Posts Tagged ‘competitive position’

Auto Insurance Competitive Advantage of Progressive: ‘Name Your Price’ Policies

Wednesday, March 17th, 2010

While touting a rather irresistable competitive advantage message, Progressive impels consumers to take control of their insurance prices with a strong marketing message.

 
Brand Representative: Hi, may I help you?
Customer: Yeah, I’m looking for car insurance that isn’t going to break the bank.
Brand Representative: You’re in the right place! Only Progressive gives you the option to name [...]

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E*Trade Cuts Broker Prices, Loses Competitive Advantage & Engages in All-Out Price War

Tuesday, February 16th, 2010

Price wars abound in online brokering as E*Trade Financial Corporation jumped into a broker commission price war last Monday. 
Eliminating account activity fees and the $12.99 commission tier, E*Trade chose to help current and potential customers view E*Trade services as a more simple, valuable and transparent business through which to perform stock trading actions.
No longer is the focus [...]

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Apple’s iPad Strikes up Price War Amongst E-Book Retailers; Publishers Protect Competitive Advantage

Wednesday, February 3rd, 2010

In effort to prevent price wars and maintain a competitive position, Macmillan publishing requested that Amazon.com stop selling digital and print versions of books from Macmillan publishing.
This action closely followed Apple’s introduction of the iPad and an announcement of the iBookstore –a marketplace through which iBook applications such as e-books for the new iPad may be purchased and downloaded.
After [...]

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Creating Competitive Advantage Through Innovation: Nike, Apple Tout Strong Innovation Success

Monday, January 25th, 2010

While it is wise to avoid engaging in price wars with competitors, there are a number of ways a company can identify and utilize a unique competitive advantage to differentiate itself from competing brands.  Innovation plays a strong role in many brands’ processes of creating a competitive advantage. Nike and Apple both mantain strong track records for successfully [...]

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Competitive Advantage in Advertising: Toyota Discovers & Touts Competitive Advantage Rather than Engage in Price Wars

Friday, January 15th, 2010

One of Toyota’s recent television advertisements serves as a great example of a brand that has identified and is touting its competitive advantage.

A man is ready to drive his car into a mechanical car wash, but just before choosing the “Basic” car wash option, we see his toddler son in the back seat, shaking his [...]

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How Toys “R” Us Maintains its Competitive Advantage Against Wal-Mart

Monday, January 4th, 2010

In the struggle to maintain top competitive rankings in attracting and retaining consumers, many retailers discover their unique competitive advantage that differentiates their brand from similar organizations.  By touting its competitive advantage a company avoids reaching commodity status: a position achieved through engaging in price wars with competing retailers.
By moving focus away from price and onto service and selection, [...]

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