READY TO DISRUPT ?? – OR BE DISRUPTED..
When new players enter a market or industry and use cutting-edge technologies or business strategies to undercut the incumbent leaders, this is known as disruption. Although most of the time established entities are caught off guard, disruption really follows a predictable but generally unnoticed pattern.
In every industry, all throughout the world, disruption has been a constant for millennia. A “disruptive brand” is created each time someone tries out a novel notion and the public responds favorably to it.
Finding a fresh approach to break the mold is sometimes necessary for developing a brand with real potential. It’s not always about figuring out how you fit within your existing business.
We don’t need to search far for examples; truly disruptive companies like Netflix, Tesla, Uber, SpaceX, and AirBnB already exist. But these are merely the most prevalent and easily accessible instances.
These are but a few examples of the disruptive companies’ capacity to alter our way of life and the world in which we live. The right brand does more than just introduce new products into a market; it also determines what its target audience wants and takes action that makes their lives more convenient, amazing, or innovative.
Every organization is vulnerable to disruption; there are no safe spaces. Here are the five crucial steps to disrupting.1) Identify a strategy for disruption.
2) Choose a sector that is susceptible to disruption.
3) Find a new value.
4) Utilize your strongest asset to counter their greatest weakness.
5) Fight from within – Disrupt or be Disrupted.
A recent study indicated that the attention span of a person is comparable to that of a goldfish. Although there has been some debate about whether this is true or not, it is reasonable to state that it is more difficult than ever for businesses to attract and hold the attention of their target consumers.
B2B marketers who don’t adjust along with the customer journey will fall behind. If you want to succeed in B2B, you must adopt new methods of thinking. In the end, it’s all about accepting disruption and establishing the framework for customer-centric, digitally enabled B2B interactions, which is merely one facet of digital transformation.