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Refuse to Believe and be Set Free!

Posted by Frank Belzer on Sun, Dec 05, 2010 @ 05:32 PM
  
  
  

Whenever I travel I make it a point to make my way through a good book. This week I am in Kuala Lumpur and as you can imagine the long flight to Malaysia, the layovers and delays mean that now I will probably be reading more than a few. I picked up a great book for this journey - Blue Ocean Strategy by W. Chan Kim and Renee Mauborgne and I highly recomend it.

The book emphasizes that too often companies fight for the same business, with the same competitors year after year and this results in depleted margins, commodotization of their products or services and a lack of innovation. Great companies look for spaces where they can compete "alone". They do this by redefining what is needed and what they offer, they change the game and create markets, needs, opportunity and business. Think Apple, Yellow Tail Wine and Cirque De Soleil.

I couldn't help thinking how appropriate this advice is for some of the VARs that I have been working with lately. They can either choose to compete in a saturated space or they can choose not to. They can redefine their market, their customers and their strategy and start setting the rules instead of plodding along in the paradigm of competition created by their - and here is the ironic part - their competitors.

Dave Kurlan talks about eliminating objections by refusing to believe in them or at least seeing them from a totally different perspective. What if the same is true of competitors. What if they only exist because we play by their rules and allow ourselves to fish in the same muddy pond - instead of the Blue Ocean.

History is full of examples of those that found new space and changed the dialogue forever - Newton, Columbus, Picasso, Lincoln, Elizabeth 1st etc etc...... What about your business Strategy? Is it Unique? Does it separate you? Is it Crystal clear to everyone in the organization? That is covered in the book as well and the subject of the next post.

franks_tips_for_inbound

COMMENTS

Another great example of this is Nintendo and their Wii system. After spending years getting worn down by direct competition against Sony and Microsoft, Nintendo changed the game by creating a new system that re-invented video game interfaces and thus created a whole new market all to themselves. Sony and Microsoft continued to sell to young men, while Nintendo instead sold to those mens' parents, grandparents, siblings, girlfriends, wives and children. Several years on, Sony and Microsoft are just now beginning to catch up. 
 
This is a very intriguing topic -- I'd love to hear more of your thoughts on how we can apply this thinking to our VAR businesses.

posted @ Sunday, December 05, 2010 11:28 PM by Chris Strom


I read Blue Ocean Strategy several months ago and came to the same conclusion. The future is about change, and whether you change the way the game-business-is played. I shared some thoughts about how to change the game in this post: 3 Strategic Planning Decisions to Propel Economic Recovery W3C. Hope you enjoy it.

posted @ Monday, December 06, 2010 3:30 PM by Don Metznik


Frank, it is funny, you have all brought up some great companies changing their market. Although everyone brought up good companies changing the game none other is so close to us as Hubspot and the way they are changing the landscape of marketing.  
 
Another funny thing about Hubspot's game change is that many people or my regular competitors are trying Hubspot out. Sadly though they are finding that it is a ton of work. So changing the game means serious commitment over the long haul to keep pushing things forward. 
 
This has been a serious game changer for Brandwise and our company is really growing due to this change. We are no longer focused on a local market and now service international clients. A design production shop approached me a few weeks ago about doing their strategy to develop their local presence. They are sadly lost in the past of using marketing from the 50's and 60's. It is only by casting our net wider that we have been able to find higher quality clients that really "want" our service instead of having to really sell people on why they "need" us.  
 
I will have to check out this book. Thanks for the recommendation.

posted @ Monday, December 06, 2010 4:51 PM by Dale Berkebile


Frank, I have that one on my shelf, but haven't read it yet, so I'll make a note to do so. 
 
We are currently going after the builder/remodeler market with our inbound and outbound marketing services. There are many VARS, but we have a lot of background knowledge and expertise in this area. As Hubspot continues to grow and add more partners, we see verticals as a way to separate ourselves. 
 
Great post and I'd love to hear what some of the other VARS are doing. We truly can help each other rather than compete against each other.

posted @ Friday, December 10, 2010 4:12 PM by Spencer Powell


yeh,the post refers to some industries where competition is at the higest level,where the margins are very low and the companies find it difficult to compete.In this situations the price war also come in to play,which makes it very difficult for the small companies to breath.So new oppurtunities should be explored

posted @ Saturday, May 28, 2011 1:38 PM by hobby articles


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