Professional Documents
Culture Documents
Dealing
with Competition
Degree of globalization
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 7 in
Competitive Markets
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 8 in
Competitive Markets
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 9 in
Competitive Markets
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 10 in
Competitive Markets
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 11 in
Competitive Markets
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 12 in
Competitive Markets
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 13 in
Competitor Analysis
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 14 in
Competitor Analysis
Competitive Positions in
the Target Market
• Dominant • Tenable :defendable
• Strong • Weak
• Favorable • Nonviable: not correct
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 15 in
Table 11.1 Customer Ratings of
Competitors on Key Success Factors
Share of heart;
preferring to by from
Market
Challengers
Market Market
Followers Nichers
Slide 21 in
nd
To accompany A Framework for Marketing Management, 2 Edition
Chapter 8
Designing Competitive
Strategies
• Expanding the Total Market:
• Targeting Product to New Users
• Market-penetration strategy
• New-market strategy
• Geographical-expansion strategy
• Promoting New Uses of Product
• Encouraging Greater Product Use
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 22 in
Figure 11.4 A Competitor’s
Expansion Plans
• Position • Counteroffensive
defense defense
• Flank defense • Mobile defense
• Preemptive • Contraction
defense defense
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 25 in
Designing Competitive
Strategies
• Before Attempting to Expand Market
Share, Consider:
• Probability of invoking antitrust action
• Economic costs involved
• Likelihood that marketing mix decisions
will increase profits
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 26 in
Figure 11.7
Optimal Market Share
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 28 in
General Attack Strategies
Encirclement
Bypass Attack
Attack
Guerrilla Warfare
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 11-29
Designing Competitive
Strategies
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 30 in
Competitive Markets
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 32 in
Market Follower Strategies
Counterfeiter
Cloner
Imitator
Adapter
• Competitor-centered companies
evaluate what competitors are doing,
then formulate competitive reactions
• Customer-centered companies focus on
customer developments when
formulating strategy
nd
To accompany A Framework for Marketing Management, 2 Edition Slide 36 in