Marketing advantages
article summary
Marketing advantages are dynamics in a company’s business, product, or market that inherently drive growth. Lean into these strengths to accelerate growth faster.
You simply can’t win as a startup without marketing advantages.
- When you know what to look for, you’ll spot marketing advantages regularly, especially in high-growth late stage and public companies.
- To get ahead, you need to figure out where you have a head start and lean in.
- Identifying your marketing advantages helps you pick the right levers, priorities, & tactics.
NOTE: Marketing advantages are an MKT1 framework, but the concept is similar to phrases you may have heard like "distribution advantages" or "unfair advantages."
How to build a strategy around marketing advantages
- First you need to recognize your marketing advantage(s), then you need to throw fuel on these fires.
- And if your startup doesn’t have marketing advantages, you need to adjust your product, your business strategy, or your go-to-market approach.
- The most successful startups typically have more than one marketing advantage they actively leverage.
- If you have the same marketing advantages as a competitor, it’s not really an advantage.
We've identified 9 marketing advantages in 3 categories
- We break marketing advantages into 3 categories, based on what’s driving the advantage (your product, your ecosystem, and/or your marketing DNA also known as your brand/story)
- Analyzing your other 2 strategy drivers (GTM motion & product marketing research) should help here.
- Some advantages are way stronger than others.
- Some advantages often come in pairs.
We've identified 9 common marketing advantages as you can see in the diagram below.
Product-driven marketing advantages:
- Network Effects & product virality
- Free plan or trial
- Wedge in to larger market (specifically: The product makes it easy to go from one segment to additional segments)
Ecosystem-driven marketing advantages:
- Integrations/co-marketing
- Channel partnerships & sales
- Forcing function: Trends, regulations, timelines
Marketing/brand/story-driven marketing advantages:
- Audience actively seeks community or educational content
- Founder story and/or founder/market fit
- Ability to create or own a category
Once you know your advantages, accelerate them with the strategies in orange below.
For more on the 3 strategy drivers, read this article.
Select marketing tactics based on your marketing advantages
Product-led growth advantages:
If you have these advantages, it typically makes sense to get as many people into the product as possible and then drive expansion/upsell from there, as each new user helps you get more new users.
- Test organic and paid inbound channels and double down on what’s working.
- But keep marketing to users throughout their lifecycle to drive engagement, upgrades, and virality—make them your champions.
- Use owned channels like email, help content, onboarding, and your product to do this.
Market/ecosystem advantages:
If you have these advantages, you should use people/companies in your ecosystem as a "marketing channel".
- Leverage partners, whether that be customers, companies with integrations, agencies or consultants, or other ecosystem players.
- Use them to help you create content and distribute your “fuel” through their channels.
For more on identifying your ecosystem, read this article.
Brand/story advantages:
If you have these advantages, you have the ability to differentiate through your marketing content itself. Double down on content!
- Create content that ladders up to your overall story and distribute, distribute, distribute—especially through your own community if you have one.
- Use your founder’s channels to share your “fuel.”
For more on defining your story, read this article.