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How to Differentiate Your Product or Service in a Highly Competitive Market | Ep. #285
FromMarketing School - Digital Marketing and Online Marketing Tips
How to Differentiate Your Product or Service in a Highly Competitive Market | Ep. #285
FromMarketing School - Digital Marketing and Online Marketing Tips
ratings:
Length:
7 minutes
Released:
May 12, 2017
Format:
Podcast episode
Description
In Episode #285, Eric and Neil discuss how to differentiate your product or service in a highly competitive market. Tune in to find out the 2 main strategies that will set you apart from the rest and the importance of having a product that is user-friendly. Time Stamped Show Notes: 00:27 – Today’s topic: How to Differentiate Your Product or Service in a Highly Competitive Market 00:40 – Eric’s agency charges more than their competitors but there’s a reason for that 00:50 – Other agencies charge less and will hand your account to juniors who don’t know what they’re doing and are still figuring things out 01:11 – You end up losing money 01:22 – All of Eric’s people who work with an account have a couple of years’ experience 01:29 – Eric gives access to 3 channels: AdWords and Facebook are two of the channels 01:37 – Eric himself strategizes for the accounts 01:43 – Eric’s agency is different because they bring new ideas 02:04 – Two main strategies of Neil’s are creating a unique angle and adjusting your messaging 02:10 – For creating a unique angle, you choose between Neil’s agency and a big marketing agency who usually hires new graduates 02:46 – Do you want to trust your account with a new graduate or with a small boutique agency where you can work directly with the owner 03:35 – Figuring out a specific angle is the “easiest way to differentiate” 03:45 – You don’t always have to differentiate by changing your product, it’s just about how you pitch it to the consumers 04:06 – AirBnb gives you the opportunity to make money from your home versus HomeAway’s vacation rentals 04:54 – How would you differentiate a product? 05:00 – Neil’s Crazy Egg may not have all the features that everyone has, but it’s easy to use and it’s accurate 05:09 – Crazy Egg is easier to use than Hotjar 05:27 – Neil’s market loves Crazy Egg 05:35 – Marketing School is giving away a free 1 year annual subscription to Mixmax, a sales and marketing tool 05:52 – Subscribe, rate and review Marketing School 05:57 – Text MARKETINGSCHOOL to 33444 06:19 – That’s it for today’s episode! 3 Key Points: Offer your service in the way you’d use it yourself. Adjust your pitch to your consumers so that it is appealing and comprehensible. Try to create a better product than your competitors by making your product user-friendly. Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu
Released:
May 12, 2017
Format:
Podcast episode
Titles in the series (100)
How to Get People to Open Your Emails | Ep. #18: In Episode #18 Eric and Neil talk about how to get people to open up your emails. They’ll teach you how to up your open rates and avoid the spam folder. Time Stamped Show Notes: 00:25 – How to get more people to open up your email. 00:50 –... by Marketing School - Digital Marketing and Online Marketing Tips