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 224

March 30, 2023 00:42:18
Episode Cover

Creating Better Restaurant Managers

#224 - Creating Better Restaurant Managers *****  This week's episode is brought to you by: SPOTON You may think of them as a POS...

Listen

Episode 349

June 10, 2024 01:22:41
Episode Cover

5 Simple Tips for Increasing Profits from 5 Industry Experts

#349 - 5 Simple Tips for Increasing Profits from 5 Industry Experts *****  This week's episode is brought to you by: MARGIN EDGE Take...

Listen

Episode 236

May 11, 2023 00:35:50
Episode Cover

How to Build a Network of Peers

#236 - How to Build a Network of Peers   ***** This week's episode is brought to you by: TRIPLESEAT Revolutionize your private event planning...

Listen