Enriched executive summary of

The 22 Immutable Laws of Marketing

Al Ries and Jack Trout

Marketing: The Law of Duality

In the long run, every market becomes a two-horse race

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 The Law of:

Leadership

Category

Ladder

Duality

Perception

 

When you take the long view in → marketing Download PowerPoint presentation, pdf e-book, you find the battle usually winds up as a titanic struggle between two major players – usually the old reliable brand and the upstart.

→ Sustainable Competitive Advantage Download PowerPoint presentation, pdf e-book

Knowing that  marketing is a two-horse race in the long run can help you plan strategy in the short run.

Early on, in a developing market, sales are increasing, and there are many → competitors. New, relatively unsophisticated customers are coming into the market. These customers don't always know which brands are the → Leaders Download PowerPoint presentation, pdf e-book, so they pick ones that look interesting and attractive.

→ Emotional Marketing      → Buzz Marketing      → Sell Benefits

As time goes on, however, these customers get educated – they recognize the leading brands and assume that their products must be the best.

→ Customer Value Creation: Yin-Yang Strategies Download PowerPoint presentation, pdf e-book