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Strategy reviews and rebranding
Lumière Associates recently undertook a rebranding project for a major
luxury travel company, involving strategic planning advice, internal and
external branding programmes. This resulted in a completely new
positioning for the company that was carried through all elements of the
business.
Positioning defines how and where the hotel unit, hotel group or travel company
will compete. It identifies the company’s qualities, the benefits offered to
the consumer and when these can best be used.
Repositioning can create a new point of differentiation – or unique selling point –
of a company against its competition. This can open up new market segments,
both geographic and demographic.
To reposition a hotel or
travel company, Lumière would start by asking the following questions:
Positioning is usually a long term strategy which can be fine tuned or refreshed
every few years. Although advertising can help with creating an image in the
customer mind of a particular company’s position, it is essential that the
customer’s beliefs, feelings and experiences all match the advertising, or else
it will fail.
Customers tend to respond to a benefit or expectation that can be gained by
using the company’s services, rather than just the image. It is important to
identify the types of customers to whom that benefit will appeal, and also
distinguish the company from its competition.
Strategic Division
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Lumière Associates
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