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Eating the Big Fish:
How Challenger Brands Can Compete against Brand Leaders

 
  by Adam Morgan
 
 
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By The Numbers
 Product Details

  Format: Hardcover, 1st ed., 286 pages
  Publisher: Wiley, John & Sons, Incorporated
  ISBN: 0471242098
  Release Date: Jan 10, 1998


 
 
Cover to Cover
 From The Publisher
Years ago, Avis was a little fish in the car rental industry. Fearing the company would be swallowed up if they didn't "try harder," Avis boldly announced its #2 status to the world through advertising - and the rest is history. Why has this approach become a marketing legend? Because there are more people who can relate to being #2, 3, or even 4, than can claim they know what it's like to be the Big Fish. Instead of watching - and copying - every move the Big Fish makes, these "Challenger" brands need their own set of marketing rules if they have any hopes of staying afloat and competing effectively against the leader. Eating the Big Fish is the first book that sets out to define those rules. Adam Morgan offers an innovative mental and strategic framework for those who find themselves in this new, hostile middle ground, looking for aggressive growth against the market leader. Morgan, the Joint European Planning Director of TBWA (the international advertising agency behind the campaigns for such brands as Absolut vodka, Apple computers, and Sony Playstation), has examined in detail forty of the most successful Challenger brands of the last ten years - new or relaunched brands which have achieved rapid growth (and fame) with limited marketing resources. He outlines the reasons why Challengers must think differently in order to survive, offering hands-on advice, plentiful examples, and invaluable information to help a Challenger learn how to swim out of the shadow of the Big Fish.

 
 
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Table of Contents
 
Pt. IThe Size and Nature of the Big Fish1
1More Blood from a Smaller Stone3
2The Consumer Isn't14
3What Is a Challenger Brand?24
Pt. IIThe Eight Credos of Successful Challenger Brands37
4The First Credo: Break with Your Immediate Past39
5The Second Credo: Build a Lighthouse Identity54
6The Third Credo: Assume Thought Leadership of the Category83
7The Fourth Credo: Create Symbols of Reevaluation105
8The Fifth Credo: Sacrifice124
9The Sixth Credo: Overcommit138
10The Seventh Credo: Use Advertising and Publicity as a High-Leverage Asset155
11The Eighth Credo (Part 1): Become Idea-Centered, Not Consumer-Centered174
12The Eighth Credo (Part 2): Flying Unstable194
13The Relationship between the Eight Credos219
Pt. IIIUsing the Challenger Strategic Program231
14Challenger as a State of Mind: Staying Number One Means Thinking Like a Number Two233
15Writing the Challenger Program: The Two-Day Off-site242
16Apple, Risk, and the Circle of Rope261
Postscript273
References and Sources274
Acknowledgments277
Photo Credits280
Index281


 
 
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 Keywords
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Inverse Black Hole
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Reader's Corner
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Related Reading
Related Reading
Inverse Black Hole
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