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STRATEGY CLOCK
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PRESENTATION BY KROMA
HIGH
Differentiation
STRATEGY differentiation
CLOCK
UNITY OR VALUE
The Bowman’s Strategy Clock was
developed by the two famous economists Increased price /
Low price
Cliff Bowman and David Faulkner. The Standard product
main focus of the model is to make the
companies aware of their position in the
market as compared to their competitors.
Low values /
Standard price
FOCUSED DIFFERENTIATION
LOW PRICE & LOW This strategy is about quantity selling. The products or services are
VALUES low in value and the price point is the lowest possible. The
combination makes it the least competitive area on the Strategy
Clock.
BOWMAN’S
STRATEGY CLOCK
LOW PRICE & LOW The Bowman’s Strategy Clock was developed by the two famous economists Cliff Bowman
VALUES and David Faulkner. The main focus of the model is to make the companies aware of their
position in the market as compared to their competitors.
LOW PRICE
HYBRID
Low Price, as the name suggests, is a strategy about becoming the
lowest cost option for buyers in the marketplace. It’s a strategy
that can have low margins, so process efficiency and cost
reduction is key for it to be successful
BOWMAN’S
STRATEGY CLOCK
HYBRID The Bowman’s Strategy Clock was developed by the two famous economists Cliff Bowman
and David Faulkner. The main focus of the model is to make the companies aware of their
position in the market as compared to their competitors.
HYBRID
The Hybrid position sits between low price and differentiation. It’s
DIFFERENTIATION
around ensuring the price is competitive, ideally with a low
perceived price from buyers, while promoting the added value
aspects of the product.
DIFFERENTIATION
BOWMAN’S
FOCUSED
HYBRID
DIFFERENTIATIO
N
STRATEGY
CLOCK LOW PRICE
INCREASED
PRICE /
STANDARD
PRODUCT
The Bowman’s Strategy Clock was developed by
the two famous economists Cliff Bowman and
David Faulkner. The main focus of the model is
to make the companies aware of their position
in the market as compared to their competitors. INCREASED
LOW PRICE &
It is purely a marketing model that helps the PRICE / LOW
LOW VALUES
VALUES
companies to analyze their position in the
market. As per Bowman, the factor of LOW VALUES /
competitive advantage is then the factor of cost STANDARD
advantage as it works as a distinctive element PRICE
for the company and harps on the strategic
positioning and the overall positioning of the
product in the market.
DIFFERENTIATIONS STRATEGY DANGEROUS STRATEGY LOW PRICE STRATEGY
The companies opting for the The companies using this strategy The companies following this
differentiation strategy of the from the model charge high prices strategy of the Bowman’s Strategy
Bowman’s Strategy Clock tries there for the products that are perceived as Clock often produce large quantities
level best to offer the products mediocre in value by the customers. of the products plus their products
are valued in the target market.
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