The 22 Immutable Laws of Marketing
L. Ries and J. Trout
One of many publications by these acknowledged experts on product
positioning. (See also The New Positioning, Marketing Warfare, Bottom-Up
Marketing, etc.) All are excellent airplane reads, full of short,
punchy examples and conclusions. There's a heavy emphasis on consumer
products, but many of the lessons are completely transferable. Our
only criticism is that the sound bite style tends to make some very
complex issues appear quite simple. How, for example, could leading
companies like Coca-Cola and IBM go so wrong on occasion if it were
really this easy? (HarperBusiness,
1993)
Crossing the Chasm
Geoff Moore
Deservedly a modern classic. Well-written and based on real world
experience with a large number of Silicon Valley companies, this
book popularized the idea of the Technology Adoption Lifecycle Curve
and its importance on hi-tech marketing effectiveness. With its
particular emphasis on challenges of the early market, a key message
is the importance of segmentation when first attacking mainstream
markets. If you read only one book on technology marketing, read
this one. If nothing else, it will let you talk the talk like everyone
else. (HarperBusiness, 1991)
Marketing High Technology:
An Insider's View
William Davidow
One of our all-time favourites, by a former senior vice-president
of sales and marketing at Intel who went on to become a Silicon
Valley venture capitalist (Mohr Davidow Ventures). Almost 20 years
old, this book still offers a very relevant discussion of issues
like the OEwhole product', how OEdesign wins' can be critical objectives
for component technology vendors, and how you have to plan what
you do before you do it. Slightly more textbook feeling than some
more recent titles, this book will appeal especially to the serious-minded
reader and those with complex products that are likely to be embedded
in some other product or service. (The
Free Press, 1986)
The Discipline
of Market Leaders
Michael Treacy and Fred Wiersema
We like this book because of its three main tenets: choose your
customers, narrow your focus, and dominate your market. The authors
argue that to be a market leader you must decide what your strategic
position is: operational excellence, product leadership, or customer
intimacy. Focus on one, with the other two playing supporting roles.
There are some useful case studies involving each of these scenarios.
In all, a good read for companies trying to make tough choices about
how to scale their business and dominate a market. (Addison-Wesley,
1995)