Getting to the Root of the "We Have No Differentiation" Problem
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Description
In today’s episode, I explore product differentiation and the common misconception that some products have no unique value. I also explore the potential root causes when companies fail to see their own differentiation.  You will learn:  * The myth of having no product differentiation and what it means for B2B technology companies. * The importance of understanding competitive alternatives and translating capabilities into customer value. * Why a lack of differentiation leads to poor sales and business growth issues. * How irrational buyer decisions are influenced by the need to avoid risks. * The concept of "value blindness" and its impact on the marketing team. * The dangers of focusing solely on losses while ignoring the importance of analyzing wins. * How "product pessimism" can spread within teams and damage overall morale. * The significance of cross-functional collaboration in aligning a company's positioning strategy. — If you want to skip ahead:  02:30 - Question of Differentiation in B2B Products  04:29 - The Stakes of Differentiation in Buyer Decisions  06:39 - Recognizing Value in a Product  09:25 - Addressing Misconceptions About Differentiation  12:50 - Understanding True Competitive Alternatives  17:44 - The Importance of Analyzing Wins  22:47 - The Role of Segmentation in Positioning — Connect with April Dunford and learn about practical positioning that accelerates marketing and sales:  Work with April: https://www.aprildunford.com/contact  April’s newsletter: https://aprildunford.substack.com/  April’s LinkedIn: https://www.linkedin.com/in/aprildunford/  April’s Twitter/X: https://twitter.com/aprildunford  — Get April Dunford’s books and audiobooks:  “Obviously Awesome: How to Nail Product Positioning so Customers Get It, Buy It, Love It.” “Sales Pitch: How to Craft a Story to Stand Out and Win.” Amazon US: https://amzn.to/49l0ZRY  Amazon Canada: https://amzn.to/4ac9hgt  Amazon UK: https://amzn.to/3vosDzQ — The Positioning with April Dunford podcast: Want to make your product stand out in a crowded market? It all starts with great positioning. Using April’s battle-tested methodology, she'll teach you the nitty-gritty of positioning so that you can unlock better marketing and sales performance. Podcast website: https://www.positioning.show/  Subscribe on Apple Podcasts: https://apple.co/3PFHcWx  Subscribe on Spotify: https://spoti.fi/4aqyDqI  Subscribe on YouTube: https://www.youtube.com/@positioningshow  — This episode was produced by Story On Media & Marketing: a href="https://www.successwithstories.com" rel="noopener noreferrer"...
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