Cost leadership is like selling and buying of few daily used products in cheaper but may be marginally lower price but in better quantity as the whole of the market is concerned thus the competitive advantage may be distributed and perfect market will be risen.

Thank you 😊

3 primary form of competitive market cost advantage - reducing cost offer advantage - differenting a product by adding a new feature niche advantage - giving a special segment of market

@questusmarketingknowledge

11 ай бұрын

Exactly. Very accurate summary 🙂

@ngahsanyuy

9 ай бұрын

a gree with you

The best explained more than my doctor!!!!! Thank you

Thank You. It's a really informative video. In the matrix at the beginning of the video, overall cost leadership and differentiation has to be interchanged.

@questusmarketingknowledge

7 ай бұрын

Many thanks for your kind words 😊 And thank you for pointing at an oversight we've made. Of course, cost leadership is low cost position and differentiation is uniqueness 🔎

Very nicely & precisely explained. #Good_job ❤️

@questusmarketingknowledge

2 жыл бұрын

thank you :)

Great video

@questusmarketingknowledge

2 жыл бұрын

Thanks! 😍

What is the best competitive strategies that has a great impact to global corporation?

Michael Potter

what is the difference between competitive positioning strategy and competitive marketing strategy

@questusmarketingknowledge

7 ай бұрын

Competitive positioning mainly highlights the differentiators (PoD - Points of Difference), marketing strategy should indicate the target group in addition to the differentiators 😊