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Medialย โขย 1y
Blue Ocean Strategy๐ Most businesses compete in a red ocean crowded markets where everyone is fighting for the same customers. But what if you didnโt have to compete? What if you could create your own market where thereโs no competition? Thatโs the Blue Ocean Strategy. Itโs about doing something different, finding untapped opportunities, and creating demand where none exists. Think about Apple with the iPhone or Zomato with food delivery they didnโt follow the crowd, they changed the game. Fact: 86% of successful innovations create new demand instead of fighting in crowded markets. ERRC is the key: โEliminate what people donโt value. โReduce costs where it doesnโt hurt quality. โRaise standards where it matters. โCreate something new and exciting Take example, Amul didnโt just sell milk. They made dairy affordable, high-quality, and relatable. Now, theyโre leaders in a โน70,000 crore industry. Blue ocean strategy isnโt about competing better, itโs about creating your own path.

Daily Learnings...ย โขย 1y
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
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Arizona State Universityย โขย 8m
โญ Blue Ocean Strategy: Find Your Own Peaceful Pond! Imagine the business world. Most companies are in a 'Red Ocean': it's like a crowded pond, full of fish (competitors) fighting over the same food (customers). Everyone's battling, making the water
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ADJUVA LEGALยฎย โขย 9m
Learn & Earn (Pt. 4) ๐ง Escape the Shark Tank! ๐ฆ Create Your Own Blue Ocean! ๐ Is your startup constantly battling it out in a crowded "Red Ocean" ๐ฉธ โ fighting hard for every customer, where competition is fierce, and profits often get squeezed
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Baki sab thik ?ย โขย 1y
Is your startup idea stuck in a red ocean? ๐Red oceans represent crowded markets with fierce competition. Blue oceans, on the other hand, are uncontested markets ripe for innovation. Let's use Medial as an example. In Medial's case red ocean ex:
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CHAIRMAN - BITEX IND...ย โขย 1y
๐ DAILY BOOOK SUMMARY ๐ ๐ 11 Lessons from ๐ ๐ฅ Blue Ocean Strategy ๐ฅ By W. Chan Kim ๐ฏ 1. Definition of Blue Ocean Strategy โข Focuses on creating uncontested market spaces rather than competing in existing ones. โข Aims to render compe
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Building Framesparkย โขย 2m
โ Donโt ask: Is the market crowded? โ Ask: Where is the market underserved? โ Donโt compete on services โ 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
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Set2Scoreย โขย 1y
A must-read book for entrepreneurs on creating your own space in a competitive market, or, I would say, making the competition irrelevant. That's " Blue Ocean Strategy book " ๐ Let me know your views in the comment if you have read this book :)...

BIT'Mesra Undergrad|...ย โขย 1y
Competition should not accupy the centre of strategic thinking This line hits me... Are you a business owner or starting out I would recommend a Book "Blue Ocean Strategy". This book is for business working on bigger view... But it's full of p
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Hey I am on Medialย โขย 1y
Some Famous Books free Download Link - 1=} 101 Problem solving techniques โ https://drive.google.com/file/d/18VCYN7c5PhO06_J2KlGFAMYaKl0ccFq8/view?usp=drivesdk 2=} The lean startup โ https://drive.google.com/file/d/18TXSu8nKp6J674Kf2plao6pippv
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Hey I am on Medialย โขย 1y
list of books that are taught at Harvard University, particularly in their business programs: 1. "The Innovator's Dilemma" by Clayton M. Christensen 2. "Good to Great" by Jim Collins 3. "Blue Ocean Strategy" by W. Chan Kim and Renรฉe Mauborgne 4.
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