Groucho Marx and “Low Ballers”
A common complaint in our industry concerns the prevalence of low ballers. When you have become the best in town but it doesn’t seem like anyone cares about anything but price, what can you do?
Blogger and marketing guru Seth Godin thinks you should look to Groucho Marx for a tip:
Perhaps the most plaintive complaint I hear from organizations goes something like this, “We worked really hard to get very good at xyz. We’re well regarded, we’re talented and now, all the market cares about is price. How can we get large groups of people to value our craft and buy from us again?”
Apparently, the bulk of your market no longer wants to buy your top of the line furniture, lawn care services, accounting services, tailoring services, consulting… all they want is the cheapest…It’s not because people are selfish (though they are) or shortsighted (though they are). It’s because in this market, right now, they’re not listening. They’ve been seduced into believing that all options are the same, and they’re only seeing price…
Fixing this is almost always a losing battle. Just because you’re good at something doesn’t mean the market cares any longer.
The Marx Brothers were great at vaudeville. Live comedy in a theatre. And then the market for vaudeville was killed by the movies. Groucho didn’t complain about this or argue that people should respect the hard work he and his brothers had put in. No, they went into the movies.
Then the market for movies like the Marx Brothers were making dried up. Groucho didn’t start trying to fix the market. Instead, he saw a new medium and went there. His TV work was among his best (and certainly most lucrative).
It’s extremely difficult to repair the market.
It’s a lot easier to find a market that will respect and pay for the work you can do. Technology companies have been running this race for years. Now, all of us must.
If Wal-Mart or some cultural shift has turned what you do into a commodity, don’t argue. Find a new place before the competition does. It’s not easy or fair, but it’s true. You bet your life.
What do you do to market your services to the right group? Let us know in the comments!
And for those who have never seen Groucho in action, click here.
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