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Atharva Deshmukh

Daily Learnings... • 6m

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

Anonymous 2

Hey I am on Medial • 6m

But its not a good thing na? I mean its 2025 rn, what is there that doesn't have a competition? And if you find something like that...would you want to be in that space?

1 Reply

Replies (1)

Anonymous

Hey I am on Medial • 6m

I disagree; we can see many recent examples of Blue Ocean strategies. For instance, the arrival of ChatGPT created a new market space, leading to the rise of competitors and benefiting users.

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