Positioning: Turning a Potential Liability into an Asset
When is a liability not a liability? When you can turn it into an asset through clever positioning! Sometimes whether something is a positive or a negative is really just a matter of perspective. To illustrate this concept, let's look at some examples…
Lack of Experience
Perhaps you just started a business. Some might consider your inexperience to be a liability. Maybe business is still a little slow. How can you put a positive spin on things? You're not "inexperienced," you're…
- Affordable
- Flexible
- Offering a fresh perspective
- Ready to tackle the client's project immediately
High Prices
Not everyone wants to be the low-price leader. But you also wouldn't want to tout that you've got "the highest prices in town"! You're not "expensive," you're…
- A highly-skilled expert
- In demand nationwide
- Providing customized and unique solutions
- Catering to those with discriminating tastes
"Me Too" Service
What if you're in an industry where all of the players offer essentially the same thing – or it at least appears this way to the average consumer? How can you position yourself to stand out from the crowd? You're not "just the same as your competitors," you're…
- A specialist in a particular niche of the market
- The organization with the most longevity
- The go-to provider in a given geographic area
- The one that provides the best value
Many businesses try to hide their potential negatives completely, hoping that no one will notice them. This approach tends to back-fire. It's often far better to confront these potential negatives head-on, by spinning them around and turning them into positives.