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BYP 134 – The 5 Types of Competitive Advantages You Need to Exploit Right Away

by Mike Kim 2 Comments

Are you aware of your competitive advantage? Most people aren’t, and it’s often because they’re not even sure what kind of competitive advantages are out there.

In this episode, I unpack 5 competitive distinct advantages:

  1. Price
  2. Affinity
  3. Authority
  4. Skill
  5. Availability

Here are some snippets from today’s episode:

  • What I learned about competition during a dinner with the owner of Connecticut’s largest moving company. (3:03)
  • The 5 types of competitive advantages you need to be aware of (4:43)
  • The story Ken Davis, founder of SCORRE, told me about why pricing himself so low actually closed doors for his speaking business. (5:59)
  • Why you must set a yearly revenue goal. (7:40)
  • Why you need a “cash-cow” offer. (8:20)
  • How many people really unsubscribe from my email list everytime I send a message. (15:08)
  • How to establish authority even if you don’t have clients. (18:50)
  • How being intentional about these 5 things gives you a “marketing grip” that can’t be denied. (22:50)

Resources Mentioned in This Episode:

  • Donald Miller and StoryBrand
  • Ken Davis and the SCORRE Conference

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EPISODE CREDITS:

If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, and authors create, launch, and produce podcasts that grow their business and impact the world.

Find out more at https://emeraldcitypro.com

 

 

Filed Under: Blog, Business, Podcast Episodes

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Mike Kim
Personal brand strategist and author of the Wall Street Journal & USA Today Bestseller, You Are the Brand.

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Ranked the #1 podcast on iTunes for personal branding, each episode helps you build your personal brand business.

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