Showing posts with label Market Entry Strategies. Show all posts
Showing posts with label Market Entry Strategies. Show all posts

Sunday, 22 December 2013

Gurumurthy Kalyanaram on Pioneers v Late Entrants in Strategy Business

Market Entry Strategies:

Pioneers Versus
Late Arrivals

By Gurumurthy Kalyanaram mand Ragu Gurumurthy

What is the best way to move into a new market? If you do not have a first-in advantage, attack the one who does.

A N T  T O  B E King of the
WMountain in a new mar-ketplace? Here is some advice: be first, or a close second, and do not pause for breath. Others want to be King of the Mountain too. Even though you have a huge advantage in being first, you can lose it in the blink of an eye over pricing or service or lag-ging technology. Aggressive competi-tors have a vast array of weapons to knock you down.