When you make the strategic decision to try to create favorable comparisons by only looking at how your brand is doing relative to brands JUST LIKE yours, you:
While these things can all seem good and make things easier, they all stand in the way of your brand creating strategic impact. That’s because easy competitor comparisons completely miss that your customers don't make easy comparisons for your brand and that the most dangerous potential competitors may look NOTHING LIKE your brand.
Your customers are most likely comparing everything you do for them and everything they experience about your brand to the brands they know perform those particular functions the best. That’s true whether those other brands are in your market, or if you have even heard of these brands, let alone track them as part of your standard competitor comparisons.
While you may feel the need to make easy competitor comparisons to get everyone to feel good about your brand, you'd be much better off to make all the hard comparisons instead.
Making the hard comparisons will get everyone motivated to improve your brand to be truly exceptional and distinct compared to ANY other brand out there.
Making the hard comparisons will fuel creating strategic impact. - Mike Brown
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