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A Competitive Advantage Competing for Minds and Market Share Jamie Glass President, Artful Thinkers [email protected] @jglass8

A competitive advantage asu 6 23-2012

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Presentation to Arizona State University Startup Academy Bootcamp for high school students. Quick exercise in developing messaging for your competitive advantage.

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Page 1: A competitive advantage asu 6 23-2012

A Competitive Advantage

Competing for Minds and Market Share

Jamie GlassPresident, Artful Thinkers [email protected]@jglass8

Page 2: A competitive advantage asu 6 23-2012

3 Simple Rules

1. Find it

2. Manage it

3. Strengthen it

Page 3: A competitive advantage asu 6 23-2012

Defining Your Advantage

1. What do you offer?

2. Who is your target market?

3. Where can I buy it?

Page 4: A competitive advantage asu 6 23-2012
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Competitive Analysis

Values You Competitor B

Competitor C

Competitor D

Competitor E

Free Shipping

X X X X

24/7 Online Help

X X

10 Colors X X X X

Custom Fit X X

100% Recyclable

X X X

Personal Branding

X X X

Guarantee X X

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Market to Your Strengths

• Value Proposition – Targeted Buyer– Problem Solved (Need)– Uniqueness– Benefits

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Why Invest in Your Idea

• Translate Unique Value Proposition in Business Plan – Demand for Your Product– Expected Revenue– Anticipated Growth