how can market leaders expand the total market and defend market share?
TRANSCRIPT
Competitive dynamics
How can market leaders expand the total market and defend market share
To stay number one
Find ways to expand total market demand.
Protect current share.
Increase market share.
Ways to
Expand Total Market
Captivate New Customers
Market Penetration Strategy
New Market Segment Strategy
Geographical-expansion Strategy
More Usage
Additional Opportunities to Use the Brand
Find new ways to Use the Brand
Increasing frequency of
consumption
Asian Paint ad during the Festive Season
Increasing frequency of consumption
Gillette Razor
Ways to
Protect Market Share
PROACTIVE Marketing
Ready to take risks
Have a vision of the future
Capabilities to Innovate
Flexible to ever-changing demands
Managers to think proactively
Defensive Marketing
Six types of Defense
Strategies
Created by Dipanshu Sehjal, IIIT Allahabad
During a Marketing internship under
Prof. Sameer Mathur, IIM Lucknow
(See www.IIMInternship.com)