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- ♞ Pitching Pepsi
♞ Pitching Pepsi
Hey Persuaders!
Pitching Pepsi
A common situation that I see many founders in is pitching an alternative to an existing product. The idea of “Pitching Pepsi” is one that anyone in this position needs to understand. It is fundamentally different pitching an alternative to an existing recognized product than pitching a completely new product.
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The key to pitching Pepsi is two-fold:
Benefit from Coke's existence—The fact that Coke exists and has billions of fans can be spun as a positive for you. It is proof of product/market fit and shows that a massive group of people are interested in building a similar product.
Differentiate yourself from Coke - You must show how you are different or better. Why will you be able to beat Coke? It’s great that there is a market waiting for you, but if you can’t win in the market, then you won’t succeed.
Do you know how to pitch an alternative to existing products? |
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