| Date: | May 11, 2017 |
|---|---|
| Appearance: | Obsess Over Your Customers, Not Your Rivals |
| Outlet: | Harvard Business Review |
| Format: | Other |
Obsess Over Your Customers, Not Your Rivals
–Harvard Business Review
The starting point of most competitive analysis is a question: Who is your competition? That’s because most companies view their competition as another brand, product, or service. But smart leaders and organizations go broader.
The question is not who your competition is but what it is. And the answer is this: Your competition is any and every obstacle your customers encounter along their journeys to solving the human, high-level problems your company exists to solve.
When I led marketing at MyFitnessPal and was asked about our competition, I think people always expected me to rattle off a list of other nutrition-tracking smartphone apps and weight-loss programs.
What I actually said was that we were on a mission to make it easier to live a healthy life than an unhealthy one. So our chief competition was anything that makes it harder to live a healthy life. This included biology (fat tastes good, sugar is delicious, and our brains are wired to want more of both); mindless eating; and the billion-dollar advertising and marketing budgets of companies that make fast food, junk food, and processed food. Our competition was the fact that in many situations healthy food is actually more expensive and less convenient than unhealthy food is.

According to today’s guest, as brands “we must dedicate ourselves to becoming a facilitator of the transformations people want to make in their lives.”
We’ve reviewed a lot of books over the years about engaging employees in a larger purpose, how to call on deeper human motivations than a paycheck or profit to inspire more effortful, intentional, and influential work. Most companies simply find it harder to create an environment in which an employee can optimally contribute all they have to offer than it is to create a product for customers to easily consume.
“This deep, human motivation—transformation—is one of the most elemental reasons people do the things they do. And it’s certainly the pure, primal force underlying why they buy what they buy, read what they read and love what they love.
Marketing to the “Transformational Consumer”
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