how can market leaders expand the total market and defend market share?

12
Competitive Dynamics Oh my God!!! where to go?

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Page 1: How can market leaders expand the total market and defend market share?

Competitive Dynamics

Oh my God!!! where to go?

Page 2: How can market leaders expand the total market and defend market share?

How can market leaders expand the total market and defend market share?

Page 3: How can market leaders expand the total market and defend market share?

Expansion : By finding (A)New customer

They are among three groups:

1.Those who might use it but do not

Page 4: How can market leaders expand the total market and defend market share?

2.Those who have never used it

Page 5: How can market leaders expand the total market and defend market share?

3.Those who lives elsewhere

Page 6: How can market leaders expand the total market and defend market share?

B . More usage

Page 7: How can market leaders expand the total market and defend market share?

Manufacturers boosts the amount by packaging or product design

Consumers use more of impulse products such as soft drinks and snacks when product is made available

Page 8: How can market leaders expand the total market and defend market share?

Increasing frequency consumptions requires

Identifying additional opportunities to use the brand in same basic way

Identifying completely new and different ways to use the brand

Page 9: How can market leaders expand the total market and defend market share?

How can we defend Market Share?

Continuous inovation

Front –runner should lead company Develop new products,

distribution effectiveness, cost cutting

Continuous innovationFront-runner

should lead the company

distribution effectiveness, cost cutting

Page 10: How can market leaders expand the total market and defend market share?

New ways to use the brandNew ways to use the brand

Page 11: How can market leaders expand the total market and defend market share?
Page 12: How can market leaders expand the total market and defend market share?

Sameer MathurIndian institute of Management Lucknow

Marketing professor 2013-

Marketing professor 2009-13

Ph.D and MS(marketing)2003-2009

Madhusudan DahalNational Institute of Technology surat

intern