27/08/2026
Marks & Spencer failed in Canada and walked away in the nineties, then Trader Joeâs spent twenty five years building an empire on premium private label food, which is close to what M&S was already selling here. That is what being early costs a brand.
If you run a product business, here is how to tell the difference between early and wrong. If customers understand what you sell and still donât buy it, you have a positioning problem. If they donât understand the category yet, and you keep having to explain why your product should exist, then youâre early. Being early means you are paying to educate a market that somebody else will eventually sell to.
Early doesnât mean stop, though. It means keeping your costs light, protecting your cash, and staying alive long enough for the market to catch up, because the brands that end up owning a category are rarely the ones who invented it.
So tell me, do you think Marks & Spencer would work here today?
*These episodes are my personal opinion. A professional recommendation would require proper market research and data.