Obviously Awesome: How to Nail Product Positioning so Customers Get It, Buy It, Love It
amazon.com
Saved by Rishi and
Obviously Awesome: How to Nail Product Positioning so Customers Get It, Buy It, Love It
Saved by Rishi and
Just because your initial target market is narrow doesn’t mean you will stay narrowly focused forever.
Ideally your competitive advantage is something that is difficult for the market leader to copy, either because you own the intellectual property, or (more commonly) because trying to match your functionality might cause them damage in the broader market where they are winning.
Your market category can work for you or against you.
In this step, list all of the capabilities you have that the alternatives do not.
For consumers, a segmentation could include combinations of things such as other brands they own or like, stores they buy from, the job they hold or their music or entertainment preferences. For businesses, it could be the way they sell, other products they have invested in or the skills they have or don’t have inside their company.
Focus on your best customers and what they would identify as alternative solutions.
When customers encounter a product they have never seen before, they will look for contextual clues to help them figure out what it is, who it’s for and why they should care. Taken together, the messaging, pricing, features, branding, partners and customers create context and set the scene for the product.
The features of our product and the value they provide are only unique, interesting and valuable when a customer perceives them in relation to alternatives.
Concentrate on “consideration” rather than “retention” attributes. Consideration attributes are things that customers care about when they are evaluating whether or not to make a purchase. Every product has features that you can connect directly to a goal the customer would like to accomplish right now. Retention attributes are features that aren’t
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