Preview

Employee Motivation

Better Essays
Open Document
Open Document
989 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Employee Motivation
CASE 2 ENTELLIUM, DIGG, PEERFLIX, ZAPPOS, AND JIGSAW: SUCCESS FOR SECOND MOVERS IN E-COMMERCE Case Study Questions: 1) Is the second-mover advantage always a good business strategy? Defend your answer with examples of the companies in this case. Front-runner businesses can: Increase services given during and after a sale, intended to guarantee a satisfied customer. Although the product you sell through e-commerce may completely satisfy the customer, the extra services given by company will often determine whether it get repeat and referral business. Poor or nonexistent customer service can result in negative word-of-mouth advertising that will turn people away from company business. Using secure protocols in electronic payment service and support the mutual trust and secure access between the parties in an e-commerce transaction by authenticating users, authorizing access and enforcing security features. Front-runner businesses can build a good reputation for high quality, guaranteed satisfaction, and top customer support while shopping and after the sale service. This would challenge the second-movers and make it a little more difficult to compete against the front-runners. Front-runner businesses can watch and examine the second-movers and improve on their plans and strategies. Front-runners can offer new, smart, attractive, and innovative products and services at competitive prices. Increase their ownership and control through acquisition. This is where one organization purchases another so that the buyer assumes control. Increase the amount of investment needed to enter into the market, thereby deterring attempts made by the second-movers to reach in ‘first place’ or discouraging them from competing at all. Form contracts with main suppliers and manufacturers in the market. Keep all of their business plans and strategies confidential. This

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Biopure case memo

    • 451 Words
    • 2 Pages

    first to market cannot be squandered. As the sole entrant to the market we have the opportunity to have the…

    • 451 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Comm 210 Review

    • 3705 Words
    • 15 Pages

    First Movers: First to hire managers, to grow, move. Once a firm loses the opportunity to be a first mover, it is difficult to regain competitive advantage.…

    • 3705 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Comm 210

    • 3731 Words
    • 15 Pages

    First movers: Companies that quickly dominate their industries by making large investments and gaining competitive advantage…

    • 3731 Words
    • 15 Pages
    Good Essays
  • Satisfactory Essays

    Snuggie vs. Slanket

    • 274 Words
    • 2 Pages

    3) First mover in a market has the opportunity to capture market share and gain economies of scale, effectively dominate their pioneered niche. Second movers enter the market having observed and learned from mistakes of the first-mover. They hold a myriad of opportunity to differentiate themselves from the existing perceived ‘monopoly’ through the likes of price point, ease of distribution, or stellar client service relationships. Second-movers also don’t have to incur high R&D costs, and their marketing is focussed more on differentiators from the first-mover, rather than educating consumers about the product…

    • 274 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    and number one in profits. However, it is more important to make a profit and…

    • 1800 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Business Strategy

    • 3166 Words
    • 13 Pages

    delivering superior value to buyers and building competencies and resource strengths in performing value chain activities that rivals cannot readily match.…

    • 3166 Words
    • 13 Pages
    Good Essays
  • Powerful Essays

    Power Trip

    • 2131 Words
    • 9 Pages

    The concept of first mover advantage is referring to any advantage that is gained by the first…

    • 2131 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    • Dominate the Luxury category. Firm C is one of only two competitors in this category which is the fastest growing category (8%) in the market. Also, competition is neck-to-neck in ratings (4-2-2-2 vs. 2-4-2-2).• Gain a significant share in the Family category. The dominant advertising theme in the category is Styling (Effiz, Defy, Cafav) but the competitors have a rating of 1 while Cafav has a rating of 2.• Entering the Sports category. There is currently only one firm in this category (firm B with 'Buzzy'), and this is a category in which technology capabilities are significant in order to produce a car with high ratings. Other competitors, particularly firms…

    • 433 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    When a company is the first to market with a competitive advantage, this is called a first-mover advantage. All of the following companies were first-movers except ____________.…

    • 1598 Words
    • 7 Pages
    Satisfactory Essays
  • Powerful Essays

    keeps the business 'top of mind ' and builds on the businesses ' 'equity position ' in the market…

    • 2621 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    E-Commerce Ch 1 Review

    • 536 Words
    • 3 Pages

    5. Many business analysts have discussed the concept of the first-mover advantage. What are some of the disadvantages of being a first mover?…

    • 536 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    WHAT FORM OF BUSINESS OWNERSHIP (SOLE PROPRIETORSHIP, PARTNERSHIP, OR CORPORATION) WILL YOUR BUSINESS TAKE? WHY DID YOU CHOOSE THIS FORM?…

    • 3035 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Motivation and Employees

    • 1123 Words
    • 5 Pages

    Setting long term and short term goals both help to guide employees in what is they are reaching for and it also gives them some accountability along with receiving incentives for accomplishing the goals they set. It also gives a…

    • 1123 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    in turn offering exceptional service delivery to their customers, are very likely to be ahead…

    • 2954 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Stuck in the Middle

    • 312 Words
    • 2 Pages

    Michael Porter (Harvard Business School) originally discussed the problem of “stuck in the middle.” He said that the profitability of firms depends on the firm’s position and competitive advantage in that industry. He argued that competitive advantage derives from one of two strategies: cost leadership or differentiation of products or services.…

    • 312 Words
    • 2 Pages
    Satisfactory Essays