Tuesday, December 31, 2019

Comparative Advertising to Get Edge Over Competitors

Comparative Advertising to Get Edge Over CompetitorsComparative Advertising to Get Edge Over CompetitorsLets say you make a widget. Its a great widget the best one on the market. Theres another widget out there thats not as good as yours, but it has better recognition and market share. What do you do? Well, this could be the perfect time to use comparative advertising. If you really do have a product or tafelgeschirr that leaves the competition in the dust, you should seriously consider doing some side-by-side comparison advertising. What Is Comparative Advertising? In laymens terms, its simply the process of directly comparing your product or service to that of a major competitor. Whether its Coke vs Pepsi, Nike vs Adidas, or Republican vs Democrat, the formula is usually the same. Point out the ways your brand is stronger than the other, and pay particular attention to the weaknesses of the other brand. Perhaps the greatest example of this was the Im a Mac, Im a PC campaign. Ap ple won that battle in a landslide. If the competitor has had a recent PR disaster, that can also work to your advantage. One prime example of this was the London Eye ride, which was sponsored by British Airways. The wheel was having trouble being raised. Virgin Atlantic floated a blimp above the wheel saying BA Cant Get It Up, making Virgin Atlantic seem like the cool guy and one that can get things done. Its considered one of the greatest brand vs brand stunts ever devised. Is Comparative Advertising Legal? Yes, totally legal. BUT, there are guidelines that have to be followed. Every country has slightly different laws around it, with some (the U.K.) being more strict than the USA or Australia. You cannot make untrue statements about the competition, or blatantly misleading claims. If you tell. The Pros of Comparative Advertising There are many if you have claims that can hold water. For a start, if you are a challenger brand (i.e. much smaller than the leading brand), you can ride their coattails with a campaign daring them to fight back. Its a winning situation whatever happens. If they do, youve engaged them and youll get free press. If not, people assume youve won because the other brand is staying quiet. Comparative advertising is also a good way to compare your product or service instantly with one that people already know. Remember when Dyson first came onto the market? It was new, it was unheard of, and boy, was it expensive. But when Dyson went up against brand-name vacuums that people knew, and trusted, and blew them out of the waterDyson became the champion. Comparative advertising is also an excellent way to quickly and easily list product or service benefits to the consumer. A side-by-side list, showing how your brand beats the competition in every category. It can be that your washing powder cleans twice as white with half the amount (OxyClean made that claim, and it made the brand a household name). Cons Yes. Make no mistake, if yo u are going to step into the ring with another brand, you are going to trade blows. Take one of the most famous pieces of comparative advertising ever done- Avis vs Hertz. The year was 1962. Avis was looking for a new ad campaign to boost sales and went to the smartest new kid on the block- Doyle Dane Bernbach. Bill Bernbach got to the heart of the matter immediately. He wanted to know the strengths of Avis, and hit upon the tagline We Try Harder. Ads like When Youre Only No. 2, You Try Harder. Or Else, were a massive hit. It was clear Avis was taking potshots at Hertz. And of course, Hertz fired back. Long copy ads like For years, Avis has been telling you Hertz is No. 1. Now were going to tell you why put Hertz back in the power position. And for decades, they were fighting it out, calling out weaknesses about the others company. Its also worth noting that some of the bigger, meaner brands will have no hesitation in taking a smaller brand to court if theres a hint of something mis leading. Do you want that to happen? Remember- Only Start a Fight You Can Win Are you sure of your claims? Can you back them up? Do you know, with 100 percentaccuracy, that the other brand or service is unten liegend to yours? If youre nodding yes to every question, then that sounds like a battle worth taking on. However, if you have any doubts about the claims, or if the brand youre going up against can outspend you $100 to $1, think twice. Not every David can knock down a Goliath.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.