Many times in marketing we are faced with a similar challenge – dethrone the king and do it on time and under budget. Many of us relish this challenge, and it’s probably why I’m still in marketing today. It’s fun to be the underdog. Nobody expects you to win, so you avoid all the pressure and focus on the task at hand.
While it may be the initial thought, we don’t have to go to feature war on all fronts with competitors. They are simply too massive. Imagine Apple going after Microsoft in the late 90s – it wouldn’t have worked. Microsoft was too firmly entrenched and had too much money to spend.
Instead, upon his return, Steve Jobs focused on the back doors to the Microsoft kingdom of consumers. He went after the surrounding consumer market. Enter the iPod. By creating an all Apple, all new product that was second-to-none and the ecosystem to back it up – Jobs was able to introduce his company to the market at a lower price point than a new computer.
With the iPod, consumers got a taste of the Apple magic both in the hardware and software. When people saw how well it all worked, they wanted more. That means more sales of iPhones, iPads, and yes, eventually Macbooks, and the Mac OS.
It’s a powerful strategy if you can find the right button to push. Google is taking on Facebook in a similar manner. Though they have similar features, Google+ has yet to take off. By incrementally introducing features – Google is trying to slowly ween people ONto its platform. A great example is the automatic picture correction just announced last month at Google IO. Pictures are more “sticky” than comments. People like to go back and revisit them time and again. With mobile devices increasingly being used as primary cameras – Google is hoping to become the place people store and share them.
Other companies, like Path are taking a different approach. By limiting the number of connections a person can have – they seek to avoid the noise that people so often complain of with Facebook.
This strategy can also work with small businesses – highlight something that you are really good at. Lots of people are fitness trainers but you can distinguish yourself by offering services that others neglect. Instead of gym training, offer home training or public park training. Instead of losing weight, focus on scrawny people who want to gain weight. Instead of just focusing on training, offer consultation on nutrition and partner with someone who will supply the food.
There are plenty of opportunities to find your way around a giant – think about your market and go get-em!
Demand Generation Consulting 