Climbing the Hill Too High
Monday Morning Memo for January 31, by Roy H. Williams
Niche marketing was born the day a clear-eyed realist chose to dominate a subcategory when the master category seemed too high a hill to climb. "Instead of trying to become a major retailer of home furniture, I'll become the king of affordable dinettes. Instead of making a run at used cars, I'll dominate used Corvettes instead."
Focused specialization makes sense, and in some circumstances it's exactly the right thing to do. But beware the temptation to think too small. Climbing molehills is easy. And when the time comes to plant your flag on top, you'll find there's already a convenient hole in it for you. Long live the king...








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