The $ Trillion Opportunities within Country Positioning in Mind
PR87265
ATLANTA and SHANGHAI, Dec. 15, 2020 /PRNewswire=KYODO JBN/ --
-First Global Strategic Positioning Report Released
Fortune (China) and Ries Positioning Strategy & Consulting have released the
first global positioning strategy report – 'The $ Trillion Opportunities:
Building Global Brands with Country Positioning in Mind' – in the United States.
The positioning report points out that each country has different 'positioning
in mind' qualities and that companies should effectively grasp the concept and
rely on categories to build a global brand.
The research for the positioning report was based on the unique theoretical
framework created by Ries Consulting, and explored through consumer analysis
and category research into six core markets, the United States, China, United
Kingdom, France, Germany and India. It importantly locks in potential category
opportunities in these markets. It also provides guidelines for the development
of potential categories in the global market and is the world's first
positioning report focusing on cognition and category.
"We're at an important time when global business is facing great challenges,
and businesses and brands need to explore the global 'blue ocean'
opportunities," The global CMO of Fortune, Michael Joselof, introduced the
background to the positioning strategy project, "Ries Consulting is a global
strategic positioning leader, famous for pioneering a positioning theory which
combines 'perception' and 'category' in its business models. We have
collaborated to capture the world's most potential product categories."
The positioning report points out that "country positioning in mind" represents
consumers' unique first experienced perceptions of a certain country. Of all
the countries researched, China and India have enjoyed rapid development but
their in-mind country positioning is divided.
The U.S., China and Germany have become leaders in technology and innovation
but India has yet to shake off its traditional agriculture image in the minds
of global consumers. The UK and France are distinguished by good design,
fashion and high-end products, showing their advantages in wealthy consumer
categories such as luxury and jewelry.
Brand, category and country positioning in mind could deeply influence each
other, the report says. Therefore, when building a global brand, the key is to
combine different categories, and each country has its own distinctive leaders
with unique country positioning in mind.
When categories are combined with the superior aspects of a country's
positioning in mind, category innovations are born, and these could form new
global advantages in the consumer mind. The report also specifically analyzes
opportunities in the global market for tea, apparel, electric vehicles and
other categories.
Laura Ries, Global Chairman of Ries Consulting, assessed the future global
business opportunities in conjunction with release of the report, "The key to
winning global competition lies in whether a brand could own the mind of global
consumers. In the process of building a global brand, country positioning in
mind is very important, however it's often overlooked by entrepreneurs.
Exploring and using country positioning in mind and maximizing its influence
will be very helpful in building a global brand."
Laura continued, "This is what Ries Consulting has adhered to and has been
proven in business practice in the past 60 years. In the 21st century, the
global competition between brands is unavoidable. The decision about whether to
grow into a global brand is a 'to be, or not to be' decision. Even though the international
situation is complicated today, only by correctly understanding the law of perception and
by creating new categories can we successfully build global brands."
SOURCE: Ries Positioning Strategy & Consulting
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Caption: The first global strategic positioning report by Fortune and Ries Consulting
was released in Times Square, New York
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