Chapter Four: Exploit Your Competition's Weaknesses Flashcards
Competitor analysis: Learn to expect a ___________________ from your competition and craft your marketing campaign and corresponding copy in ways that consider this reaction.
response
Two schools of thought
First school: Never mention competitors by name.*
Second school: Mentioning competitors does not negatively impact effectiveness.
*preferred
Quantify your differentiators
List of differentiators:
*Selection
*Price
*Store hours
*Customer service hours
*Delivery hours
*Delivery rates
*Parking availability
*Location
Let Expert Opinions Work for You
Expert opinions/customer testimonials from anonymous sources often meaningless; can differentiate through published reports
Soft differentiator
“Great cheese comes from happy cows, and happy cows come from California.”
Competitive Differentiator
“Kids Taste Juice is made with 20% less sugar than similar juices. Your kids don’t need that extra sugar. You can feel good about giving them the healthier juice when you pour a glass of Kids Taste Juice.”
Competitive Differentiator
“Unlike other exterminators who only stand behind their work for three months, we’ll guarantee you won’t see another bug for the next six months.”
Competitive Differentiator
“You’ll spend up to $100 for delivery and installation at other appliance stores, but when you shop at Everything Appliances, you can keep that money in your pocket because all deliveries are free.”
Competitive Differentiator
“Make your next pit stop at Jose’s Gas Station–guaranteed to be as clean as your own home (even the bathrooms).”
Competitive Differentiator + Emotional Appeal
Johnson’s “No more tears.”