competition
166 posts
The New Rules Of Winning
Just three months ago Volkswagen surpassed Toyota to become the world’s largest automaker. It’s clear that selling more cars in order to beat that competition had been the company’s goal for some time. As we’ve seen in the past week biggest doesn’t necessarily mean best. When we use shallow metrics
You Are Not Apple, And That’s No Excuse
“That’s all very well, but we are not Apple,” says every CEO and entrepreneur, when a well-meaning colleague gives another Apple best practice example as a possible way forward. No, you are not Apple and you don’t have to be. There are a million ways to do meaningful work. Owning the fact that it’s
Problem/Product Fit
Before you write the code, buy the domain name, design the logo, rent the office space or print the business cards ask yourself these questions. 5 questions for every entrepreneur to answer 1. Who is your customer? 2. What does she want to do, but can’t? 3. How exactly does your product or service h
How Winners Win
Do you remember playing musical chairs as a child? As with many games the same people who seemed to ‘have a knack’ or ‘get the hang of it’ always won. I was terrible at musical chairs. I was the kid who hedged her bets, tried to hold on, or scoot around the chairs half sitting,…
What Are Your Competitors Failing To Do?
Like many new mothers Jessica Alba wanted to buy non-toxic baby products, they were incredibly difficult to find information about and source, this inspired her to found The Honest Company. Dave Gilboa lost a $700 pair of glasses and couldn’t afford to replace them, his experience was the seed of an
The Marketing Disconnect
Potential customers have unlimited choices and are in no rush to make a decision. You on the other hand, need customers to choose your product or service, and to do it in the quickest time frame possible. It would be easy to believe that because you need more people to choose your product today, you
The Most Important Lens We Have
As business owners and team leaders we view our businesses through various lenses. We have a financial lens, a success lens, a marketing lens, a service lens and on and on depending on how complex our organisation is. We measure our performance in a hundred different ways, often neglecting the most
Betting On Maybe
There are many reasons why Melbourne has been crowned World’s Most Liveable City four years running—great coffee is just one. It’s impossible to walk a hundred metres in any direction without stumbling on a place to grab a ‘good enough’ macchiato, so there’s a lot of competition in the coffee busine
Questioning The Questions—The Truth About Your Data
You’ve probably been on one of those calls to a service provider where having pressed, one, then two, then one again and being on hold for fifteen minutes you finally get to speak to a human being. Sadly, the undervalued team member at the call centre is charged with doing his best to troubleshoot h
The Unsurprising Way To Find More Customers
There was clearly a big job of work to do on the old Victorian home close to where we live. We didn’t envy either the owners, or the painting contractor who was slowly and carefully laying down dust sheets on that first morning, long before many people had started their day. The painter worked alone
The Gap Between Saying And Doing
You will have seen this image of a goldfish making a courageous leap from his bowl on countless websites. It’s meant to convey a message about a company that’s not afraid to challenge the status quo, of course it’s now so ubiquitous, it does exactly the opposite. Nobody in the marketing department g
What Your Competitors Can’t Copy
Back in the day our neighbour had to buy her gluten-free products from a tiny and very expensive range of products at the local pharmacy. If you wanted organic products you trekked across town to a speciality store. Not so today. As demand drives supply, competitors enter new markets and what was on
3 Questions To Help You Find Your Niche
Look in the jewellery shop windows in any western city and you’ll notice the same trends—rings, bracelets and necklaces designed to appeal to what most people like the look of. Jewellery designer Megan Auman found her niche by marrying her talents as a metalsmith and designer, to create pieces that
The Business You’d Want To Visit
Matthew Weiner, the creator of the wildly successful TV series Mad Men carried that script around with him for four years, shopping the idea to whoever would listen. During that time people asked him if he was aware of how uncommercial his idea was before they rejected it. The reason the folks at AM
Marketing In The Connection Economy
Traditional marketing, conceived for an industrial age asks us to believe in the wisdom of the funnel. Create something for most people, compete for the interest of some of them and convert a handful to customers. Ironically what works in the connected economy, where our potential customers have acc
A Lesson In Unlocking Value
When you book a room at the Hilton or the Hyatt you either have a pleasant conversation with someone in a call centre who you will never hear from again, or you get a polite, well-crafted email in your inbox. Your expectation about the experience is based on the photos from the website and the…
A Category Of One
The sign was in the perfect spot—right next to the traffic lights at a notoriously slow moving T-junction, to maximise the number of people who would see it. The message was clear: “NEED A WEBSITE? 04040404040” What’s also clear is that the people who call are not likely to be the customers that the
The Meaningful Advantage
The newspaper delivery van still drives up our street at 4am on Saturday morning. You can hear the rolled, plastic wrapped weekend edition thud onto the neighbour’s lawn as the driver takes aim from the window. And even at 4am you can’t help wondering if this service will be meaningful to enough peo
We Don’t Need Better Marketing
When I was growing up in Dublin home baking was the norm. Most families couldn’t afford the luxury of expensive, shop bought cakes, so ironically something like a mass-produced Mr Kipling’s French Fancy was seen as a decadent treat—the kind that was rolled out on a doily when you were having a speci
Thinking About Your Advantages
Every traditional car dealer sells a similar product. What can one Ford dealer do that his competitors in the next suburb can’t? There is very little he has a monopoly on. John is a car dealer who has been operating in Perth for 45 years, he periodically takes out a double page spread in the…
