The $100 MBA Show MBA2242 How to Use Your Competition In Your Marketing + Free Ride Friday
Competition is a good thing — if you know how to use it.
We often think it’d be great to be the only one selling what we’re selling. But if that were true, it wouldn’t be an awesome sign re: consumer demand. So instead of being afraid of the competition, let’s turn it to our advantage!
In this episode, we’ll share a few ways.
With examples from famous brands and our own businesses, we’ll explore how companies that are willing to stand side-by-side with the alternatives win. The key is to understand that a competitor is something invaluable for marketing: a basis of comparison.
Your job is simply to make that comparison an informative (and favorable) one.
Learn how different brands have done wonders for their sales by shining a light on what customers could buy instead. When you believe in your product — and more appropriately, your product’s market fit — the truth will set you free. Click Play!
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