Blue Ocean Strategy A Case Study on Salesforce.com Presented by : Ashley Molina Niranjan Zende Siddharth Kumar Zain Yusuf What is a Blue Ocean ??? Blue ocean is nothing but an analogy to describe the wider‚ deeper potential of a market space that is yet to be explored. They may be termed as industries which are • non-existent today • Untainted by Competition • Demand is created and not fought over • Growth is profitable and rapid • Competition is made irrelevant The theory is in direct opposition
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Blue ocean strategy is a business concept that focuses on doing business along the line where there is no competitor or little or no competition; rather it seeks to create new opportunities for business instead competing for space in the already saturated horizon. It does this by either creating entirely new product in a market or reinventing already existing product in such a unique way that will meet the needs the of the market in a way that has not existed before. It adds value to the market while
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Blue Ocean Strategy Paper MKT/421 July 21‚ 2014 Anatomy of Blue Ocean Strategy In order to process the nature of a blue ocean entity‚ it is imperative to grasp the point of derivation‚ which is otherwise known as a red ocean. A red ocean‚ which is polar to a blue ocean‚ generates its namesake from a literal representation. Imagine a feeding frenzy in the middle of the ocean; the water turns red with the victim’s blood as predators compete for survival. Now‚ apply
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Cost Leadership By definition‚ a cost leadership strategy involves placing great emphasis on efficiency in all organizational activities in order to reduce the overall costs of products delivered to customers. Low cost leadership strategy will work effectively when the organization can provide products/services at a lower cost than the competition. The followings are the realms that we identified as factors for IKEA’s pursuit for “Cost-Leadership” 1. Mail-Order Service‚ Distribution of Catalogue
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visiting a Primark store‚ it was out of desperation. My view of Primark is one of trepidation. It is the equivalent of fashion suicide. However‚ in these times of hardship‚ I undertook the task of shopping at Primark for a plain black skater skirt‚ for a concert the following week. Having dragged myself around half of Westfield Shopping Centre‚ I thought Primark was the most likely place to find a skirt‚ without braking the bank and avoiding the quagmire of credit card debt. After all‚ Primark is now
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Corporate Social Responsibility - Primark Primark’s products are mainly sourced from suppliers in Europe and Asia. Its key sourcing countries are China‚ India‚ Bangladesh and Turkey. Primark has initiated a programme of activities which supports its corporate social responsibility (CSR) stance and ensures that its trading meets the company’s values and ethical standards. Corporate social responsibility represents the responsibility that a business has towards all its stakeholders‚ not just
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* FOCUSED OR NICHE STRATEGY WHAT IS FOCUSED OR NICHE STRATEGY? * Focus strategy based on low-cost * Concentrate on a narrow customer segment beating the competition on lower cost * Focus strategy based on differentiation * Offering niche customers a product customized to their needs * Overall objective of both focus strategies is to do a better job of serving a niche target market than competitors * Keys to success * Choose a niche were customers have a distinctive
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A Term Paper Entitled: “Marketing Strategies on the 21st Century Open Job Opportunities for the Filipinos” Submitted as a Partial Fulfillment of The Requirement in English Communication 2‚ 10-11 a.m.‚ MWF‚ SV 304 Submitted by: Madrigal‚ Allan Jr. Tenorio BS Business Administration Submitted to: Mr. Rolando R. Calubayan March 6‚ 2013 Statement of the Problem The researcher attempts to answer the following questions in this research study: • What companies
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Analysis of Allied military strategy in World War II illustrates Dale C. Eikmeier’s concept of operational approach‚ the importance of the Arcadia Conference‚ and the influence of classical military theorists. The operational approach in “Plan Dog” and the “Victory Plan” addressed one of Eikmeier’s design questions. The approval of the Germany First strategy made the Arcadia Conference the most important conference between Allied strategists. The adherence to Clausewitz and Sun Tzu by the United
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Compare and contrast the marketing strategies of Li Ning domestically and internationally With the development of Chinese economy‚ sports industry has become one of the new industries in china‚ which has large market size and high growth rate (Qinqin‚ n.d.). In Chinese sports area‚ Li Ning brand‚ built by famous gymnast Li Ning (Enright‚ 2012)‚ is the market leader and owns about 8000 hypostatic shops domestically (Zhang‚2011). Similar to some international famous brands like Nike and Adidas
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