First Mover Advantage?
Being The First Writing in 90 s, Al Ries and Jack Trout made the Law of the First their first law in the celebrated 22 Immutable Laws of Marketing . The proposition simply was - It is better to be FIRST than to be BETTER! Citing a rage of examples from Yuri Gagarin, Charles Lindbergh, IBM and Harvard, their point was that customers always remember the first, and the second person/ brand doing the same, even if they did it better, is usually forgotten. Presented as a Law, this may not really stand up to any scrutiny. IBM was never really the first, as were not a host of brands that came to dominate the market. In fact, Ries and Trout themselves added all those qualifications in their later laws - like, it is not First in the market but first in the mind! To be fair, what they were trying to do is not create new laws based on evidence, but rather presenting the generally accepted marketing wisdom and marshaling the evidence to support it. But, it held - and we got obsessed wi