Entrepreneurial Marketing, Selling the Sizzle
At FocalPoint, we’re quick to give Jobs his due, but we also appreciate that he’s not the only one to market entrepreneurially. There are many great examples of reading the marketplace correctly and capturing consumers’ attention, from hot movie franchises to new cars, popular political slogans to toy manufacturers.
According to Adrian Slywotzky, author of Demand: Creating What People Love Before they Know they Want it, “Demand creators figure out how to solve the big and little hassles we all face.” They tell a story about how their product will make our days more convenient, more productive and more fun. Then, they market that hassle-relief instead of the product itself.
It’s a great strategy, but not a new one. That theory used to be called “selling the sizzle, not the steak.” And it’s still a very effective way to market new products and new ideas because it relies on human emotion.
But it’s not always the first entrepreneur that succeeds in a big way. It’s the first to market to the emotional business or marketplace. Effective entrepreneurs and marketers have the uncanny ability to turn “fence-sitters” into customers by correctly pinpointing and marketing to buying triggers.
How can we help you use this marketing philosophy to help you with your business?