Your Real Competition Is Perception
When it comes to true competitors most small businesses don’t really have any. I suspect you don’t spend much time hanging around waiting for your prospects to compare bids. (If you do, that’s another issue.)
Here’s my belief. I don’t think that any two businesses, regardless of the products or services they offer, are the same. In that regard no one can offer what you offer, not exactly. No one can compete with what you do, not exactly.
So, here’s the real problem. Your prospects don’t know what you have to offer that is unique so they perceive that your business is pretty much like everyone else that says they do what you do. And that’s your real competitor.
One of the most critical marketing chores your small business has is to find something that makes you unique, something that a market values, something that no one else offers and make it your defining marketing element.
Think – package a service, focus on a niche, promote in an attention getting manner, free shipping, unique pricing model, attention to an important detail.
Make your unique point of difference small and simple. Don’t try to accomplish something so grand that you must spend great amounts of time explaining why it’s a benefit
You are simply trying to find, manage and communicate perception. I have found that the best way to discover what makes you unique is to ask your existing clients. You may be amazed to discover their perception of what you have to offer of value is slightly different from what you think it is.
Quite often, your clients will value the little things. That’s where you need to focus your marketing attention – it’s the little things that allow you to manage your firm’s perception.
Do that and you will never have competition.
Order your copy of
The Self-Reliant Entrepreneur
by John Jantsch
“A book that deserves a spot in every entrepreneur’s morning routine.”
—Ryan Holiday, #1 Bestselling Author of The Daily Stoic and The Obstacle is the Way