Marketing Trends – Cheap or Best

This is the sixth in a series of 14 marketing trends adapted from Seth Godin’s book Meatball Sundae.

Two Marketing Choices

In the Old Marketing there was plenty of average products selling for average prices. Beige, beige or beige.

In the New Marketing, everything has splintered into two groups: the cheapest or the best.

Either your customers care about your product type or they don’t. For instance, there are wine lovers and people who drink almost anything; there are audiophiles and people who simply listen to music; gadgets gurus (we all know one of those) and people that just want the basics.

If a consumer wants the best they’ll research it. If they don’t care they’ll take the cheapest and easiest option.

Are you going to be the cheapest or the best in your area?

[Tweet “Now there are only two market positions: cheapest or best #marketingtrends”]

Source

This is from the Book Rapper issue Marketing How-Now that is derived from Seth Godin’s brilliant book Meatball Sundae.

 

Geoff McDonald

Share
Published by
Geoff McDonald

Recent Posts

What Designers Notice with Philippe Guichard

What do designers notice that other people miss? When Industrial Designer Philippe Guichard walks into…

1 day ago

Your Experience Has a Use-By Date with Mark Molony

A few days after my first conversation with mindfulness teacher Mark Molony, he contacted me…

1 week ago

Experience is Just a Memory with Mark Molony

We often talk about learning from experience. But what if experience isn't what we think it…

2 weeks ago

What if Your Experience is Outdated With Mark Molony

You've spent years building your experience. But what if some of it is quietly becoming less…

2 weeks ago

On Experience – Why This Conversation Exists

For most of my career, I’ve been wrestling with the same question: How do you…

3 weeks ago

When Experience Works Against You with Mark Molony

When Mark Molony walked into his first day as a social worker, he thought his…

3 weeks ago