The Ultimate Business Competition Guide : Reverse Engineer The Competition And Make 'em Eat Your Dust!

Author: Aiden Sisko  

Publisher: JNR Publishing‎

Publication year: 2015

E-ISBN: 9781311058430

Subject: C934 Decision Theory

Language: ENG

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Description

(excerpt)
If you gain a thorough understanding of the dynamics of competition in your  industry, you can easily develop a custom-fit, yet highly effective business strategy by answering one simple question: Are there any obstacles stopping you from doing things, other companies cannot!
If you answered “yes” to this question, you are going to find strategizing to be a critical aspect of your business model. Any profits made will be directly related to the level of skill you display in defensive strategy, as well as in your management techniques. Always be prepared to engage in the identification, understanding, anticipation, and influence!
 
Table of Contents
Introductions
Do You Have a Competitive Advantage?
Economies of Scales
Branding
Competitive advantages
Fixing costs across a very wide span to gain competitive advantage
The core elements of efficiency include:
The need for efficiency can be seen clearly in the following:
Optimizations and efficiency
You have to upcharge.
There is expense when differentiation is involved.
Is There Any Individual Firm or Company that is Dominant?
Game Theory: Bargaining and Cooperation Tactics
“The Prisoner’s Dilemma”
Implement Reward Systems
Keep Away From Comparing Products on a Direct Basis
Interact socially in your industry
Develop Perk programs and Loyalty programs

Chapter

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