The best way to make news is to announce a new category, not a new product.
AL RIESGood things happen when you narrow your focus.
More Al Ries Quotes
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It normally takes decades to build a brand… It’s the forgetting of the old truth that allows a person to accept a new truth.
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It is better to have 50% of one market, instead of 10% of five markets.
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When a really new product comes along, it’s almost always a mistake to hang a well-known name on it.
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Positioning is what you do to the mind of the prospect.
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You must be willing to give up something in order to establish that unique position.
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Successful brands get into the mind slowly. A blurb in a magazine. A mention in a newspaper. A comment from a friend. A display in a retail store.
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But with a laser, you can drill a hole in a diamond or wipe out cancer.
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Customers want brands that are narrow in scope and distinguishable by a single word, the shorter the better.
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Strategy should evolve out of the mud of the marketplace, not in the antiseptic environment of an ivory tower.
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You need to allow enough time for this forgetting to take place
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The essence of positioning is sacrifice.
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Your brand’s power lies in dominance.
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What’s your brand? If you can’t answer that question about your own brand in two or three words, your brand’s in trouble.
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The reason is obvious. A well-known name got well-known because it stood for something. It occupies a position in the prospect’s mind. A really well-known name sits on the top rung of a sharply defined ladder.
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It’s better to be first in the mind than to be first in the marketplace.
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