The clear message of this book is that the principles of marketing have changed very little over the years, but what has changed is the competitive environment in which we buy and sell products and services. As consumers are faced with increasing choice, businesses are seeking new ways of differentiating their brands. The author strikes a cautionary tale for all companies that forget basic marketing principles.
This book analyses common mistakes such as brand extension and creative advertising and extols common sense marketing to enable brands to achieve or maintain market leadership through differentiation. Although the book is a great read, don't expect to learn anything new - we've heard this all before but, plainly, just aren't listening.
The book relies on recent and not so recent (American) examples of marketing mistakes and successes to underline its main theme - selling difference. In certain instances the new economy is alluded to and incorporated into the author's theory, particularly the role of the Internet in weakening the role of price as a differentiator. The majority of examples are old economy though and many are old favourites - Dell differentiating itself by selling direct, the Coke/Pepsi wars etc.
The book provides a convincing argument for protecting the brand and how to stand out in an increasingly crowded marketplace, it's easy to read, and a good, solid dose of common sense. However, it is very American in its use of examples and in some instances the cultural differences between the US and the UK cast doubt on the author's recommendations.
For a light, reader friendly reminder of why your business is not doing as well as you think it should - treat this book as a refresher course on marketing differentiation. Sound business sense, but we've read many other books like it and will do so for many years to come.