"Stepping on other people's Launches" - super competitor strategy

7 replies
Hi -

Since I don't cross promote bs overpriced products in my niche (trading), like a lot of the affiliates do... instead I use a powerful anti-competitive strategy, which is to do a quick internal launch to my lists for a directly-competitive product (with better testimonials, pricing, content, etc) that I've produced, during a competitors' big launch.

Let's say they launch some lame overpriced hyped up $2000+ forex software program or course. I'll directly "counter" by doing an internal launch of a much better-priced, higher quality product, with extra bonuses during the competitor's launch window. It's very effective, mainly because I've built credibility and trust with my list. When competitors' affiliates are all babbling about "go buy this cheesy too-expensive $2000 product, with the same copycat emails etc", I'm "hey buy my much better $495 priced product instead", with this extra bonus when ordered by (something near competitors' deadline).

Kind of like retail 'price match, bring in competitors' coupon', but better since this isn't a commodity, it's better quality and lower price, highlighted for bonuses during competitors' launches.

Anyone else do the "step on other people's launches" strategy? Of course I don't win popularity contests, I just make a lot of sales... Good thing I have a lot of new leads coming in and a sizable list that I've earned trust with over the years, that's what makes it work, the trust factor, since they know they can count on what I deliver.

-k
#competitor #strategy #super
  • Profile picture of the author TerranceCharles
    That's a workable strategy Ken We have to remember, the point of marketing is to EDUCATE your potential customer with all the choices out there, WHY they should buy your product or service.

    Not only does this technique work, but it also get's people to Know, Like and Trust you (bottom-line.) some product owners may not like it, but if you can save the consumer some dollars, they'll love you for it, and so will your bank account.
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  • Profile picture of the author wfhblueprints
    Originally Posted by kencalhn View Post

    Hi -

    Since I don't cross promote bs overpriced products in my niche (trading), like a lot of the affiliates do... instead I use a powerful anti-competitive strategy, which is to do a quick internal launch to my lists for a directly-competitive product (with better testimonials, pricing, content, etc) that I've produced, during a competitors' big launch.

    Let's say they launch some lame overpriced hyped up $2000+ forex software program or course. I'll directly "counter" by doing an internal launch of a much better-priced, higher quality product, with extra bonuses during the competitor's launch window. It's very effective, mainly because I've built credibility and trust with my list. When competitors' affiliates are all babbling about "go buy this cheesy too-expensive $2000 product, with the same copycat emails etc", I'm "hey buy my much better $495 priced product instead", with this extra bonus when ordered by (something near competitors' deadline).

    Kind of like retail 'price match, bring in competitors' coupon', but better since this isn't a commodity, it's better quality and lower price, highlighted for bonuses during competitors' launches.

    Anyone else do the "step on other people's launches" strategy? Of course I don't win popularity contests, I just make a lot of sales... Good thing I have a lot of new leads coming in and a sizable list that I've earned trust with over the years, that's what makes it work, the trust factor, since they know they can count on what I deliver.

    -k
    Sound like an excellent strategy!

    Do you always undercut on price? Or are there occasions when you match the price and simply provide more value in terms of content?

    If so have you looked at the conversions between the two?

    Would be very interesting to see which gives the better overall response...

    Kind regards

    Chris
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  • Profile picture of the author kencalhn
    thanks - good posts, makes sense... not yet re same-price or higher, though I'm raising my prices (a lot) next year since I'm bringing affiliates onboard and need to cover their commisshes... that's an advantage to doing internal launches, is no affiliates to pay, so I can afford to charge less... I never put things on sale (trains people to wait), instead I "bonus up" or add extra content when ordered by a deadline.
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  • Profile picture of the author KristofferIM
    Seems like a pretty cool approach.

    How do you go about creating your counter offer fast enough when you hear about a competitor launch?

    Creating software takes a fair share of time and testing right?
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  • Profile picture of the author kencalhn
    hi - good question; I don't sell software (yet), I sell courses/webinars, so those make for easy offers to put together, since I can get a website/promo video and offer designed within a few days
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  • Profile picture of the author ronnieavelino
    Very nice strategy. This is also applicable to other products or services BUT you need to target a products or services that have FEW competitions. It's because many would also do this strategy that can sometimes affect the PRICING of a quality services/products.

    Ronnie
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    • Profile picture of the author Steven Wagenheim
      I don't know why I never thought of this. Wow, after all these years I can
      actually learn something.

      Thanks Ken. I'll keep this in mind the next time I see some big overhyped launch
      of some cheesy product.
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