Established industries often operate like cartels with unwritten rules, such as avoiding aggressive marketing. New entrants gain a significant edge by deliberately violating these norms, forcing incumbents to react to a game they don't want to play. This creates differentiation beyond the core product or service.

While launching a first-in-class drug is an achievement, true marketing excellence is shown when a team successfully launches a product that is second, third, or fourth to market. This requires superior execution and strategy to overcome established competitors with fewer resources.

Established companies like Pepsi only embraced social-first marketing after agile competitors like Liquid Death and Prime used it to attack their market share. The tangible pain of losing business, not the promise of innovation, was the ultimate catalyst for legacy brands to finally change their strategies.

This observation points to a cultural shift where public sentiment sides with smaller challengers against large, dominant entities. This has implications for branding, marketing, and competitive strategy for both startups and incumbents.

While many founders fear competitors, Michael Dubin views them as beneficial. He argues that rivals forced Dollar Shave Club to sharpen its brand identity and focus on its unique strengths. Competition validates the market opportunity and pushes the incumbent to work harder and be more specific about its value.

When competing against a resourceful incumbent, a startup's key advantage is speed. Bizzabo outmaneuvered its rival during the pandemic by launching a virtual solution in weeks, not months. This agility allows challenger brands to seize market shifts that larger players are too slow to address.

Launching a first-in-class product is relatively easy. The real test of a marketer's skill is successfully launching a product that is second, third, or even fourth to market. This challenge forces superior cross-functional collaboration and executional excellence to overcome entrenched competitors with fewer resources.

Vanguard's marketing became crucial when the company transitioned from a market disruptor to an incumbent being copied. The initial disruption created its own buzz, but as a market leader, Vanguard had to actively invest in marketing to differentiate its message.

Being the de facto industry standard removes the external pressure to innovate. Dominant companies often resist internal change agents who want to 'rock the boat,' fostering complacency. This creates an opening for more agile competitors to gain a foothold and disrupt the market.