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Competitive Environment
Marketplace, Competitors, Outside Threats and Trends
Coraggio C1
1:30 - 4:15 Friday 12th Aug, 2011
Agenda

  1:30 - 1:50 Stimulation Keynote (outside scope)

  1:50 - 3:00 Working session covering Market place, Competitors, Outside
  Threats and Trends 

  3:00 - 3:15 Break 

  3:15 - 4:15 Stump the Strategist session. Your chewiest marketing challenge
  solved live in 9 minutes.  


           Link to me on LinkedIn (Ashton Bishop) and you
                   can download this presentation
WHICH WAY IS
THE GIRL
SPINNING?
Competitor
                             Checklist
  Measure w
            hat’   s right, not
                                  just what’s
  Look for op                                 e asy
                portunities
                            , not just ev
  Use the rig                             idence
              ht tools
 Think broad
               ly, act narr
                            owly
- bring it ba
             ck to grow
                          th
Think 1000
              days
YOUR MARKET?




       Defining your market is
         the most important

business shaping decision you can make
YOUR MARKET?


Narrow or wide
   definition




                        Defining your market is
                          the most important

                 business shaping decision you can make
YOUR MARKET?

                                    Defines
Narrow or wide
                                  competitors
   definition




                        Defining your market is
                          the most important

                 business shaping decision you can make
YOUR MARKET?

                                    Defines
Narrow or wide
                                  competitors              Defines
   definition
                                                          customers




                        Defining your market is
                          the most important

                 business shaping decision you can make
YOUR MARKET?

                                    Defines
Narrow or wide
                                  competitors                         Defines
   definition
                                                                     customers




                        Defining your market is
                          the most important

                 business shaping decision you can make




                                                          Determines your
                                                           position in that
                                                             category
YOUR MARKET?

                                       Defines
Narrow or wide
                                     competitors                         Defines
   definition
                                                                        customers




                           Defining your market is
                             the most important

                    business shaping decision you can make




      Determines your
                                                             Determines your
        strategy for
                                                              position in that
          growth
                                                                category
YOUR MARKET?
YOUR MARKET?

- Most wanted man in
     the world?
YOUR MARKET?

- Most wanted man in   - First solo trans-pacific air
     the world?                  crossing?
YOUR MARKET?

- Most wanted man in   - First solo trans-pacific air   - First man on
     the world?                  crossing?                the moon?
YOUR MARKET?

- Most wanted man in   - First solo trans-pacific air   - First man on   - Highest mountain in
     the world?                  crossing?                the moon?            Australia?
YOUR MARKET?

- Most wanted man in   - First solo trans-pacific air   - First man on   - Highest mountain in
     the world?                  crossing?                the moon?            Australia?




                          Who remembers number 2?
YOUR MARKET?

- Most wanted man in   - First solo trans-pacific air   - First man on   - Highest mountain in
     the world?                  crossing?                the moon?            Australia?




                          Who remembers number 2?



                                          BE A MARKET
                                             LEADER
                                          IN A SMALLER
                                             MARKET
SOME TOOLS
For a SWOT analysis, conduct one for yourself and one for key competitors.
STRENGTHS




For a SWOT analysis, conduct one for yourself and one for key competitors.
STRENGTHS                                     WEAKNESSES




For a SWOT analysis, conduct one for yourself and one for key competitors.
STRENGTHS                                     WEAKNESSES




OPPORTUNITIES




For a SWOT analysis, conduct one for yourself and one for key competitors.
STRENGTHS                                     WEAKNESSES




OPPORTUNITIES                                        THREATS




For a SWOT analysis, conduct one for yourself and one for key competitors.
COMPETITIVE MAPPING




Noun = Name
Verb = Action
COMPETITIVE MAPPING

                      Direct Competitors
                        same noun/verb




Noun = Name
Verb = Action
COMPETITIVE MAPPING

                       Direct Competitors
                         same noun/verb




Alternative                                   Substitute
same noun/                                  different noun/
different verb                                same verb




Noun = Name
Verb = Action
COMPETITIVE MAPPING

                       Direct Competitors
                         same noun/verb




Alternative                                    Substitute
same noun/                                   different noun/
different verb                                 same verb




Noun = Name
Verb = Action
                            Economic
                       different noun/verb
GJC COMPETITIVE MAPPING

                                           Direct Competitors
                                             same noun/verb

                                          “Espresso Coffee”

                                             Starbucks
                                              McCafe
                                            Coffee Club
                                              Michel’s
                                            Local cafe
          Alternative
                                                             Caffeine soft drink      Substitute
          same noun/          Instant coffee                        Tea             different noun/
          different verb                                                              same verb
                              Filtered coffee                    Easy Way
       “Quick Coffee”                         snacks                               “Caffeine Hit”
                                                              “bubble drinks”
                                             soft drinks
                                            better lunch
                                               petrol
                                             cigarettes
                                                        “Cash
Noun = Name                                            Takers”
Verb = Action
                                                Economic
                                           different noun/verb
INNOVATIVE ENTRANT MODELLING
INNOVATIVE ENTRANT MODELLING


    ENTRANT 1     ENTRANT 2




    ENTRANT 3     ENTRANT 4
INNOVATIVE ENTRANT MODELLING


    ENTRANT 1     ENTRANT 2




    ENTRANT 3     ENTRANT 4
FUTURES TUNNEL
FUTURES TUNNEL




Historical forces
FUTURES TUNNEL




Current impacts



Historical forces
FUTURES TUNNEL

Future considerations


  Current impacts



  Historical forces
Trends research
 What’s the future looking like?
The
                                            Future




When working with a futurist they would generally ask you to look at 3 different futures.
PROBABLE
                                                                        What’s most likely to
                                                                        happen in the next 10
                                                                        years?
                                             The
                                            Future




When working with a futurist they would generally ask you to look at 3 different futures.
PROBABLE
                                                                        What’s most likely to
                                                                        happen in the next 10
                                                                        years?
                                             The
                                            Future

                                                                         PR
                                                                           EF
                                                                              ER
                                                                                RE
                                                                                   D




                    What would we like to happen?
                    And how can we help this eventuate?




When working with a futurist they would generally ask you to look at 3 different futures.
PROBABLE
         What might happen in
        the next 10 years ?
                                                                        What’s most likely to
                                                                        happen in the next 10
                                                                        years?
                                             The
                                            Future

                                                                         PR
                                                                           EF
                           E                                                  ER
                     S IBL                                                      RE
                 POS                                                               D




                     What would we like to happen?
                     And how can we help this eventuate?




When working with a futurist they would generally ask you to look at 3 different futures.
BINARY ANALYSIS
                                   How to make sure every $ you spend on marketing
                                                 only works for you




The Law of Selling by Dave Trott
BINARY ANALYSIS
Where’s the growth?
•   Net sum game

    –   More ads ≠ more money to spend



                                  You can only get:



                                         OR
BINARY ANALYSIS
Where’s the growth?
•   Net sum game

    –   More ads ≠ more money to spend



                                       You can only get:

             1. New people to use
                your product

                –    $ entering the
                    category                 OR
                –    $ switched from
                    your competitor
BINARY ANALYSIS
Where’s the growth?
•   Net sum game

    –   More ads ≠ more money to spend



                                       You can only get:

             1. New people to use                     2. Existing customers
                your product
                                                        –    use more
                –    $ entering the                         (frequency)
                    category                 OR         –    pay more (up-sell,
                –    $ switched from                        x-sell, premium)
                    your competitor
BINARY ANALYSIS
BINARY ANALYSIS




Market Growth                 Brand Share
BINARY ANALYSIS




Market Growth                 Brand Share
BINARY ANALYSIS




                Market Growth                                Brand Share



Current Users                   Triallists   Current Users                 Triallists
BINARY ANALYSIS




                Market Growth                                Brand Share



Current Users                   Triallists   Current Users                 Triallists
BINARY ANALYSIS




                     Market Growth                                            Brand Share



     Current Users                   Triallists               Current Users                  Triallists



Branding      U.S.P.         Branding             U.S.P.   Branding      U.S.P.        Branding           U.S.P.
BINARY ANALYSIS

                                           Market Leader should
                                           normally look to grow
                                               the market



                     Market Growth                                            Brand Share



     Current Users                   Triallists               Current Users                  Triallists



Branding      U.S.P.         Branding             U.S.P.   Branding      U.S.P.        Branding           U.S.P.
BINARY ANALYSIS

                                             Market Leader should
                                             normally look to grow
                                                 the market



                       Market Growth                                            Brand Share



       Current Users                   Triallists               Current Users                  Triallists



  Branding      U.S.P.         Branding             U.S.P.   Branding      U.S.P.        Branding           U.S.P.




  Will join the category
from next most attractive
        alternative
BINARY ANALYSIS

                                             Market Leader should
                                             normally look to grow
                                                 the market



                       Market Growth                                            Brand Share



       Current Users                   Triallists               Current Users                  Triallists



  Branding      U.S.P.         Branding             U.S.P.   Branding      U.S.P.        Branding           U.S.P.




  Will join the category                       Currently your
from next most attractive                   competitors’ customers
        alternative
BINARY ANALYSIS

                                             Market Leader should
                                             normally look to grow
                                                 the market



                       Market Growth                                            Brand Share



       Current Users                   Triallists               Current Users                  Triallists



  Branding      U.S.P.         Branding             U.S.P.   Branding      U.S.P.        Branding           U.S.P.




  Will join the category                       Currently your                     Be honest if no real USP
from next most attractive                   competitors’ customers                    and make your
        alternative                                                                  branding strong!
VS
MARKET
                        GROWTH


     Current Users               TRIALISTS



                                             U.S.P.
Branding       U.S.P.      BRANDING
MARKET
                        GROWTH


     Current Users               TRIALISTS



                                             U.S.P.
Branding       U.S.P.      BRANDING
MARKET
                        GROWTH


     Current Users               TRIALISTS



                                             U.S.P.
Branding       U.S.P.      BRANDING
MARKET
                        GROWTH


     Current Users               TRIALISTS



                                             U.S.P.
Branding       U.S.P.      BRANDING
BRAND SHARE



     Current Users                    TRIALISTS



                                                  U.S.P.
Branding       U.S.P.        BRANDING
BRAND SHARE



     Current Users                    TRIALISTS



                                                  U.S.P.
Branding       U.S.P.        BRANDING
BRAND SHARE



     Current Users                    TRIALISTS



                                                  U.S.P.
Branding       U.S.P.        BRANDING
BRAND SHARE



     Current Users                TRIALISTS



Branding       U.S.P.        BRANDING         U.S.P.
BRAND SHARE



     Current Users                TRIALISTS



Branding       U.S.P.        BRANDING         U.S.P.
BRAND SHARE



     Current Users                TRIALISTS



Branding       U.S.P.        BRANDING         U.S.P.
BRAND SHARE



     Current Users                TRIALISTS



Branding       U.S.P.        BRANDING         U.S.P.
MARKET
                     GROWTH


      CURRENT                 TRIALISTS
       USERS


                                          U.S.P.
BRANDING    U.S.P.     BRANDING
MARKET
                     GROWTH


      CURRENT                 TRIALISTS
       USERS


                                          U.S.P.
BRANDING    U.S.P.     BRANDING
MARKET
                     GROWTH


      CURRENT                 TRIALISTS
       USERS


                                          U.S.P.
BRANDING    U.S.P.     BRANDING
MARKET
                     GROWTH


      CURRENT                 TRIALISTS
       USERS


                                          U.S.P.
BRANDING    U.S.P.     BRANDING
C OMPE TITIVE EN VIRONMENT
WHY YOU NEED IT                             OUR EXAMPLE:
AND HOW TO USE IT
COMPETITION IS
                                            CATEGORY: COACHED MARKETING SERVICES
                                            MAIN COMPETITORS:                                                                                 I N S P I R AT I O N
GETTING TOUGHER!                                  COMPETITOR           PRIORITY                         STRENGTHS                                 YOU WANT TO BE
                                                                                  Established and entrenched relationships;

                                                                                                                                              MORE RELEVANT
                                            Traditional Creative
Knowing your competitors' key strengths                                   1       opportunities to swim upstream, killer polish on
                                            Agencies (Do It For Me)
and weaknesses is not only a great place                                          production, breadth of production
to learn and find business growth - it’s                                          Reputation, inflated price-point is seen as an indicator

                                                                                                                                               TO A SMALLER
                                            Brand Consultants
crucial in how you differentiate your                                     2       of quality and credibility through associations with big
                                            (Do It For Me)
business.                                                                         brands


                                                                                                                                             NUMBER OF PEOPLE
                                            Seminars, Speakers,                   Low price points, seen as experts often without real
Without a differentiating factor there                                    3
                                            Coaches (Do It With Me)               experience, focused, high profile
really is no reason for your customers
                                            In-house, Books, Digital
to spend money with you, instead of with                                  4       Cost effective
                                            Support (Do It Yourself)
your competitors.                                                                                                                                 MASSAGE THERAPIST
You’ll also want to have a look at the                                                                                                                     VS
environment in which you’re operating in.
Knowing what trends will impact your
                                            OUTSIDE THREATS:                                       TRENDS                                      SPORTS MASSAGE THERAPIST
category, and what the threats are, can            US/OS based effective online                             Increasing competition                         VS
help future-proof your business.                   tutorials/webinars (Google)                              and pressure on margins
                                                                                                                                                 PERFORMANCE ATHLETE
                                                   Business coaches: Brad Sugars/
                                                   Rogen International
                                                                                                            Growing numbers of                   REHABILITATIVE MASSAGE
                                                                                                            small businesses




                                                                                                                                             RESOURCES &    www.google.com/trends

                                                                                                                                             REFERENCES     www.google.com/press/zeitgeist

                                                                                                                                                            www.trendspotting.com

                                                                                                                                                            www.trendwatching.com

                                                                                                                                                            www.fastflip.googlelabs.com

                                                                                                                                                            www.springwise.com

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Competitive Environment Analysis

  • 1. Competitive Environment Marketplace, Competitors, Outside Threats and Trends Coraggio C1 1:30 - 4:15 Friday 12th Aug, 2011
  • 2. Agenda 1:30 - 1:50 Stimulation Keynote (outside scope) 1:50 - 3:00 Working session covering Market place, Competitors, Outside Threats and Trends  3:00 - 3:15 Break  3:15 - 4:15 Stump the Strategist session. Your chewiest marketing challenge solved live in 9 minutes.   Link to me on LinkedIn (Ashton Bishop) and you can download this presentation
  • 3. WHICH WAY IS THE GIRL SPINNING?
  • 4. Competitor Checklist Measure w hat’ s right, not just what’s Look for op e asy portunities , not just ev Use the rig idence ht tools Think broad ly, act narr owly - bring it ba ck to grow th Think 1000 days
  • 5. YOUR MARKET? Defining your market is the most important business shaping decision you can make
  • 6. YOUR MARKET? Narrow or wide definition Defining your market is the most important business shaping decision you can make
  • 7. YOUR MARKET? Defines Narrow or wide competitors definition Defining your market is the most important business shaping decision you can make
  • 8. YOUR MARKET? Defines Narrow or wide competitors Defines definition customers Defining your market is the most important business shaping decision you can make
  • 9. YOUR MARKET? Defines Narrow or wide competitors Defines definition customers Defining your market is the most important business shaping decision you can make Determines your position in that category
  • 10. YOUR MARKET? Defines Narrow or wide competitors Defines definition customers Defining your market is the most important business shaping decision you can make Determines your Determines your strategy for position in that growth category
  • 12. YOUR MARKET? - Most wanted man in the world?
  • 13. YOUR MARKET? - Most wanted man in - First solo trans-pacific air the world? crossing?
  • 14. YOUR MARKET? - Most wanted man in - First solo trans-pacific air - First man on the world? crossing? the moon?
  • 15. YOUR MARKET? - Most wanted man in - First solo trans-pacific air - First man on - Highest mountain in the world? crossing? the moon? Australia?
  • 16. YOUR MARKET? - Most wanted man in - First solo trans-pacific air - First man on - Highest mountain in the world? crossing? the moon? Australia? Who remembers number 2?
  • 17. YOUR MARKET? - Most wanted man in - First solo trans-pacific air - First man on - Highest mountain in the world? crossing? the moon? Australia? Who remembers number 2? BE A MARKET LEADER IN A SMALLER MARKET
  • 19. For a SWOT analysis, conduct one for yourself and one for key competitors.
  • 20. STRENGTHS For a SWOT analysis, conduct one for yourself and one for key competitors.
  • 21. STRENGTHS WEAKNESSES For a SWOT analysis, conduct one for yourself and one for key competitors.
  • 22. STRENGTHS WEAKNESSES OPPORTUNITIES For a SWOT analysis, conduct one for yourself and one for key competitors.
  • 23. STRENGTHS WEAKNESSES OPPORTUNITIES THREATS For a SWOT analysis, conduct one for yourself and one for key competitors.
  • 24. COMPETITIVE MAPPING Noun = Name Verb = Action
  • 25. COMPETITIVE MAPPING Direct Competitors same noun/verb Noun = Name Verb = Action
  • 26. COMPETITIVE MAPPING Direct Competitors same noun/verb Alternative Substitute same noun/ different noun/ different verb same verb Noun = Name Verb = Action
  • 27. COMPETITIVE MAPPING Direct Competitors same noun/verb Alternative Substitute same noun/ different noun/ different verb same verb Noun = Name Verb = Action Economic different noun/verb
  • 28. GJC COMPETITIVE MAPPING Direct Competitors same noun/verb “Espresso Coffee” Starbucks McCafe Coffee Club Michel’s Local cafe Alternative Caffeine soft drink Substitute same noun/ Instant coffee Tea different noun/ different verb same verb Filtered coffee Easy Way “Quick Coffee” snacks “Caffeine Hit” “bubble drinks” soft drinks better lunch petrol cigarettes “Cash Noun = Name Takers” Verb = Action Economic different noun/verb
  • 30. INNOVATIVE ENTRANT MODELLING ENTRANT 1 ENTRANT 2 ENTRANT 3 ENTRANT 4
  • 31. INNOVATIVE ENTRANT MODELLING ENTRANT 1 ENTRANT 2 ENTRANT 3 ENTRANT 4
  • 35. FUTURES TUNNEL Future considerations Current impacts Historical forces
  • 36. Trends research What’s the future looking like?
  • 37. The Future When working with a futurist they would generally ask you to look at 3 different futures.
  • 38. PROBABLE What’s most likely to happen in the next 10 years? The Future When working with a futurist they would generally ask you to look at 3 different futures.
  • 39. PROBABLE What’s most likely to happen in the next 10 years? The Future PR EF ER RE D What would we like to happen? And how can we help this eventuate? When working with a futurist they would generally ask you to look at 3 different futures.
  • 40. PROBABLE What might happen in the next 10 years ? What’s most likely to happen in the next 10 years? The Future PR EF E ER S IBL RE POS D What would we like to happen? And how can we help this eventuate? When working with a futurist they would generally ask you to look at 3 different futures.
  • 41. BINARY ANALYSIS How to make sure every $ you spend on marketing only works for you The Law of Selling by Dave Trott
  • 42. BINARY ANALYSIS Where’s the growth? • Net sum game – More ads ≠ more money to spend You can only get: OR
  • 43. BINARY ANALYSIS Where’s the growth? • Net sum game – More ads ≠ more money to spend You can only get: 1. New people to use your product – $ entering the category OR – $ switched from your competitor
  • 44. BINARY ANALYSIS Where’s the growth? • Net sum game – More ads ≠ more money to spend You can only get: 1. New people to use 2. Existing customers your product – use more – $ entering the (frequency) category OR – pay more (up-sell, – $ switched from x-sell, premium) your competitor
  • 48. BINARY ANALYSIS Market Growth Brand Share Current Users Triallists Current Users Triallists
  • 49. BINARY ANALYSIS Market Growth Brand Share Current Users Triallists Current Users Triallists
  • 50. BINARY ANALYSIS Market Growth Brand Share Current Users Triallists Current Users Triallists Branding U.S.P. Branding U.S.P. Branding U.S.P. Branding U.S.P.
  • 51. BINARY ANALYSIS Market Leader should normally look to grow the market Market Growth Brand Share Current Users Triallists Current Users Triallists Branding U.S.P. Branding U.S.P. Branding U.S.P. Branding U.S.P.
  • 52. BINARY ANALYSIS Market Leader should normally look to grow the market Market Growth Brand Share Current Users Triallists Current Users Triallists Branding U.S.P. Branding U.S.P. Branding U.S.P. Branding U.S.P. Will join the category from next most attractive alternative
  • 53. BINARY ANALYSIS Market Leader should normally look to grow the market Market Growth Brand Share Current Users Triallists Current Users Triallists Branding U.S.P. Branding U.S.P. Branding U.S.P. Branding U.S.P. Will join the category Currently your from next most attractive competitors’ customers alternative
  • 54. BINARY ANALYSIS Market Leader should normally look to grow the market Market Growth Brand Share Current Users Triallists Current Users Triallists Branding U.S.P. Branding U.S.P. Branding U.S.P. Branding U.S.P. Will join the category Currently your Be honest if no real USP from next most attractive competitors’ customers and make your alternative branding strong!
  • 55. VS
  • 56. MARKET GROWTH Current Users TRIALISTS U.S.P. Branding U.S.P. BRANDING
  • 57. MARKET GROWTH Current Users TRIALISTS U.S.P. Branding U.S.P. BRANDING
  • 58.
  • 59. MARKET GROWTH Current Users TRIALISTS U.S.P. Branding U.S.P. BRANDING
  • 60. MARKET GROWTH Current Users TRIALISTS U.S.P. Branding U.S.P. BRANDING
  • 61. BRAND SHARE Current Users TRIALISTS U.S.P. Branding U.S.P. BRANDING
  • 62. BRAND SHARE Current Users TRIALISTS U.S.P. Branding U.S.P. BRANDING
  • 63. BRAND SHARE Current Users TRIALISTS U.S.P. Branding U.S.P. BRANDING
  • 64.
  • 65. BRAND SHARE Current Users TRIALISTS Branding U.S.P. BRANDING U.S.P.
  • 66. BRAND SHARE Current Users TRIALISTS Branding U.S.P. BRANDING U.S.P.
  • 67. BRAND SHARE Current Users TRIALISTS Branding U.S.P. BRANDING U.S.P.
  • 68. BRAND SHARE Current Users TRIALISTS Branding U.S.P. BRANDING U.S.P.
  • 69.
  • 70. MARKET GROWTH CURRENT TRIALISTS USERS U.S.P. BRANDING U.S.P. BRANDING
  • 71. MARKET GROWTH CURRENT TRIALISTS USERS U.S.P. BRANDING U.S.P. BRANDING
  • 72. MARKET GROWTH CURRENT TRIALISTS USERS U.S.P. BRANDING U.S.P. BRANDING
  • 73. MARKET GROWTH CURRENT TRIALISTS USERS U.S.P. BRANDING U.S.P. BRANDING
  • 74. C OMPE TITIVE EN VIRONMENT WHY YOU NEED IT OUR EXAMPLE: AND HOW TO USE IT COMPETITION IS CATEGORY: COACHED MARKETING SERVICES MAIN COMPETITORS: I N S P I R AT I O N GETTING TOUGHER! COMPETITOR PRIORITY STRENGTHS YOU WANT TO BE Established and entrenched relationships; MORE RELEVANT Traditional Creative Knowing your competitors' key strengths 1 opportunities to swim upstream, killer polish on Agencies (Do It For Me) and weaknesses is not only a great place production, breadth of production to learn and find business growth - it’s Reputation, inflated price-point is seen as an indicator TO A SMALLER Brand Consultants crucial in how you differentiate your 2 of quality and credibility through associations with big (Do It For Me) business. brands NUMBER OF PEOPLE Seminars, Speakers, Low price points, seen as experts often without real Without a differentiating factor there 3 Coaches (Do It With Me) experience, focused, high profile really is no reason for your customers In-house, Books, Digital to spend money with you, instead of with 4 Cost effective Support (Do It Yourself) your competitors. MASSAGE THERAPIST You’ll also want to have a look at the VS environment in which you’re operating in. Knowing what trends will impact your OUTSIDE THREATS: TRENDS SPORTS MASSAGE THERAPIST category, and what the threats are, can US/OS based effective online Increasing competition VS help future-proof your business. tutorials/webinars (Google) and pressure on margins PERFORMANCE ATHLETE Business coaches: Brad Sugars/ Rogen International Growing numbers of REHABILITATIVE MASSAGE small businesses RESOURCES & www.google.com/trends REFERENCES www.google.com/press/zeitgeist www.trendspotting.com www.trendwatching.com www.fastflip.googlelabs.com www.springwise.com

Editor's Notes

  1. \n
  2. \n
  3. Clockwise is right hand side of brain - left handed, creative\nAnti-clockwise is left side of brain - rational, logical\n
  4. \n
  5. Seems obvious - but often it isn’t if you’re a small player. \nYou need to think, you need to define your niche to stop yourself getting lost or swallowed up!\n
  6. Seems obvious - but often it isn’t if you’re a small player. \nYou need to think, you need to define your niche to stop yourself getting lost or swallowed up!\n
  7. Seems obvious - but often it isn’t if you’re a small player. \nYou need to think, you need to define your niche to stop yourself getting lost or swallowed up!\n
  8. Seems obvious - but often it isn’t if you’re a small player. \nYou need to think, you need to define your niche to stop yourself getting lost or swallowed up!\n
  9. Seems obvious - but often it isn’t if you’re a small player. \nYou need to think, you need to define your niche to stop yourself getting lost or swallowed up!\n
  10. Neil Armstrong\nBuzz Aldrin\nCharles Pete Conrad\n--------\nCharles Kingford Smith\nSecond? \n----\nMount Kosciuszko (2,228 m) — highest mountain in mainland Australia — New South Wales\nMount Kosciuszko 2228\nMount Townsend 2209\nMount Twynam 2195\nMawson Peak is a peak on Heard Island, an Australian territory in the Southern Ocean\nMawson Peak (2,745 m) — Highest peak in any state or territory of Australia\n
  11. Neil Armstrong\nBuzz Aldrin\nCharles Pete Conrad\n--------\nCharles Kingford Smith\nSecond? \n----\nMount Kosciuszko (2,228 m) — highest mountain in mainland Australia — New South Wales\nMount Kosciuszko 2228\nMount Townsend 2209\nMount Twynam 2195\nMawson Peak is a peak on Heard Island, an Australian territory in the Southern Ocean\nMawson Peak (2,745 m) — Highest peak in any state or territory of Australia\n
  12. Neil Armstrong\nBuzz Aldrin\nCharles Pete Conrad\n--------\nCharles Kingford Smith\nSecond? \n----\nMount Kosciuszko (2,228 m) — highest mountain in mainland Australia — New South Wales\nMount Kosciuszko 2228\nMount Townsend 2209\nMount Twynam 2195\nMawson Peak is a peak on Heard Island, an Australian territory in the Southern Ocean\nMawson Peak (2,745 m) — Highest peak in any state or territory of Australia\n
  13. Neil Armstrong\nBuzz Aldrin\nCharles Pete Conrad\n--------\nCharles Kingford Smith\nSecond? \n----\nMount Kosciuszko (2,228 m) — highest mountain in mainland Australia — New South Wales\nMount Kosciuszko 2228\nMount Townsend 2209\nMount Twynam 2195\nMawson Peak is a peak on Heard Island, an Australian territory in the Southern Ocean\nMawson Peak (2,745 m) — Highest peak in any state or territory of Australia\n
  14. Neil Armstrong\nBuzz Aldrin\nCharles Pete Conrad\n--------\nCharles Kingford Smith\nSecond? \n----\nMount Kosciuszko (2,228 m) — highest mountain in mainland Australia — New South Wales\nMount Kosciuszko 2228\nMount Townsend 2209\nMount Twynam 2195\nMawson Peak is a peak on Heard Island, an Australian territory in the Southern Ocean\nMawson Peak (2,745 m) — Highest peak in any state or territory of Australia\n
  15. Neil Armstrong\nBuzz Aldrin\nCharles Pete Conrad\n--------\nCharles Kingford Smith\nSecond? \n----\nMount Kosciuszko (2,228 m) — highest mountain in mainland Australia — New South Wales\nMount Kosciuszko 2228\nMount Townsend 2209\nMount Twynam 2195\nMawson Peak is a peak on Heard Island, an Australian territory in the Southern Ocean\nMawson Peak (2,745 m) — Highest peak in any state or territory of Australia\n
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  29. \n
  30. Often a brands strength or weakness only shows up in the light of a truly strong competitor. Thinking about what a truly innovative brand might do if they entered your market may give you a chance to pre-emptively defend against not only your current competitors but broader competitive set. How to use this tool is you pick an entrant, given their brand what would they do if they entered the market, does this give you any ideas or opportunities. Repeat for 4 entrants.\n\n
  31. Often a brands strength or weakness only shows up in the light of a truly strong competitor. Thinking about what a truly innovative brand might do if they entered your market may give you a chance to pre-emptively defend against not only your current competitors but broader competitive set. How to use this tool is you pick an entrant, given their brand what would they do if they entered the market, does this give you any ideas or opportunities. Repeat for 4 entrants.\n\n
  32. Often a brands strength or weakness only shows up in the light of a truly strong competitor. Thinking about what a truly innovative brand might do if they entered your market may give you a chance to pre-emptively defend against not only your current competitors but broader competitive set. How to use this tool is you pick an entrant, given their brand what would they do if they entered the market, does this give you any ideas or opportunities. Repeat for 4 entrants.\n\n
  33. Often a brands strength or weakness only shows up in the light of a truly strong competitor. Thinking about what a truly innovative brand might do if they entered your market may give you a chance to pre-emptively defend against not only your current competitors but broader competitive set. How to use this tool is you pick an entrant, given their brand what would they do if they entered the market, does this give you any ideas or opportunities. Repeat for 4 entrants.\n\n
  34. Often a brands strength or weakness only shows up in the light of a truly strong competitor. Thinking about what a truly innovative brand might do if they entered your market may give you a chance to pre-emptively defend against not only your current competitors but broader competitive set. How to use this tool is you pick an entrant, given their brand what would they do if they entered the market, does this give you any ideas or opportunities. Repeat for 4 entrants.\n\n
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  48. Only want to grow the market if you’re market leader. If a challenger grows the market they ‘give away’ a disproportionate share and strengthen the leader’s position. \n
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  67. \n
  68. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  69. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  70. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  71. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  72. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  73. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  74. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  75. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  76. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  77. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  78. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  79. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  80. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  81. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  82. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  83. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  84. 1. Coke started the cola boom with branding and rapidly grew the market. \n2. Pepsi came in and tried to do the same thing, but just drove Coke’s share\n3. Meanwhile Coke tried to attack Pepsi with ‘the real thing’ \n4. Pepsi changed tact and took Coke’s share with the ‘Pepsi challenge’ \n5. Coke then went back to growing the market with, ‘I want to but the world a coke’. As everyone had tried, they focused on current users. \n
  85. \n