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Dealing with Competition
11 Dealing with Competition Marketing Management, 13th ed
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Balancing Orientations
Competitor- Centered Customer- Centered Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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Figure 1.1 Five Forces Determining Segment Structural Attractiveness
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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Industry Concept of Competition
Number of sellers and degree of differentiation Entry, mobility, and exit barriers Cost structure Degree of vertical integration Degree of globalization Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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Analyzing Competitors
Objectives Competitor Actions Strategies Strengths & Weaknesses Reaction Patterns Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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Figure 11.4 A Competitor’s Expansion Plans
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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Strengths and Weaknesses
Share of market Share of mind Share of heart Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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Table 11.2 Market Share, Mind Share, and Heart Share
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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Expanding the Total Market
New customers More usage Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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