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- Herbal Profiles #69
Herbal Profiles #69
Lars Miller
December 27, 2024
Welcome Note
Welcome back Gardeners! And Merry Christmas, Happy Hanukkah, and Happy Holidays! I hope everyone is having a very relaxing and enjoyable break and time with the family. And if it’s stressful, I hope the weed drinks are plentiful!
Well, I made it back to Linkedin. Unfortunately I lost my original account, 11,000 followers, just shy of a million impressions in the last 12 months, and about 15+ years of connections, conversations, and more. So please, reach out, send a connection request, follow me, and I will rebuild from scratch. We did it once and we can do it again!
Please follow me on Bluesky, X, Facebook, Instagram, and of course Youtube. You also can always reach me by just hitting reply here.
In case you missed it, David Gonzalez and I launched a podcast this year & the sixth episode was released with Chris Fontes. So be sure to subscribe on Apple, Spotify, or wherever you get listen to podcasts. Also, be sure to rate us and maybe give the Youtube Channel a follow to if that’s your jam!
Just a heads up, The Free Spirits Podcast is on break for the rest of 2024 and then we will be regrouping for season 2 in 2025. Similarly, the Founder and Creator Spotlight’s will be making a return in 2025 as well.
Any comments or questions? Leave comment on this post or shoot me an email. Would love to hear from you!
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News Round Up
NA Beverage Trends: SPINS December 2024 Category Report - SPINS reports highlight the steady growth of non-alcoholic beverage categories, driven by functional ingredients and wellness-oriented consumers.
Minnesota Brewers Tap Into Shifting Tastes - Minnesota breweries innovate with craft non-alcoholic beers and lower-ABV beverages to meet changing consumer preferences.
Cannabidiol (CBD) Market Report - The global CBD market is projected to reach new heights in 2024, fueled by increased legalization and consumer demand for wellness products.
Small Wonders: Nanoemulsion Technology for Cannabinoid Delivery - Nanoemulsion technology enhances the bioavailability and consistency of cannabinoids, promising a future of more effective infused products.
THC Drinks Gain Traction but Face Hurdles Replacing Alcohol - THC-infused beverages are rising in popularity but face regulatory and consumer adoption challenges as alternatives to alcohol.
New Restrictions to Hemp THC Products Commence on January 1, 2025 - Upcoming restrictions in New Orleans on hemp-derived THC products spark concern for small businesses navigating tighter regulatory landscapes.
📰 Got news? Submit it here! 📰
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Rethink Your Hemp Beverage Brand Positioning: A Step-by-Step Guide to Standing Out
Let’s be honest, this market is crowded. It’s easy for brands to blend together, each offering similar promises of health, relaxation, and natural ingredients. To truly stand out, it’s essential to differentiate your brand in a meaningful way. One effective strategy is to consider the opposite of conventional positioning to uncover unique opportunities.
I put together this quick guide to help and walk you through actionable steps to rethink your brand positioning and create a distinct place in the minds of your customers.
1. Understand the Difference Between Strategy and Positioning
Brand Strategy: Your long-term plan for achieving specific goals. It outlines what you want to accomplish and how you plan to get there.
Brand Positioning: How your brand is perceived in the minds of your target customers relative to competitors. It’s about the unique value you offer.
Action Step: Clearly define your brand strategy and ensure you understand how it differs from positioning. Write down your long-term goals and the roadmap to achieve them.
2. Identify the Generic Positioning in Your Industry
Take a look at your competitors. Notice the common themes and messages they use, such as “natural relaxation,” “health-focused,” or “premium quality.”
Action Step:
List the common positioning statements used by other hemp beverage brands.
Highlight the clichés and overused phrases that make brands indistinguishable from one another.
3. Consider the Opposite to Find Unique Angles
By flipping the generic positioning on its head, you can uncover fresh perspectives.
Example:
Generic Positioning: “Our hemp beverages are the most natural and soothing on the market.”
Opposite Positioning: “Our hemp beverages are bold and energizing, designed for those who live life at full speed.”
Action Step:
Write down the opposite of each generic positioning statement you’ve identified.
Analyze whether these opposites reveal underserved market segments or unique value propositions.
4. Define Your Target Audience Precisely
A product for everyone appeals to no one. Narrowing down your target audience allows you to tailor your messaging and offerings more effectively.
Action Step:
Create detailed buyer personas for specific segments, such as “busy professionals seeking focus” or “athletes needing recovery.”
Understand their needs, desires, and pain points.
5. Craft a Specific and Compelling Positioning Statement
Develop a positioning statement that clearly communicates your unique value to your specific audience.
Formula:
For [target audience] who [need/desire], [your brand] is the [category] that [unique benefit].
Example:
“For creative professionals who need a spark of inspiration, our hemp beverages are the energizing elixirs that ignite creativity without the crash.”
Action Step:
Use the formula to draft your own positioning statement.
Ensure it is specific, unique, and addresses a real need.
6. Validate the Opposite Positioning
Test whether the opposite positioning resonates with a different audience.
Action Step:
Conduct market research or surveys to see if there’s interest in the alternative positioning.
Analyze feedback to refine your positioning further.
7. Align Your Packaging and Marketing with Your Positioning
Your packaging is often the first interaction consumers have with your brand. It should reflect your unique positioning and appeal to your target audience.
Action Steps:
Design Elements: Choose colors, fonts, and imagery that resonate with your audience. For an energetic brand, vibrant colors and bold graphics may be appropriate.
Messaging: Clearly state what your product is and who it’s for on the packaging.
Differentiation: Highlight your unique benefits prominently.
8. Ensure Consistency Across All Touchpoints
From your website and social media to in-store promotions, consistency reinforces your brand positioning.
Action Step:
Audit all marketing materials and customer touchpoints to ensure they align with your new positioning.
Update any elements that don’t support your brand’s unique identity.
9. Test and Refine Your Positioning
Positioning is not a set-it-and-forget-it exercise. Regularly evaluate its effectiveness and make adjustments as needed.
Action Steps:
Monitor Sales and Feedback: Keep an eye on sales data and customer reviews.
Stay Flexible: Be willing to tweak your positioning based on market response and changing consumer needs.
10. Stay True to Your Brand Promise
Authenticity builds trust. Ensure that your products deliver on the promises made by your positioning.
Action Step:
Collect customer testimonials to verify that you’re meeting or exceeding expectations.
Use this feedback for continuous improvement.
Making Your Mark in the Hemp Beverage Market
Rethinking your hemp beverage brand positioning by considering its opposite can reveal untapped market opportunities and help your brand stand out. By following these actionable steps, you’ll develop a distinct positioning that resonates with a specific audience, making your brand memorable and compelling in a saturated market. Remember, the goal is not to be everything to everyone but to be the go-to choice for your ideal customer.
Next Steps
Start Today: Use this guide to assess your current positioning and identify areas for improvement.
Engage Your Team: Collaborate with your marketing, design, and sales teams to ensure alignment.
Measure Impact: Set KPIs to track the effectiveness of your new positioning over time.
By taking deliberate and thoughtful actions, you can reposition your hemp beverage brand to not only stand out but to become a preferred choice among your target consumers.
If you’re looking for someone to help you with your brand positioning, personal branding, and more shoot me an email to [email protected]
Enjoy 20% off when you use Code HERBALx20
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