A positioning statement is one of the most important documents for any startup or small business. It helps get everybody aligned and bring crystal clear focus to your business which can help guide messaging, strategy, future product decisions and much more.
Let's explore the ins and outs of positioning statements, why they're crucial early on in your business, and how to create an impactful one for your brand.
Simply put, a positioning statement is a brief, focused statement that helps simplify your brand down to its key elements. It outlines your:
Example: For teams who need a new way to communicate, Slack provides a real-time messaging platform because it's faster and better organized than email.
There are a lot of reasons that a positioning statement is important but I think most of them can be grouped into 3 main categories.
All of these benefits help reduce wasted time and get everybody on the same page.
There's no single "correct" formula for writing a positioning statement, however there are some core elements that every good positioning statement has. Let's explore some of the elements that make a great positioning statement.
While there is more than one way to create your positioning statement, I find it's helpful to use a template when starting out. Here are a few different templates that you can use to get started.
Here are some positioning statement examples you can use to help guide the creation of your own brand's positioning. Now while these are not the official positioning statements for these brands, these examples can serve as valuable examples of how you can start creating your brand's positioning statement.
For teams who need a new way to communicate, Slack provides a real-time messaging platform that is faster and better organized than email.
For small businesses who need to send better marketing emails, Mailchimp provides an easy-to-use automation platform because anyone can get started fast.
For environmentally conscious drivers who want luxury and performance, Tesla provides all-electric vehicles that are cutting-edge and better for the planet.
For music lovers who want a personalized listening experience, Spotify provides unlimited on-demand streaming that offers curated playlists and endless discovery.
For professionals who need seamless remote collaboration, Zoom provides a reliable video conferencing platform that offers HD video/audio and robust meeting tools.
For outdoor enthusiasts who value sustainability and quality, Patagonia provides high-performance clothing and gear that are long-lasting and ethically manufactured.
For athletes and dreamers who strive to push boundaries, Nike provides innovative performance gear and inspiration that empowers you to achieve your "Just Do It" moment.
For coffee lovers seeking a welcoming and revitalizing experience, Starbucks provides premium handcrafted beverages and pastries with unmatched quality and environment.
For discerning drivers who demand luxury and exhilarating performance, BMW provides precision-engineered vehicles that deliver a better driving experience.
For anyone seeking refreshment and a moment of shared happiness, Coca-Cola provides the classic, refreshing taste that brings people together as a symbol of good times.
Your positioning statement is much more than just a tagline or slogan. Here are a few ways to to maximize its benefit throughout your entire business.
Your positioning statement is a powerful tool that defines your brand's strategic direction. It's a compass that guides your internal team and helps avoid wasted time through better alignment. By investing time and care in carefully crafting a strong positioning statement, you'll gain clarity on your brand's unique place in the market, attract the right customers, and build a business that stands out from the competition.
Remember: Your positioning statement is a living document – revisit it regularly as your business and market evolve. By consistently communicating your unique value proposition across all touchpoints, you'll establish your brand as the go-to choice for your target audience.
Want to talk about your brand's positioning more in depth? Schedule a free 1 on 1 marketing consultation here!