"Once you open your mind to the possibility that there are laws of marketing, it’s easy to see what they are. In truth, they are obvious."
- The 22 Immutable Laws of Marketing, page xi
"There are laws of nature so why shouldn’t there be laws of marketing?"- The 22 Immutable Laws of Marketing, page xi
What are the 22 laws?
"The perception is the reality. Everything else is an illusion."- The 22 Immutable Laws of Marketing, page 19
Do you think that the best product will win? Many marketers, confident in this belief, are preoccupied with ‘getting the facts’. They analyze the situation to make sure they have the best product, then naively sail into the world with confidence.
It’s all an illusion says Ries and Trout. There are no best products. All that exists in the world of marketing are perceptions in the minds of the customer or prospect. The perception is the only reality.
Coca-Cola illustrated this for us when they thought best taste would lead to best-selling cola. Remember New Coke? It won the taste competition but the perception in the consumers’ minds was more important. The one that research showed tasted worst, Coca-Cola Classic, continues to outsell all the others. Perception is reality.
The tricky thing about perception is that we all think we are better perceivers than others. Only by accepting that you aren’t and studying how perceptions are formed and focusing your marketing on those perceptions can you overcome your incorrect marketing instincts.
"Ego is the enemy of successful marketing."- The 22 Immutable Laws of Marketing, page 105
When people become successful, they tend to become less objective. They may substitute their own judgement for what the market wants. It reminds me of Jim Collins’ famous quote “Good is the enemy of great”. Success often leads to arrogance and arrogance to failure.
I work in the pharmaceutical industry trying to illuminate our path to patient centricity. One of the things I do is shift the mindset of sales reps to be focused on the patient instead of the prescription. The irony is that they will achieve greater sales when they are more patient focused.
But the old mindset of being script centric was founded in years and years of success. Now, while things are changing, the leaders insist people should “go back to basics”. They remember when old strategies were successful and they can’t take those blinders off to see a new approach is needed.
From the Law of Leadership to the Law of Resources, these valuable insights stand the test of time and offer guidance for anyone smart enough to look. The authors warn, however, about the dangers of applying the laws since many of them fly in the face of corporate ego, conventional wisdom and the Malcolm Baldrige awards. But with patience and courage, the laws will smooth your road to successful products.
Farnoosh Brock was born and raised in Tehran, Iran, has also lived in Turkey and now resides in the United States. In 2011, she left a 12-year successful career at a Fortune 100 company to start her own company, Prolific Living Inc. Today, she is a professional blogger, author, speaker, business coach and an expert green juicer. She is passionate about showing her readers and clients how to define their own freedom in their health and their careers. She is a multi-passionate entrepreneur that does not believe you need to give up one passion to pursue another! She infuses her love of green juicing, Ashtanga yoga, writing, photography, entrepreneurship, and world travel into her work to show you that your dreams are accessible and possible too. Her favorite quote, the one that led to that resignation from Corporate America is: “The lust for comfort kills the passions of the soul.” by Khalil Gibran.