How often should you change strategy?
Conventional wisdom extols maintaining a consistent message in the marketplace. Wesley Day Advertising knows there are times to break – and rebreak – the rules.
SITUATION:
Aerotech specialized in livestock ventilation equipment in a market dominated by larger companies selling a full line of building components. Aerotech enjoyed a technological advantage as confirmed by independent tests.
STRATEGY:
Promote fan performance and efficiency (A. – at right).
RESULTS:
In little more than a year, the competition copied the fan design and reached performance parity.
NEW STRATEGY:
Promote the many benefits of an Aerotech system (B – at right).
ETC.:
The competition then tried competing on price for just the fan portion of the system. We countered by promoting the value of an integrated Aerotech system (C – at right).
When the competition picked up on this, we raised the ante by promoting the value of Aerotech's system expertise, system guarantee, and lifetime fan warranty (D – at right).
During this time Aerotech enjoyed steady sales increases of 20 percent per year in an otherwise flat market.
Note: Aerotech, Inc., has since been sold and the new owners are pursuing their own strategy.