Marketing and web guru Seth Godin recently gave his friends at the Kindle team an open briefing on their options in response to Apple’s iPad selling at a rate of one every three seconds.
It’s an interesting read from a number of points of view, not least: what are your options when your business has been outmanoeuvred? (Or “a pretty urgent moment”, Godin calls it.)Fewer than you might think, in some ways. More in others.
Whatever, business-as-usual is a recipe for slow (or not-so-slow) decay.
Look for hidden values like camping on an audience/tribe/market’s infrastructure sweet spot, adding value … or, as Godin highlights, look for ways to become the ‘language’ or ‘medium’ of some other valuable transactions…
Any other ideas?