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I've been massively nerding out on competitive strategy these past years. There's a lot that goes on there, and a lot of theory/background one should know to have a full picture. Here's a great, simplified way to think about competitive strategy. A
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Our group of companies -
@CXLdotcom,@Speero_agency and@wynter_com will turn 10 this fall. It's been a wild journey. So many changes, so many learnings. And only getting started. Our original name was Markitekt (mother company). This was the website we launched with 10 yrs ago.pic.twitter.com/SlGYJO3CQXBedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
Did you know I started a product marketing podcast on
@SharebirdInc? Talking to product marketing leaders about messaging, storytelling and taking a stand. Episodes up with@sauvageju and@Marcus_Andrews. Today dropping episode 3! Follow herehttps://sharebird.com/shows/taking-a-stand-point-of-view-marketing …Bedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
Pe:p Laja heeft geretweet
Learn how to build a global brand, without a global budget with
@philnottingham.
https://cxl.com/webinar/brand-building-on-budget/ …pic.twitter.com/RZeT3Jtln1Bedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
Pe:p Laja heeft geretweet
https://youtu.be/lZm_kgh7heo via
@YouTube What is@wynter_com? In this highlight from the latest#MastersofSaaS episode,@peeplaja explains it in his own words! Watch below
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"If you give a good idea to a mediocre team, they will screw it up; if you give a mediocre idea to a great team, they will either fix it or throw it away and come up with something that works." - Ed Catmull
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Features vs benefits. People *do* look for specific features. Dumbing everything down to final benefits leaves every company saying "peace of mind" or "make more money". How do you balance storytelling and features? Here's how
@sauvageju from@Gong_io thinks about it.pic.twitter.com/NJ8IhNLboEBedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
Spot on. Why try to find mutually convenient times and drag the hiring process along if you could do it via Loom etc. Would dramatically speed up the process.https://twitter.com/elawless/status/1419026252002779136 …
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These days you have so many channels - social, ads, email, sales, PR, website, blog, etc etc. If different teams are running each thing, how do you make sure the same story is told?
@_danieljmurphy explains how they do it at@privypic.twitter.com/HjNQj8Bd9UBedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
Smart analysis. "Sacred cows will – must – be slaughtered if the bet is to be won."https://twitter.com/markritson/status/1418512594902523909 …
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All too often companies are selling to everyone. It's hard to say "no" to money. But if your company is targeting all revenues indiscriminately, it's difficult to innovate on customer value at high speed.
@Privy is very specific on whom they sell to.@_danieljmurphy explains.pic.twitter.com/Jc4IBmo9MLBedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
If you're looking for a new perspective on getting more organized, get this book. A good deal right nowhttps://twitter.com/kadavy/status/1417482485613608967 …
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Pe:p Laja heeft geretweet
We just had
@peeplaja on the The Recognized Authority podcast talking about how to grow a consulting firm into a business empire. Check it out here: https://therecognizedauthority.com/grow-a-consulting-firm-into-a-business-empire/ …#authoritymarketing#podcast#TheRecognizedAuthority#TRApodcastBedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
Best practices should be where you start, not where you end up.https://twitter.com/DemandCurves/status/1417441194284666883 …
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If you want to learn the problems your customers have, conduct jobs-to-be-done research. To discover usability issues, run user testing. To learn how to improve your product, do user research. To land more customers, conduct message testing to improve your marketing.
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Over time, competitors will become more similar... eventually to the point of sameness. Constant comparison and benchmarking lead to conformity. You gravitate towards what you focus on. Focus less on the competition and more on original thinking.
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If any of the new stuff you ship is what the market wants, others will copy you. It's just a matter of time. It's wise to build moats around your stuff, so it's harder to copy. Here's how
@tgrominsky is thinking about moats for@Unbounce.pic.twitter.com/Fow2Mb80SkBedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
When
@unbounce found themselves in a commoditized category, they decided to double down on a particular target market AND new tech. How did those decisions impact how they run their business?@tgrominsky explainspic.twitter.com/92ZrRqJ9NjBedankt, Twitter gebruikt dit om je tijdlijn te verbeteren. Ongedaan makenOngedaan maken -
The ROI of research comes from acting on the insights. Research alone is just cost. Need data to insights to action.
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"Plans are useless, but planning is indispensable" As we've all seen, annual plans are regularly diverted from or ignored. Often it's because companies learn what works in practice, and stop caring what should be done on paper.
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Too many folks spend years searching for simplicity, certainty, binary advice. Do this, don't do that. Oversimplification and reductionism is peddled by scam-experts who like to paint the world in monochrome. In reality, there are no one-size-fits-all models or solutions.
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