13
Competitive dynamics How can Market Expand the Total Market and Defend Market Share?

Expand market & defend the market share

Embed Size (px)

Citation preview

Competitive dynamics

How can Market Expand the Total

Market and DefendMarket Share?

First thing First

Increase Total

Market Demand

Attract New Customers

Create More Usage

2 Ways to Expand Market

Demand

Method 1: Attract New Customers

Adapt to these Strategies

Market Penetration

New Market Segment

Geographical Expansion

ACT II Popcorn

Attract New Customer

Method 2: Create More Usage

Additional Opportunities

to Use the Brand

Finding New Ways to Use the Brand

Key Points

To Increase the Frequency of Consumption: Bring Innovation in Product

Micromax LED TV Kurkure New Variants

Pro-ActiveMarketing

DefensiveMarketing

2 Ways to DefendMarket Share

Method 1: Pro-Active Marketing

Key Requirements

Innovation

Risk Taking Capacity

Future Vision & Willingness of Investment

Future Vision & Willingness of Investment

Pro-Active Marketing: Apple

Method 2: Defensive Marketing

Avoid Losing your

Customer Base

Key Defensive Strategies

Increase your Market share

• Differentiate Your Business

• Promote Your Product

• Know your Audience