22 Immutable Laws Flashcards

1
Q

Law of Leadership states that…

A

It is better to be first than it is to be better

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2
Q

Law of Category states that…

A

If you can’t be first in a category, set up a new category you can be first in

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3
Q

Law of Focus states that…

A

The most powerful concept in marketing is owning a word in the prospects mind

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4
Q

Law of Attributes states that…

A

For every attribute, there is an opposite, effective attribute

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5
Q

Law of Candor states that..

A

When you admit a negative, the prospect will give you a positive

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6
Q

Law of the Ladder states that…

A

The strategy you use depends on which rung you occupy on the ladder

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7
Q

Law of Success states that…

A

Success often leads to arrogance and arrogance leads to failure

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8
Q

Law of Failure states that…

A

Failure is to be expected and accepted

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9
Q

Law of Acceleration states that…

A

Successful programs are not built on fads, they’re built on trends

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10
Q

Law of Resources states that…

A

Without adequate funding, an idea won’t get off the ground

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11
Q

Law of the Mind states that…

A

It is better to be first in the mind, than first in the marketplace

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12
Q

Law of Hype states that…

A

The situation is often the opposite of the way it appears in the press

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13
Q

The Law of Perceptions states…

A

Marketing is not a battle of products, it’s a battle of perceptions

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14
Q

The Law of Exclusivity states that…

A

Two companies cannot own the same word in the prospects mind

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15
Q

The Law of Duality states that…

A

In the long run, every market becomes a two-horse race

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16
Q

The Law of Opposite states…

A

If you are shooting for second place, your strategy is determined by the leader

17
Q

The Law of Division states…

A

Over time a category will divide into two or more categories

18
Q

The Law of Perspective states that…

A

Marketing effects take place over an extended period of time

19
Q

The Law of Line Extension states that…

A

There’s an irresistible pressure to extend the equity of the brand

20
Q

The Law of Sacrifice states that…

A

You have to give something up in order to get something

21
Q

The Law of Singularity states that…

A

In each situation, only one move will produce substantial results

22
Q

The Law of Unpredictability states that…

A

Unless you can write your competitors plans, you can’t predict the future