X blackboard.strayer.edu/webapps/blackboard/content/listContent.jsp?course_id=_442063_1&content_id=_37183687_1&mode=resel Paused WEEK 4 Gale Walker Determining What Makes Your Brand Unique What is the brand's uniqueness? What makes your brand unique? What makes it stand out? . Why do you think this is attribute is unique? . Why do you think customers will want this particular uniqueness? For example, Chick-Fil-A's customer service is unique. Most fast-food restaurants do not offer such high- quality service. Many consumers flock to Chick-Fil-A to be treated well. What is the competitive advantage of the brand? How is it different from other competing brands? . What does your brand do better than its leading competitors? . What type of advantage do they have over the competitors? For example, when Steve Jobs invented the iPod touch technology, he knew it was going to be big. He purchased 10 years' worth of raw material needed to build touch screens. Brands that wanted to copy Apple's technology had to pay a much higher price for the supplies. This gave Apple the competitive advantage of being able to produce the product at half the cost of the competition Does the brand have any attributes or benefits that dominate competitors? . What attributes (properties) or benefits do you see that dominate the competitors? For example, iPhones dominate the smartphone market and have done so for many years Other brands may have more features, lower costs, and a longer battery life, but iPhone buyers are loyal (sometimes jokingly referred to as a cult!) While iPhones were among the first touchscreen phones, it was their user-friendly platform and their ability to communicate seamlessly across other Apple devices that made them popular worldwide. Positioning Statement and Motto Develop a new positioning statement for the brand you selected. . Define your actual positioning statement for the business and discuss why you have decided upon this actual positioning statement. Remember, once you write your positioning statement, make sure you address why you created it and why you think it will work . View How to Write Market Positioning Statements. It explains what needs to go inside of a positioning statement and provides examples. Develop a new motto for the brand you selected. . Create the new motto for the business and then discuss why you created this specific motto. In many cases, slogans and mottos are the same, as you are creating your motto, keep that in mind. Once you create your motto, make sure you address why you created the motto and why you think it will work View How to Make a Business Motto for tips on how to get started o View 50 Examples of Catchy and Creative Slogans for Ideas as you are creating a new motto for your selected business Watch the videos in the playlist below to help you with the Week 4 Assignment