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Competitive Analysis (5) Managerial Marketing MAR 331
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Competitive Analysis (5) Who are your competitors What are your relations with your competitors? How do you learn about your competitors? Where do you compete?
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Competitive Analysis(5) When do you compete? How do you compete? How do you position your product?
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Who are Your Competitors? Current competitors Potential entrants
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Current Competitors Perceptual Maps Identifications of key dimensions Ideal points
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Potential entrants Barriers to entry Economies of scale Product Differentiation Capital requirements
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Other barriers Buyer switching costs Access to distribution channels Cost advantages Governmental policies
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What are your relations with Competitors? Conflict Competition Coexistence Cooperation Collusion
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How did you learn about your Competitors? Information gathering system Competitive audit
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Where do you Compete? Avoid competition Attack leader
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Where do you Compete? Core markets Niche markets
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When do you Compete? The Sleeping Giant Strategic Windows
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How do you Compete? Attack Strategies –frontal –flanking –encirclement –bypass (non-confrontation
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How do you Compete? Defense strategies
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How do you position Your Product? Majority Fallacy Repositioning
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