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Summary of The 22 Immutable Laws of Marketing 

4.6 . 2440 reviews

Short summary

Marketing specialist Al Ries and advertising executive Jack Trout both made significant contributions to positioning theory, which helps brands find their way to the customers’ minds. In this tidbit, the authors reveal the list of 22 laws that have the potential to make your brand successful and prosper. These laws are innovative, resourceful, and insightful. Do you always need to spur the hype? Do you have to “hit the enemy on their own territory?” Do you extend your product line when your current product becomes hugely successful? If your answer to any of these questions is “yes,” then you should definitely read this text to enhance your skills. As marketing is mostly the battle of ideas and finding the way into a customer’s heart, this summary will be helpful not only for marketers but anyone who wants their image to come across as strong. "The single most wasteful thing you can do in marketing is to try to change a mind." ~ Al Ries and Jack Trout

Table of content

  • Summary of The 22 Immutable Laws of Marketing
  • About the author
  • What is The 22 Immutable Laws of Marketing about?
  • Who should read The 22 Immutable Laws of Marketing
  • Topics in The 22 Immutable Laws of Marketing
first key point

Companies waste billions of dollars on marketing programs that flop

Listen the first key point
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Different managers assume that for a marketing program to work, it needs to have the greatest design, execution, and financial backup. It is not necessarily so, and IBM, General Motors, Sears, and Roebuck are examples of that.

These four giants had some of the best specialists, but their marketing strategies relied on wrong assumptions. According to a Canadian-American economist John Kenneth Galbraith, America used to fear the abundant corporate power, but the accents have shifted, and now the biggest fear is corporate incompetence.
The only reality you can be sure about is in your perceptions. If the universe exists, it exists inside your mind and the minds of others. ~ Al Ries and Jack Trout
Let us consider the example of General Motors. They did not have a competition problem. Even though they were not delivering excellent quality, marketing was their real problem.

In today's world, when a company falters, the competition will whip off with its business. To get the business back and running, the company has to wait for others to fail and err and then come up with a plan of how to use the situation to its benefit. How can a company avoid making mistakes? A company can avoid mistakes by making sure its programs are in tune with the laws of marketing.
The marketing laws are helpful, no matter where you are, what you do in a company, or what kind of product or service you deliver.
In this summary, you will read about the right way to make the first and lasting impression. You will also understand why pioneers don’t always end up being market leaders and learn how to find your niche, play off against your competitor’s weaknesses, and become exclusive no matter your company’s size.
second key point

People always remember the first one to launch a product, especially if it’s a unique one

Authors Al Ries and Jack Trout studied what works in marketing, and their findings have been distilled into the fundamental laws that govern success and failure in the marketplace. They call these principles the “Immutable Laws of Marketing.”
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third key point

Win people’s minds and perceptions

fourth key point

Let just one word burn into your customers’ minds, taking its position on the “ladder”

fifth key point

Catch up with the emergent trends and put competition into a perspective

sixth key point

To make more money, reduce your product lines, target audience, and be ready to make sacrifices

seventh key point

One striking attribute, one bold move, and a dash of honesty can help you become a market leader

eighth key point

Embrace unpredictability and failure

ninth key point

Conclusion

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What is The 22 Immutable Laws of Marketing about?

Who should read The 22 Immutable Laws of Marketing

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