First, Last, Best, Most, Only

Episode 61 May 11, 2020 00:20:34
First, Last, Best, Most, Only
RESTAURANT STRATEGY
First, Last, Best, Most, Only

May 11 2020 | 00:20:34

/

Show Notes

#61 - First, Last, Best, Most, Only

On last week's episode we began discussing the idea of Positioning... a key concept that marketers use to introduce consumers to a new idea or product. On today's episode we're going to build on that by exploring these 5 words: First, Last, Best, Most, Only.

What do they have in common? They're words used to position a brand at the edges. It's about going to the extremes, and the key to its success is that only one brand can claim a given word. In many ways, it's about exclusivity. There can be only one Harvard, only one Corvette, only one Alinea. It immediately sets a company apart within their particular category.

Think of how marketers use these words either explicitly or implicitly in their communications.

By identifying which of these positions you can adopt (or which ones you already own), you can identify key ways to attract new audiences.

Other Episodes

Episode 254

July 13, 2023 00:37:50
Episode Cover

Back to Basics

#254 - Back to Basics   ***** This week's episode is brought to you by: TRIPLESEAT Revolutionize your private event planning with Tripleseat's all-in-one platform....

Listen

Episode 36

November 11, 2019 00:26:42
Episode Cover

8 Ways to Pack the Place on Monday Night

#36 - 8 Ways to Pack the Place on Monday Night A restaurant can't survive on Friday and Saturday nights. We pay rent all...

Listen

Episode 165

May 09, 2022 00:34:22
Episode Cover

6 Ways That Travel Changes Us

#165 - 6 Ways That Travel Changes Us *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs...

Listen