Product Differentiation Essay Examples
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Executive Summary Nowadays, the service industry, especially banks, faces increasing competition. In such environment, differentiation is necessary. The general purpose of this thesis is to understand how a bank can achieve differentiation based on a marketing approach. Two research questions will respectively examine the three additional P’s of the marketing mix (People, Presentation or Physical […]
Porter’s Five Forces ForcesGradeNote Segment Rivalry Strong The current market is divided between a few powerful competitors that can relatively easily attract customers from one another as the switching costs are low and practical absence of product differentiation contributes to the easy loss of market share. Threat of Mobility Weak While the new entrants only […]
Established in 1920, Bengal Waterproof Ltd (BWL) holds the title of being India’s pioneer waterproof products company. Known for its popular “Duckback” brand, BWL is a dominant player in the local market for rubberised consumer goods and protective wear. The company caters to a wide customer base, ranging from households to government institutions and defence […]
According to Porter, a competitive strategy must align with the opportunities and threats found in the external environment. This strategy should be built upon knowledge of industry and economic changes. Porter identifies five forces that impact all industries, dictating the level and pathway of competition, and ultimately influencing industry profitability. The objective of strategic planning […]
The article focuses on the main aspects of Value chain analysis. The activities entailed in the framework are discussed in detail, with respect to competitive strategies and value to the customer. The article includes tips for students and analysts on how to write a good Value chain analysis for a firm. Moreover, sources of findings […]
. Soft Drink Industry Five Forces Analysis: Soft drink industry is very profitable, more so for the concentrate producers than the bottler’s. This is surprising considering the fact that product sold is a commodity which can even be produced easily. There are several reasons for this, using the five forces analysis we can clearly demonstrate […]
Elevator pitch Le Petit Chef faces a usual challenge: how to keep on growing on a mature market when differentiation though innovation is more and more expensive and profit tends to drop because of increased competition. Microwave oven has been a disruptive technology. For a mature technology, it is more a matter of optimizing the […]
The original model by Porter identified five forces that would affect an organization’s behavior in a competitive market. These forces include the rivalry among existing sellers, the power of customers, the influence of suppliers, the potential threat of new sellers, and the chance of substitute products emerging. In order for organizations to formulate successful strategies […]
1. JetBlue’s Mission David Neeleman found JetBlue in 1999 with the mission “to bring humanity back to air travel”. This goal is achieved by creating a company that offers comfortable, friendly travel at low fares and by this to differentiate themselves from the mass. JetBlue has always identified itself as a customer service company first, […]
Understanding the concepts of differentiation and integration are quite important for an organization and both of them are widely used when the environments are uncertain. The differentiation is basically the difference in the products and services of an organization and the core objective of differentiation is to develop a unique attribute in the products and […]
However, Wendy’s also face threats in achieving its goals. One is the enforcement of stricter regulation in advertising and food standards of fast food because of the burgeoning issue of obesity. Although Wendy’s distinguishes itself as a healthy fast food, the bad publicity received by fast food companies could negatively affect Wendy’s performance, especially if […]
Attributes refer to the characteristics or properties of a particular product, brand, service, advertisement or any object of interest in a market research context. Market and brand research often focus on identifying the most impactful features of a service, such as the cooking classes offered at Macy’s. These classes possess several attributes, such as exceptional […]
Porter (1986), known as the Father of Competitive strategies, identified five driving forces of competition in an industry. He provided a list of these forces and explained their application within the industry. These strategies include: The threat of new competitors entering the industry, which poses a major competition challenge. When a new competitor enters, there […]
Introduction ASOS is an international fashion retailer, which offers an extensive line of products, varying from high street to luxury items. Success and rapid growth of the company was achieved trough a well- planned orporate strategy, using their resources and capabilities in a way that would profit the company. “Strategic planning is the process by […]
This case study deals with Samsung Electronics and its evolvements thorough the years of activity. The semi-conductor industry in which Samsung participate is highly competitive and very dynamic. Thus, in order to analyze the case properly, we must know first the ropes of the industry, and afterwards dig in the company itself. Porter’s 5 forces […]
Air flight is becoming closer and closer to our lives. A biggest advantage of air flight is speed, for example, in order to travel from Saigon to Hanoi, it takes at least 36 hours by bus, 24 hours by train but only 2 hours by flight. Completion in airline industry is increasingly intense when many […]
1. Panera Bread’s strategy is to make great bread broadly available to consumers across the US. The vision was to provide consumers with a high quality, authentic, fresh-dough artisan bakery and upscale quick-service dining experience. The following key elements comprise the Panera Bread strategy: a. Capitalize on market potential by opening both company-owned and franchised […]
Thousands of companies, including those in the breakfast cereal industry, commonly engage in creating value for customers and building strong customer relationships to receive value in return. The Kellogg’s Company is the chosen manufacturer of a lightly toasted breakfast cereal for this assignment. The United States was introduced to the cereal in 1956, which was […]
Jamba Juice and its immediate competitors operate under the industry entitled “snack and nonalcoholic beverage bars” [ (U. S. Census Bureau) ]. According to the U. S. Census Bureau the official description of the snack and nonalcoholic beverage bars is as follows: “This U. S. industry comprises establishments primarily engaged in (1) preparing and/or serving […]
The building blocks of competitive advantage are efficiency, quality, innovation, and customer responsiveness. These building blocks are generic in that they provide four basic ways to lower cost and achieve differentiation. Any firm can adopt these no matter what industry it is in or what product or service it provides. Efficiency is based on the […]
In 1952, The Broadway Cafe opened its doors for business. Located in downtown Saratoga Springs, the cafe specializes in a wide variety of coffees, teas, homemade sandwiches and soups and also offers a full service bakery. For quite some time the Cafe was the local hotspot. However for the last five years business has been […]
Industry Rivalry : The industry rivalry within the specialty coffee industry has changed dramatically since 1987. Unlike the early days of the specialty coffee industry when Starbucks competed primarily against other small-scale specialty coffee retailers they now compete against companies of varying sizes and different exposures to specialty coffee. Starbucks competes with a variety of […]