioning is not what you do to a product
â Itâs what you do to the mind of the prospect
⢠You position the product in the prospectâs mind
â âItâs incorrect to call it Product Positioningâ â Ries & Trout
4. ExamplesExamples
⢠ColgateColgate is ProtectionProtection
⢠LuxLux is GlamourGlamour
⢠Pondâs DFTPondâs DFT is ConfidenceConfidence
⢠AxeAxe is Sexual AttractionSexual Attraction
⢠GilletteGillette is QualityQuality
5. WhyâŚWhyâŚ
The assault on our mindâŚ
⢠The media explosion
⢠The product explosion
⢠The advertising explosion
⢠So little message gets through that you
ignore the sender and concentrate on
the receiver
6. HowâŚHowâŚ
⢠The easy way to get into a personâs mind is to
be first
â Xerox, Kodak, Polaroid, Sun TV, The Hindu, F&L
⢠If you didnât get into the mind of your prospect
first, then you have a positioning problem
â Better to be first than be best
⢠In the positioning era, you must, however, be
first to get into the prospectâs mind
7. HowâŚHowâŚ
⢠The basic approach is not to create something
new or different, but manipulate whatâs already
in the mind
⢠To find a unique position, you must ignore
conventional logic
⢠Conventional logic says you find concept inside
product
â Not true; look inside prospectâs mind
⢠You wonât find an uncola idea inside 7-up; you
find it inside cola drinkerâs head
8. ââYou concentrateYou concentrate
on the perceptions of the prospect,on the perceptions of the prospect,
not the reality of the productânot the reality of the productâ
- Al Ries & Jack Trout- Al Ries & Jack Trout
9. ââItâs difficult to change behaviour,Itâs difficult to change behaviour,
but easy to work with itâbut easy to work with itâ
- Paco Underhill- Paco Underhill
10. What you needâŚWhat you needâŚ
⢠Understand the role of words and how
they affect people
â Turtle vs. Lexus
⢠Be careful of change
â Disney
⢠Need vision
â Long term / Not on technology or fad
11. What you needâŚWhat you needâŚ
⢠Courage
â To slug it out when others watch and wait
⢠Objectivity
â You need a backboard / a springboard
⢠Simplicity
â Not complicated or convoluted
12. What you needâŚWhat you needâŚ
⢠Subtlety
â Unique position and appeal thatâs not narrow
⢠Willingness to sacrifice
â The case of Nyquil
â Rexona wooing male and female
⢠Patience
â Geographical roll out / Demographic /
Chronological
⢠Global outlook
â Taj Mahal tea
13. GuidelinesGuidelines
⢠Start by looking not at the product but at the
position in the market that you wish to occupy, in
relation to competition
⢠Think about how the brand will answer the main
consumer questions
â What will it do for me that others will not?
â Why should I believe you?
⢠Try to keep it short and make every word count
and be as specific as possible
â Vagueness opens the way to confused executions
14. GuidelinesGuidelines
⢠Keep the positioning up-do-date
â Give as careful consideration to change as you did to
the original statement
⢠Look for a Key InsightKey Insight!
â An âAccepted Consumer BeliefââAccepted Consumer Beliefâ
15. What is key insight?What is key insight?
⢠Key Insight is âseeing below the surfaceâ /
âseeing inside the consumerâ
⢠Insight expresses the totality of all that we know
from seeing inside the consumer
⢠An insight is a single aspect of this that we use
to gain competitive advantage
⢠By identifying a specific wayâŚ
â That the brand can either solve a problem or
â Create an opportunity for the consumer
17. Key InsightKey Insight
ââFragrance of my current talc does not last longFragrance of my current talc does not last long
and I miss opportunities to enjoy lifeâand I miss opportunities to enjoy lifeâ
19. More on key insightâŚMore on key insightâŚ
⢠It will require two separate thoughts to be related
to each other in a new and fresh way
⢠Insight will generally be enduring
⢠Often the process will lead to several insights
⢠The one to use is the one that offers to be the
source of greatest competitive advantage
20. More on key insightâŚMore on key insightâŚ
⢠No need for insight to change if you have
identified the higher-order needs of
consumers
⢠Keep asking âwhyâ to find the real need
behind the obvious insight
⢠Remember, the insight is always the basis
for a brandâs positioning
21. How to find one?How to find one?
⢠What are the ways in which the category / brand
can improve someoneâs life?
⢠What are the conflicting needs that people face
and that the brand can solve?
⢠How important is it that the product delivers?
Who will notice?
⢠What is standard of excellence in the category?
⢠With every answer you get, you need to probe
deeper:
â âWhy is that?â
22. The 3Câs of positioningThe 3Câs of positioning
⢠Be Crystal clear
⢠Be Consumer-based
â Be relevant and credible to the consumer
â Write in consumer language and from consumerâs view point
⢠Be Competitive
â Be distinctive
â Focus on building brand elements into powerful discriminator
â Be persuasive
â Be sustainable
23. And thenâŚAnd thenâŚ
⢠The brand name!
⢠The name is the first point of contact
between the message and the mind
⢠ââThe brand name is a knife that cuts theThe brand name is a knife that cuts the
mind to let the brand message insideâmind to let the brand message insideâ
â Ries & TroutRies & Trout
24. GuidelinesGuidelines
⢠Itâs not the goodness or badness of the name in
an aesthetic sense that determines
effectiveness
â Itâs the appropriateness of the same
⢠Name begins the positioning process, tells the
prospect what the productâs major benefit is
â Fair & Lovely
â Close Up
â Krack
â Head & Shoulders
â Vaseline Intensive Care Body Lotion
25. Checklist: Brand nameChecklist: Brand name
⢠Should be simple
⢠Should be acceptable in all key languages
⢠Should be appropriate when geographically spread
⢠Should be amenable for easy registration