Value Innovation
The simultaneous pursuit of differentiation and low cost, creating a leap in value for both the company and its customers, often associated with Blue Ocean Strategy.
The simultaneous pursuit of differentiation and low cost, creating a leap in value for both the company and its customers, often associated with Blue Ocean Strategy.
A market space that is already crowded with competition, where companies fight for market share, leading to intense rivalry and lower profitability.
The strategy and plan for launching a product to market, including marketing, sales, and distribution activities.
The competitive advantage gained by the initial significant occupant of a market segment, which can lead to brand recognition and customer loyalty.
A strategic research process that involves evaluating competitors' products, services, and market positions to identify opportunities and threats.
The process of gathering and analyzing information about competitors to inform business strategy and decision-making.
The systematic investigation of competitor activities, products, and strategies to gain insights and inform decision-making.
The use of behavioral science insights to inform and guide strategic decision-making in organizations.
Obstacles that make it difficult for new competitors to enter an industry, such as high capital requirements, strong brand loyalty, or regulatory hurdles.