At work we talk a lot about “the law of market share.” It means that a market leader in any category has only about 20% of their market—which means the leader captures only 1 in 5 customers.
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Don’t be all things to all people.
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At work we talk a lot about “the law of market share.” It means that a market leader in any category has only about 20% of their market—which means the leader captures only 1 in 5 customers.