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 319

February 26, 2024 00:20:01
Episode Cover

RETHINK: Convenience and Experience

#319 - RETHINK: Convenience and Experience ***** This week's episode is brought to you by: KICKFIN Thousands of restaurants across the country use Kickfin...

Listen

Episode 414

January 23, 2025 00:30:27
Episode Cover

Better Table Touches to Drive Revenue

#414 - Better Table Touches to Drive Revenue *****  This week's episode is brought to you by: AVERO Increase your profitability using the industry's...

Listen

Episode 88

November 16, 2020 00:22:20
Episode Cover

A Blueprint for Achieving Any Goal

#88 - A Blueprint for Achieving Any Goal "A goal without a plan is just a wish."  This is the final installment of a...

Listen