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Marketing Applications 4.5 Positioning Positioning: The fixing your sports Fixing company products or entertainment in the Minds of Consumers entity in the minds of consumers in the All about “perception” target market Relative to competitor products Marketing Applications 4.5 Positioning Positioning is About Perception In an effort to position its product as beverage that is as effective as traditional sports drinks in replenishing fluids after a workout, Vita Coco Coconut Water signed Major League Baseball star Josh Hamilton to endorse its brand in 2012 along with an announcement on the eve of the kick-off of the 2012-13 NFL season that they signed four NFL players ( Vernon Davis, Larry Fitzgerald, Eric Decker, and Devin Hester) as ambassadors for the brand Marketing Applications 4.5 Positioning Positioning also refers to the place the product occupies in consumers’ minds relative to competing products Marketing Applications 4.5 Positioning Positioning is important to all sports and entertainment products Sports leagues (NFL vs. Arena Football League) Sports teams (The Los Angeles Lakers in the 1980’s as “Showtime”) Sporting goods (Under Armour as comfortable performance apparel) Marketing Applications 4.5 Positioning Positioning is important to all sports and entertainment products Sports drinks (Gatorade as a performance beverage) Movie studios (Pixar as a leader in animated films) Entertainers (Sylvester Stallone, Arnold Schwarzenegger and Bruce Willis and as iconic action film stars)
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