Advanced
Media Marketing - PMG International
Find The
Hole And Fill It!
Many companies release
products, services, education with the intent of being
better than the other guy. Ever look on a
store shelf and see how many bottles of aspirin
there are? What they might do is
distribute the product with different color bottles, tag
phrases, combo remedies and so on; they are just going
for a piece of market share. Obviously companies
thought that they could release aspirin products with
marketing strategies that could take some of the
marketing share considering we're talking about millions
of dollars.
Now you go to just
about any corner of a major intersection and you will
see a minimum of 2 gas stations sometimes even 3.
Let's look at how they "fill their holes" for the
consumer.
- Gas station
one is the cheapest and only accepts cash with nor
frills; just a guy in a box taking your money.
- Gas station
two is a few more cents per gallon accepts credit
cards and even has a few snacks at their quick mart.
- Gas station
three is the most expensive, takes credit cards has
a full blown convenience store and a car wash with
complimentary air and water.
Each one of the gas
stations are going to affect the consumer based on their
needs not the quality of the gas they buy. You
need to approach your company marketing and positioning
the same way.
You need to find
the hole and fill it. Look at the companies that
are your competition and look for holes in everything
from their site design to advertising tactics.
Look for product design flaws, construction materials
etc., and develop your company and products by filling
the holes you found from your competitors products.
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