Maybe it's time to cooperate, not compete

We tend to focus on our competitors and how to beat them. Take a moment to reflect on your potential 'cooperators' - brands that you could work with to strengthen your position in the market.

Maybe it's time to cooperate

Cooperate on product distribution
In 2008 Dunkin' Donuts partnered with J.M. Smucker to distribute a packaged coffee product to roughly 40,000 supermarkets and stores in the US. The result, US$115 million in sales. How can you cooperate with other brands to increase your distribution?

Cooperate on product design
One of my favorites: Italian sports brand Fila produced a line of Ferrari inspired footwear. This is just one of many examples of footwear brands cooperating with automotive brands to offer something extra. Levi's developed RedWire DLX jeans which feature an iPod dock and controller joystick built into the pockets. Which brands could you cooperate with on product design?

Cooperate to build your industry
Sometimes it makes sense to 'grow the pie' rather than compete for a slice. The WoolMark brand is a great example of this - promoting pure wool and all its benefits. The WoolMark brand helps to protect and grow the use of wool, as it competes with alternative fibers. Very useful if you work in the wool industry. How could you cooperate within your industry, to 'grow the pie'?

Cooperate on customer experience
When United Airlines began serving Starbucks coffee in-flight it gained passenger approval (and great PR too!), hotels use branded toiletries, cars use branded hifi, etc, etc. How can you cooperate with other brands to enhance your customer experience?

Brand cooperation can be very powerful, ask yourself:

Which brands can I cooperate with, and how, to strengthen my position in the market?