Me-too marketing strategy or on your own?

Portrait of Marco Zumoberhaus, Founder and CEO of Yoline, expert in marketing and digital transformation.
Marco Zumoberhaus
18.10.2024
Blog Yoline | Marketing Strategy by Kühn - Focus on me-too with a copying mascot
In brief:

In the marketing world, “copying” often has a bad reputation — but that's not always true. The me-too strategy shows that it can be useful to learn from proven successful models and adapt them. The key is to act consciously and strategically: Use what you already have, improve it and thus create clear added value for your customers. With the right balance between imitation and innovation, you can secure decisive competitive advantages.

Copying often sounds like an unoriginal and lazy approach. After all, who wants to copy what others have already invented? But in marketing, 'copying' is often something quite different - it is a strategic decision that allows companies to adopt, optimise and adapt proven concepts and successful models to their own needs. This process, which we refer to as the me-too marketing strategy, is a clever way to enter the market with less risk and more efficient use of resources. But what is behind the me-too strategy and when does it make sense?

What exactly is the me-too strategy?

The me-too strategy is based on a company copying successful business models, products or services from established competitors. The trick is not to copy blindly. Rather, it is about adapting proven concepts, transferring them to your own market and creating new, individual added value through targeted optimisation. Often at a more attractive price. This approach saves time, as there is no need to develop new ideas from scratch, and at the same time offers the opportunity to minimise costs and risks. It should be noted that this is now somewhat easy to read, as the implementation of this strategy is effective. Especially in highly competitive markets where innovation is associated with high costs and uncertainties, the me-too strategy can help companies to act efficiently and conserve resources. The focus is on gaining a foothold and market share quickly, without taking unnecessary risks.

The me-too strategy: Success through adaptation rather than innovation

An often misunderstood point about the me-too strategy is that it is not just about imitation. Simply copying products or ideas is rarely the way to success, and usually the illegal way if the brand being copied has got the basics right. A company that successfully applies the me-too strategy analyses exactly what the competition is doing - and where there is potential for optimisation. There are several ways to do this:

  • Better prices: Through more efficient production processes or cheaper supply chains, companies can offer the same products or services at a lower price and thus Price leadership aim for.
  • Improved customer service: Customer service can be a strong differentiator. Even though the product is similar to that of the competition, excellent and personalized service allows additional benefits are created and customers are retained in the long term.
  • Technological optimizations: Me-too companies often use existing products as a basis for implementing them through the use of new technologies further develop. Whether it's a more user-friendly interface, better functionalities, or faster production processes — technological innovation can be the key to success.

When does the me-too strategy make sense?

The me-too strategy is not the best choice for every company or situation. Understandably, it does not help a market leader. However, in certain scenarios this competitive strategy offers clear advantages:

  1. New market players: When a company is already in a saturated market If customers have already become accustomed to certain products or services, the me-too strategy can help build trust. By adopting successful models, the company can customer satisfaction ensure and yourself at the same time Establish quickly.
  2. Save resources: Innovation is expensive. Developing new products, testing concepts, and taking risks can be expensive. The me-too strategy enables companies to to reduce costs by relying on already proven models.
  3. Minimising market risk: In certain markets, customers are very loyal to established brands or business models. They may be reluctant to launch a completely new product because consumers have become accustomed to what they already have. With a me-too strategy, the company minimises risk by sticking to established standards.
  4. Cost leadership: Especially in price-sensitive markets, it can be useful to rely on existing products or services and to strive for price leadership through more efficient processes and lower costs.

The challenges of the me-too strategy

Of course, the me-too strategy comes with its own challenges. Companies need to ask themselves a number of questions before embarking on this strategy:

  1. Legal risks: Copying products or services isn't always as easy as it seems. Companies relying on a me-too strategy need to ensure that they are not infringing copyrights, trademarks or patents. This can be a real challenge, especially in highly regulated markets. A legal review is essential before a company imitates an existing product.
  2. Competitive differentiation: A major disadvantage of the me-too strategy is the risk of being perceived as a mere imitator. Companies must therefore ensure that, despite being imitated, they have enough of their own to stand out from the competition. This can be done through brand identity, service or small product innovations.
  3. Customer expectations: Customers who are already familiar with a competitor's product or service may be sceptical about whether the counterfeit product offers the same quality. Here it is important to use communication and marketing to build trust and make it clear to customers that the product has not just been copied, but improved.

Our experience in the area of me-too

Initially, many companies focused heavily on profiling strategies and developing unique solutions. But over the past two years, we have learned from renowned and experienced business people that it is not always necessary to reinvent the wheel. It has been impressive to see how well benchmarks already work and how they often provide a solid foundation for further growth. This insight has inspired and slightly changed our approach: This flexible approach allows us to find the right mix for each company - between innovation and the targeted application of already successful models. Sometimes it is more efficient to build on what already exists and create new competitive advantages through fine-tuning, such as improved customer communication or optimised processes.

Me-too strategy: A successful model with vision

The me-too strategy is a tried and tested way of quickly gaining a foothold in fiercely competitive markets and securing competitive advantage. The trick is not to simply copy, but to make targeted adjustments that make the product or service better and secure your own market advantage. Although innovation remains a central factor in marketing, practice shows that successful companies often use a combination of imitation and their own innovation to achieve long-term success. At Yoline, we help companies find the right path - whether through a me-too strategy or through original, unique concepts.

Copy wisely

In summary, the me-too strategy offers companies the opportunity to draw on proven concepts without losing their originality. The aim is not to blindly copy, but to analyse and adapt what already exists and to find your own way through targeted optimisation. The strategy works particularly well when it comes to securing market share quickly and efficiently - as long as the legal framework is respected and one's own strengths are used. Successful copying means doing it in a way that allows you to find your own way and benefit from it in the long term.

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Frequently asked questions on the topic

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What is the difference between a marketing concept and a marketing strategy?

Yoline marketing agency call-to-action arrow up in Yoline's corporate colors. Part of the corporate design of Yoline, the creative agency in Valais
Yoline marketing agency call-to-action arrow up in Yoline's corporate colors. Part of the corporate design of Yoline, the creative agency in Valais

The difference between a marketing concept and a marketing strategy lies in the level of detail. The marketing strategy is the overarching plan that determines how goals should be achieved. It is about the big plan, the competitive analysis and the determination of the target group.

The marketing concept, on the other hand, is like a roadmap for the success of your company. It contains the specific actions you take to make your strategy a reality — the ingredients and steps you need to achieve your goal.

Without a clever strategy, concepts are like a ship without a compass. And without a well-thought-out concept, every strategy remains just a dream.

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