Time Strategy
Time Strategy - Toddler Teaches Market Timing Strategy
My three year old toddler didn’t get his way tonight. This caused rapid frustration, a.k.a. crying and slapping of hands on the floor. Amazingly I achieved a moment of clear thought.
What could i/we learn from this behavior?
When creating a marketing strategy timing is critical!
- Beat your competition to the punch and you win.
- Make the right choice at the right time and you’ll reap the rewards.
- Crying about missing a deadline won’t change the deadline.
- Don’t spend time managing time, spend time managing yourself.
- If Football is a game of inches, Business is a game of timing!
Toddler Timing Tip: Often times events occur that we cannot control in our lives or business, but we can control our behavior and responses to such events.
Market Strategy Timing Tip: The speed at which you bring products or services to market usually trumps the competition, even if the competitors product is better!
Examples:
- BETA looked better, but VCR won the day.
- Microsoft delivered what IBM needed WHENthey needed it. The competition wasn’t ready.
- Cable TV companies roll out high speed Internet services FASTER than DSL, guess who’s winning?
- The garage sale that opens an hour early picks up the hungriest buyers (local observation)
- And so on…
Thanks for reading.
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Have a great night! michael wilsonP.S. if you like what your reading check out this link! Imagine gettng 12 CD Rom’s filled with the latest and best marketing strategies on the internet? And that’s just for starters!
