Back
Anonymous
Hey I am on Medial • 1y
17. Rivalry Among Existing Competitors • Intense competition within an industry can drive down prices and reduce profitability, highlighting the need for strong differentiation. 18. Positioning the Company • Strategy is about positioning the company uniquely in the market by delivering distinct value to a specific customer segment. 19. Avoiding Common Strategy Pitfalls • Warns against common mistakes such as confusing operational effectiveness with strategy or trying to compete on all fronts. 20. The Essence of Strategy • The essence of strategy lies in making deliberate choices about where to compete and how to offer unique value to customers, ensuring long-term profitability.
More like this
Recommendations from Medial
Samarth Sutrave
Building Framespark • 23d
❌ Don’t ask: Is the market crowded? ✅ Ask: Where is the market underserved? ❌ Don’t compete on services ✅ Compete on outcomes + positioning 100% correct hai yeh toh. Most people fight for attention in the same place. Very few look for the gaps whe
See More
Pulakit Bararia
Founder Snippetz Lab... • 11m
In today’s competitive world, brand positioning isn’t optional—it’s essential. here’s a breakdown of the five core brand positioning strategies that drive success: Attribute-Based Positioning Focus on a key feature of your product or service. Think
See More
Only Buziness
Everything about Mar... • 11m
Positioning Positioning defines how a brand is perceived in the minds of customers. Key strategies: 1. Product-Based Positioning: Highlighting the unique features or qualities of the product. 2. Price-Based Positioning: Emphasizing affordability o
See More
Atharva Deshmukh
Daily Learnings... • 11m
Blue Ocean strategy is a business approach that focuses more on such Blue Ocean areas. There are two types of market spaces(oceans): Blue and Red a] Blue Ocean is the new, uncontested market space, competition is negligible, increases profitability
See More
Download the medial app to read full posts, comements and news.