Blue Ocean Strategy🌊 Most businesses compete in a red ocean crowded markets where everyone is fighting for the same customers. But what if you didn’t have to compete? What if you could create your own market where there’s no competition? That’s the Blue Ocean Strategy. It’s 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 didn’t 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: ✓Eliminate what people don’t value. ✓Reduce costs where it doesn’t hurt quality. ✓Raise standards where it matters. ✓Create something new and exciting Take example, Amul didn’t just sell milk. They made dairy affordable, high-quality, and relatable. Now, they’re leaders in a ₹70,000 crore industry. Blue ocean strategy isn’t about competing better, it’s about creating your own path.
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