Michael E Porter known 4 conceivable aggressive methods within the accumulation “Competitive Advantage” revealed in 1985 to bring to succeed in a greater outcome than the contest within the business. The type trade in with 4 methods, those are Price Management, Differentiation, Price Center of attention and Center of attention Differentiation. Those 4 methods must be visible as a continuation of Porter’s 5 Forces. However now it’s in particular about how a company can succeed in a good aggressive place within the business.
Category
0:00 Advent
0:36 The fashions two major categories method a matrix with 4 grounds
2:51 Price management
3:50 Differentiation
6:05 Two center of attention grounds
7:42 Price center of attention
8:33 Center of attention differentiation
9:44 Caught within the heart – disagree cloudless technique
11:00 An instance – Purses
12:42 Complaint of the type
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Super helpful! Thank you!
Thank you so much, this is very helpful!
Thanks, fascinating video!! Excellent review of Porter! 1 4 U: a new book on "Strategic Advantage": https://youtu.be/Die7Z7L5czM
that voice tho.
Watch this at 1.25x speed. Thank me later.
Thank you sir this has helped me a lot
Wow! I like how you teach, slowly and understandable!
Thank you!
Your teaching style is good but include more examples so, that we can understand it clearly. Just explaining the table is not enough. Thank u
amazing explanation, with detailed difference between focus and broad market!!
Thanks! Super clear communication!
good.
Competitive advantage means gaining the desired position in the market, which results in more customer acquisition and profitability. Competitive advantage makes a company’s brand or products differentiate from competitors’.
https://retiba.com/academy/business-strategies/competitive-advantage/
Smart pricing strategy, differentiation, branding, marketing, asset all serve to create a brand or produce a different product or service that is superior to other competitors. The goal of all of these strategies is to ultimately achieve a competitive advantage that will give access to a wider range of customers and thus achieve greater profits than the average market profit.
This Video helped me massively. So clear and concise! (amazing how many vids on You tube are not) Thank you!
Excellent! Is generic strategies considered as a tool for strategic review ?! If not what the the tools we we use to review strategy?
Thank you sir..very well explained👏👍
hold a rope, snort some coke. thats what my business professor always said!
Thank you for clear explanation you deserve my subscription, Would you able to make new video if we requested?
I understand in a better way the forces thank you
Thank you 👏
Thank you very much for this clear explanation!
very well explained! Thanks a lot!
very good information with voice versa
Thank you🤞🏾👏🏾👏🏾👏🏾