Leveraging Your Competitive
Advantages for Greater Success
Shortly after the publication of my last
article in Residential Systems, I received a
text from my beloved brother Dan. “Nice
article Bro. Where’s the beef,” he wrote.
Well, I don’t know how you react
to your older siblings’ criticisms, but I
instinctively went on the offensive and
telephoned Dan to set him straight.
I thought that “Add Value or Stay
Home” was spot on by encouraging
custom installation companies to
provide value in lieu of discounts. So
I used my gruffest voice when I called
Dan. “What do you mean where’s the
beef,” I asked as he answered the phone.
“Just what I said,” Dan snapped
back. “Anyone can tell dealers to frame
the value that they add as a competitive
advantage. But what Residential Systems readers want from you is to explain
how it is done. Then after reminding me that he loves me, he hung up.
While I’ll never admit that it came from Dan’s prodding, I believe it
is important to provide you with some examples of how to define and
champion your competitive advantages.
1. Define your competitive advantages objectively.
Think about what
Jaynie L. Smith is implying in her book, Creating Competitive Advantage,
when she asks which of these two statements is more compelling: “We have
great customer service” or “Ninety-five percent of our business comes
from referrals.” It comes down to believability. A potential customer is
not likely to be swayed by the first statement. It’s just too generic. Anyone
can and everyone does say that they have great customer service. But the
company that measures something that implies great customer service, like
business that comes from referrals, and frames that attribute to potential
customers is telling those customers they can count on the company above
all others, thus defining a competitive advantage.

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At Niles every employee carries a “Keys Card”
that states the company’s mission, vision,
values, and competitive advantage.
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2. When framing your competitive advantages, state attributes of
your company that imply your unique capability and quantify them.
These attributes can include your percentage of jobs completed on schedule,
the number of installation staff with industry certification or licensing,
industry ranking or third-party endorsements.
As an example, take a look at what David Young’s team at the Sound
Room in Missouri posted on the home page of their web site: “Thousands
of satisfied customers have enabled the Sound Room to grow steadily while
collecting local and national awards of excellence, and gaining an unmatched
reputation for integrity and service.” And to back it up, right next to that
statement is a link to actual client reviews. Now that’s a competitive advantage!
3. Constantly and consistently communicate your competitive
advantages.
My old boss used to say, “Market to your marketing,” meaning
that once you have your message, adjust it to each specific audience you are
communicating to. To best communicate your competitive advantages look at the
spheres of influence in your communication
circle, and tailor the message for each sphere
accordingly. Work from the inside out. First
within your company, make certain that
all of your customer-facing employees are
championing your advantages to everyone
with whom they come in contact.
To help focus employees, some
companies employ what is called an
“elevator pitch” or a brief overview of
what the company does and the value it
provides. Other companies use printed
statements on wallet cards that employees
carry and share with customers. At Niles
every employee carries what we refer to
as our Keys Card, which is a wallet card
that states our mission, vision, values, and
competitive advantage.
Once your internal communication
sphere is covered, make a list of your
company’s communication vehicles:
web page, advertisements (both print
and radio), proposal sheets, press releases, signage, Facebook and Twitter
posts, truck wraps, etc. Make sure that your competitive advantages are
highlighted wherever and whenever you can. Don’t hesitate to contact a
public relations agency to help. Many agencies will do
work on a fee basis without retainer.