3 builders who never spoke to each other
Narrow who the launch is for before you spend
A launch aimed at everyone reaches nobody, and the cost arrives as advertising that does not convert and a queue full of people who will never pay. James Cort attributes his failed advertising to appealing to every kind of buyer at once, and Nathan Barry aimed a workshop squarely at people one step behind where he had been. Chris Frantz reads years of work ending in no revenue as a positioning failure rather than a pricing one.
The method
- 01
Pitching to everyone lands with nobody. Narrow the target before spending on promotion.
- 02
Target the workshop at people one step behind where you were: consultants who want to sell products instead of hours.
- 03
Years of work ending in almost no revenue at launch is usually a positioning failure rather than a pricing one: the product was never put in front of the right audience.
- 04
Only use channels where you can verify that arriving signups genuinely resemble your buyer, so your app and support queue do not fill with tyre-kickers who never pay.
What it returned
The founder attributes the failure of his advertising to trying to appeal to every kind of buyer at once.
The shared trait among attendees was doing consulting while wanting to sell products, which was exactly the transition both instructors had made
Cited as the reason particular forums and directories work well as sources
Sources
- How to Kill a UnicornChris Frantz · chrisfrantz.com · How Freemium really works · 2021-01-14
- Building Profitable Audiences — Live in LondonNathan Barry · nathanbarry.com · The attendees · 2013-10-14
- Chapter 5: Getting Your First Customers - Tyler TringasTyler Tringas · tylertringas.com · How NOT to get your first customers · 2017-01-19
- Shutting Down my “IT-Manager-for-Hire” BusinessJames Cort · failory.com · Did you launch/publicize your product in any way? How did that go? Did it go as expected? · undated
the second source
Three plays a week, for the phase you are in
No roundup of links, no news. Three tactics more than one builder arrived at separately, with the numbers each one returned and the disagreements left in.
More in positioning
- Do the boring market homework yourself7 unconnected · contested
- Build for a market you already belong to6 unconnected
- Aim everything at the segment you already win6 unconnected
- Narrow the category until you are its only occupant6 unconnected
- Pick the fight the incumbent cannot win6 unconnected
- Pick the market nobody is excited about6 unconnected