Though Nintendo is a competitor to both Microsoft and Sony, you can find characters from each established brand in Nintendo games. For example, in the ultra-popular franchise, Super Smash Bros., it’s not uncommon to see Microsoft’s Master Chief and Sony’s Kratos battling against beloved Nintendo characters such as Donkey Kong. Nintendo isn’t afraid to take advantage of mixing brands. While both companies compete within the same market, with similar products, their marketing mix (the 4 P's of Marketing) differed and their partnership highlighted those differences in a positive light. The marriage showcased the brand strengths of both Nintendo and Microsoft.
Think about how your company can become involved with other brands. Is there an opportunity to form a mutually beneficial relationship with another company? If so, why wait to contact them? Through mixing brands, you can access another organization’s audience while promoting yours as well.
A great place to start is influencer marketing. Here’s an example: an influencer on social media makes an unboxing video of the product and shows how to use the product. This allows a brand to broaden its reach within a trusted audience. Not only does it cut advertising costs, but it also shortens the sales cycle.