Creation > Replication
Tim Beveridge
Modern Marketer | Consultant | CMO | MAICD | MAMI | MBA | B2B & B2C | Strategy | Commercial Creativity | Data | Culture | Technology | Building effective marketing operating systems.
95% of the work of great marketing is invisible. Because of this many people outside marketing look at the output of a marketing team and think it’s easy to do, or that they can replicate it. Beyond that, they think that if they replicate a competitors work, that they too will get great results. It works for them, it should work for us! Right?
The 95% of work that is invisible is obviously a heap of work. It’s not just the behind the scenes work making stuff happen, before even beginning that process, the job is to work out WHAT to do.
We all have limited time, limited resources, and a remit to have demonstrable commercial impact. In this context, figuring out WHAT to do is WAY more important than HOW to do it. Admittedly, nothing will happen without actual execution, but if you’re rushing to execution without really mapping out your options for execution and their likelihood for success, you’ll more than likely fall into the trap of executing something like your competitors, and miss the REALLY low hanging fruit that can really change the game.
Ideally, what we are looking for is the really simple and easy to execute actions that can 10x your output, or 10x your impact, without 10x-ing your effort.
Why is copying your competitor the wrong thing to do?
There are 3 main reasons why copying your competitors’ playbook isn't great:
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Ok. But can you learn from your competitors?
Yes. Absolutely. But try and reduce what they do down to first principles before plotting your course of action. What are they trying to achieve? What aspect of their target audiences’ behaviour or need-set are they trying to connect with? What lessons can you draw from that? Use those learnings, but try to find uncontested spaces across your competitive set that truly allow your brand to shine. Swim in the blue ocean, avoid the red ocean.
Anything else?
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1 年So many times imitation is not the best form of flattery. It undermines the hard work that is put into the development and idea creation that is synonymous with a brand and provides support for their identity. There have been many times over the years that C suites have oversimplified this process based purely on the outcomes. This is often to support the budgetary ideals and not what will truly drive their most valuable assets, their brand.