Ep 248: How to Create a Niche And Market to It With Dr. Zack Abbott, ZBiotics
What would you do if you had a revolutionary product that solves a real problem, but had to compete with snake-oil equivalents?
In this episode, Dr. Zack Abbott, Founder and CEO of ZBiotics, talks about the world’s first-ever genetically engineered probiotics and how they marketed their first product. He shares how they found an unexpected audience that embraced their one-of-a-kind product.
KEY TAKEAWAYS FROM THIS EPISODE
When you are deciding about your packaging, consider what your target market would prefer and the experience they will have.
Zbiotics are marketed as an aid to assist in preventing the effects of a hangover, not to promote binge drinking.
A good marketing strategy involves having a good product and word-of-mouth.
Podcasts are incredibly useful to market products and, in ZBiotics’ case, finding a new market segment.
Use discount codes and trackable links to help track the efficiency of podcast channel use.
ROAS is a good measure if you’re short-term focused, but not for long-term.
It’s important that who you’re advertising to is in line with the brand that they see for themselves.
Growth should be sustainable, and the customers retained well.
Create a customer experience that people fall in love with.
Create a great product and a brand that people will really like.
Great packaging makes people proud of sharing the product they use.
Every single interaction with the customers is important.
Book Recommendation: Secrets of the Power of Negotiating
https://www.amazon.com/Secrets-Power-Negotiating-15th-Anniversary/dp/1601631391
Today’s Guest:
Dr. Zachary Abott is the Founder and CEO of ZBiotics.
ZBiotics Biotechnology company genetically engineering probiotic bacteria to perform specific beneficial functions inside the body.
Connect and learn more about Dr. Zack and ZBiotics here:
Website: https://www.zbiotics.com
Linkedin: https://www.linkedin.com/in/zaabbott/
Instagram: https://www.instagram.com/zbiotics
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