GTM Sauce

Copilot · B2C · personal finance app

When a big rival shuts down, pitch yourself as the place to go next

Guest says it worked; no numbers

Workedpr-launchpositioning-niche

What they did

Copilot had been building and gaining some traction for a long time, so when Intuit shut down Mint it was ready: the small team went all hands on deck, shared and pitched itself as the next home for Mint users, helped by organic 'what else is out there' conversations. Guest's framing advice: no gloating ('Mint sucked') or pity; something like 'If you're losing Mint, we're here to help': acknowledge the loss, then show why you are great. For an outage (e.g. Apple Weather going down) it is fine to be a bit feistier with a giant, but market the features that make you better at any time, not that you are up while they are down, so switchers don't churn back when the competitor recovers.

What happened

Guest says Copilot capitalized on the Mint shutdown well; no numbers.
9:30
“They were on the balls of their feet when Mint was shut down. They took advantage of it by sharing, doing a little pitching, I'm sure.”
Matthew Panzarino
10:33
“Yeah, it's like, "If you're losing Mint, we're here to help."”
Matthew Panzarino
17:00
“Instead, it should be around why our experience and feature set is better than Apple Weather at any time. You're using the moment that they're down to push into that gap,”
Matthew Panzarino

Related topics

Get tactics like this every Monday

New tactics from the week's founder interviews, each linked to where it was said.

More from this episode