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Book Summary
The game of marketing is all about the perception of a business, brand, or product.
Companies, however, fail to always see this. They will spend millions and millions of dollars trying to vamp an old product when instead all they really had to do was change people’s perspectives about the product!
“Marketing is a battle of perceptions, not products.”
― Al Ries
In, “The 22 Immutable Laws of Marketing,” by Al Ries and Jack Trout, you will learn how to use marketing as a tool to change people’s perspectives in order to make your competitor look weak and to make your brand strong.
Your company’s success depends on how fast you can get your product to the market. To do this, you must make a very good first impression.
To make an impression on the market, you must get creative. You must make your product seem different from other products that are out there. This will make it seem like an innovative product, even if it’s not! Perception is everything!
When your product is the ‘first’ of its kind, it will automatically be a market leader.
And, when a company is a market leader, it will automatically come to a customer’s mind when they think of that market.
When you are the leader of the market, you have a definite advantage because a customer’s mind is hard to change once it has made a decision. But, why is this?
“You want to change something on a computer? Just type over or delete the existing material. Do you want to change something in a mind? Forget it.”
― Al Ries
It’s because brands have such high recognition when they are the first. For example, Purell is a known hand-sanitizer, just like Kleenex is a known tissue brand. Oftentimes, people will ask for the name brand, rather than the product.
Having a catchy name brand is important too! Think Apple or Google. They are short and sweet.
So, if it’s impossible for you to be a leader in an already established market, then create your own!
When you create a new category, you will be first in the category automatically, so you are giving yourself the upper-hand.
And, by starting your own category, you will eliminate potential competition, at least until people start to infiltrate your new category.
If you do not want to create your own category but join an existing one, use the Law of the Opposite to your advantage. This law states that you should look at the leader in the market, observe their strengths, and make them come off as weaknesses.
While doing that you must also paint the positives of your company in comparison to the market leader.
A good company logo will do wonders for your business.
For example, Google owns the word “google”. It is not just the name of their brand, it is now an adjective people use when they go to search something on the internet.
Use the Law of Focus to get a customer to buy your product by...
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