Positioning with April Dunford

Using Trends To Enhance Your Positioning

13 snips
Nov 2, 2023
Learn how trends can enhance your positioning strategies in this podcast. Discover the difference between markets and trends, how to layer trends on top of your differentiated value, and why chasing irrelevant trends is risky. Real-world examples of successful and poor trend incorporations are shared. The overview of AI technology and the right way to address it in your business are also discussed.
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INSIGHT

Markets vs Trends Clarified

  • Markets and trends are fundamentally different concepts; markets are solution categories, trends are cross-market phenomena.
  • Applying trends to products can make offerings feel current without changing their fundamental market positioning.
ADVICE

Layer Trends to Show "Why Now"

  • Layer trends on top of your differentiated value to answer "why now?" without changing your core positioning.
  • This approach can make your product feel relevant and exciting during current market shifts.
ANECDOTE

Redgate Software's DevOps Win

  • Redgate Software used the DevOps trend by creating 'Database DevOps', connecting their database tools to a hot market initiative.
  • This innovation boosted their inbound leads a hundredfold and increased revenue without changing core product positioning.
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