Does the Best Product Always Win
Nir Eyal says it is a myth that the best product always wins.
For example, when compared in a blind test, Bing get 50% of the users, but in real life, Google has >80% of market share. Most users are already in the habit of using Google, and they just don't stop to consider other options.
Once you can get get a customer to use your product without even thinking about it, then you are no longer competing on either price or features.
Habit-formation is a huge competitive advantage.
People
On this episode
- How Did Childhood Obesity Set Nir Eyal to Become Successful as an Adult
- How Does a Challenge Define an Entrepreneur
- How Did Nir Eyal Fix His Weight Problems
- Why Did Nir Eyal Write the Book "hooked"
- What Is an Example of Hook Model in the Wild
- Does the Best Product Always Win
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