The most powerful business strategies depend on context, but three consistently impactful ones are:
Differentiation: Creating a unique value proposition that sets you apart from competitors, like Apple’s focus on design and ecosystem integration. It builds brand loyalty and justifies premium pricing.
Cost Leadership: Offering the lowest prices through operational efficiency, like Walmart’s supply chain mastery. It captures market share and creates barriers for competitors.
Customer-Centric Innovation: Relentlessly solving customer pain points through innovation, like Amazon’s one-click shopping or same-day delivery. It drives retention and word-of-mouth growth.
Be persistent
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