After much research, the VP reported. “Well, seems there’s this new kind of Salmon — PINK. It’s eating into our share of the market for Salmon.” Distraught, the company watched as their marketshare steadily declined.
Finally, in desperation, the company owner called a meeting. “Folks” he started, “we have GOT to do something about this Pink Salmon problem. See what you can come up with”.
The staff went away only to return shortly thereafter.
“Boss! We’ve got it!” The owner was excited! “Tell me” he asked, “what did you decide?”. “Simple. We’re just going to change the label on our cans!”. The owner agreed. Shortly thereafter, sales of Pacific RED Salmon was (no pun intended) ‘in the pink’ once again. The label change was simple. They added, “Pacific Red Salmon. Guaranteed NOT to turn Pink“. Inference? “Pink Salmon? Whoa! What happened there?”
The company positioned itself against a quality its competition could not change! And it was enough to boost the sales of their (RED) Salmon.
If you’re outstanding but not standing out, find your ‘competitive distinction’ and beat that drum like a dusty rug in the springtime!