How to Develop Competitive Advantage

[MrSmasher1985]

and the easiest way to understand the competitive advantage is like,any website when you buy staff you get discount this one advantage,such ad sell items you don't own, but that are available in your market, by listing wholesaler products on a website that is updated with wholesaler availability, and that shares quantity discounts with your customers.

regards wish that makes sense

[goldy1011]

true market food niche for asian and have a perfect taste... j40 (dot) in/jjpzAk

[kowokiwi]

Hi Erica.

Thanks for these videos.

They really help me to prepare for my Marketing finals!

[jblev2]

Competitive advantage is bullshit in many circumstances

[JJbones88]

@jblev2 Such as

[jblev2]

@JJbones88 Where there is competition and lower prices will always prevail

[JJbones88]

@jblev2 depends how you look at it, if you're business is higher priced yet you have better customer service and product knowledge you will get folks who appreciate this and shop at your store. however with only lower prices that attracts the bottom feeders. you have to choose your customers and be sure they fit the values of your company because if they don't they can be a waste of your time, plus will likely rarely be happy with you.

[jblev2]

@JJbones88 this isnt just a business model, but a model that michael porter claims entire nations will adopt, and your local company isnt the issue, imagine any company that buys materials for production, the goods have to be of such a quality and the bottom dollar will always win, all the time, and it is not just about creating a good product for the price, when walmart RAISES their ketchup prices they sell more ketchup, because people are poor and want to spend more money to feel good about it

[MatureMarketing]

If anyone is intrested in targetting the over 50s. Then follow me on twitter to ask any questions you wish.

[asifazeem231]

it seems you have put your all experience in just a few minutes.

it was excellent learning curve for me.

this was really the crux of the subject.

many thanks, erica.

[raphaelrey]

Excelent again!!! ....very clear in a nice way...its in you ADN ...thanks!

[tbointernational]

Thank you very much for sharing these inputs.In today's day and age, it is absolutely imperative to know first what competitive advantage is and then execute it accordingly.

[virtualstrategist]

@tbointernational Thanks. Glad you got so much out of the videos.

[zulfi721]

thank you so much for a nice 4 minute presentation and u have a grip on the topic...

[zulfi721]

thank you so much for a nice 4 minute presentation and u have a grip on the topic...

[chazarilla2]

she is hot

[southcop]

If I were you I'd speak slower, you have no Idea how helpful is to give your words one second or two to fully come out!! People digest better though!!

[philipjterry]

get to the point quicker

[spynx2006]

You have explained it well...and definitely very attractive...

[Angel4u82]

amazing..i like listening to this lady :)

[galendracos]

Wow...simple yet powerful. Good tools for the toolbag. Many thanks!

[100Explorer100]

competitive advantage is something, say a resource that allows your company to overcome competitive forces in a market place

obviously, it needs to be of value and rare, otherwise it will provide you with a state of competitive parity only

It is crucial that it will be difficult to re-create or duplicate, and there will be no close substitutes to it, otherwise it would provide you only with a temporary advantage, and not a sustainable one

cool video, though

thank you

r.

[talikotisandy]

good

[anilm2010]

Excellent and Concise Explanation Erica.

Great Job :)!

I will forward this vid to my friends!

Cheers!

[mokauroots]

Thank you :)

[NicheID]

Hi there Erica, I must say that you have given quite a clear and concise defination of the subject. It has saved me months and even money of having to go sit in a class room to learn a concept that you have explain in less than 5min. I wish more people will view your presentation. Thanks and keep up the great work. I will watch the other subjects.

.

[GarwoodNick]

I agree, she's really hot. AND great presentation. Not really sure which order those should go in :-)

[wqwqwq2121]

I can't belive it.....

you are very cute and smart.

easy and clear lecture.

Are you a teacher or what???

[ljuarez714]

this is good, theres some other good videos on tutormetvdotcom. It helped me with my midterms