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Reduce marketing
costs by
eliminating the
competition.
‘Competition is overrated. In practice it is quite destructive
and should be avoided wherever possible. Much better than
fighting for scraps in existing markets is to create and own
new ones.’ Peter Theil.
1. Target the smallest possible sustainable market.
2. Understand that the ‘customer owns their ass’
3. Have a tangible strategic competitive advantage.
THE INSIGHTS
1. Target the smallest possible sustainable market
2. Embrace the fact that your customer owns your ass’.
3. Develop a tangible sustainable competitive advantage.
QUESTIONS TO PONDER
1.To what extent can your business target a smallest viable
market and use this to ‘own’’ the market the way Coke
owns its market?
2.How might your business benefit from a brand community
providing low-cost continuous data that enabled you to be
seen to be best able to exceed customer expectations?
3.How might your business benefit from a low-cost co-
creation marketing strategy designed to ensure your
product always meets expectations?
To find out more - visit...
www.djohncarlsonesq.com
Or email me at...
johnc@djohncarlsonesq.com

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REduce marketing costs by eliminating the competition.

  • 2.
  • 3.
  • 4. ‘Competition is overrated. In practice it is quite destructive and should be avoided wherever possible. Much better than fighting for scraps in existing markets is to create and own new ones.’ Peter Theil.
  • 5.
  • 6.
  • 7. 1. Target the smallest possible sustainable market. 2. Understand that the ‘customer owns their ass’ 3. Have a tangible strategic competitive advantage.
  • 8.
  • 9.
  • 10. THE INSIGHTS 1. Target the smallest possible sustainable market 2. Embrace the fact that your customer owns your ass’. 3. Develop a tangible sustainable competitive advantage.
  • 11. QUESTIONS TO PONDER 1.To what extent can your business target a smallest viable market and use this to ‘own’’ the market the way Coke owns its market? 2.How might your business benefit from a brand community providing low-cost continuous data that enabled you to be seen to be best able to exceed customer expectations? 3.How might your business benefit from a low-cost co- creation marketing strategy designed to ensure your product always meets expectations?
  • 12. To find out more - visit... www.djohncarlsonesq.com Or email me at... johnc@djohncarlsonesq.com