Wednesday, March 28, 2012

Ignorance or Direct Competition

Think about your competition ... is your competition ignorance or direct?

If my service or product is something no one knows about, then I have the challenge of educating them about my brand and my service/product ... and that can be a challenge! They are ignorant!

If my service or product is something everyone knows about, then my competition is direct. So I have to sell them on what makes me special along with possibly educating them. They are definitely not ignorant!

The two are very different. It's important we address this question in your video advertising project!

Wednesday, March 7, 2012

Competition

Have you conducted research on your competition? How much do you really know about them? Check the internet, make some phone calls, ask around! An important component of your marketing plan should revolve around your competition.

So your homework for this post is to describe your competition.

There is more to come on competition in the next few posts ... so get to know all about your competitors!