MindMap Gallery market competition strategy
Introduction to Marketing: Comprehensive knowledge of market competition strategies, including competitor analysis, basic competitive strategies, and market positioning and competitive strategies.
Edited at 2023-01-11 16:56:44This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
market competition strategy
competitor analysis
Identify your business's competitors
Competitors: generally refer to other companies that provide similar products or services to the company and serve similar target customers.
Industrial competition concept
market competition concept
Determine competitive goals and strategies
competitor goals
competitor strategy
Competitors’ Strengths and Weaknesses (Analytical Focused Abilities)
Innovation capability: refers to the ability of an enterprise to make substantial improvements based on mastering modern science and technology, using knowledge gained from research and practical experience or introducing technology from outside to establish new processes and systems for the production of new product devices.
Production capacity: refers to the ability of an enterprise to provide products or services to the market in a certain period of time
Marketing capabilities: refers to the ability of an enterprise to coordinate the use of internal and external resources to meet the needs of the target market, achieve marketing goals, and ensure the sustainable development of the enterprise.
Financing ability: refers to the fact that an enterprise starts from the actual ownership and use of its own production and operation funds, fully considers the needs of future enterprise development, and adopts certain methods and channels to raise funds from investors and creditors through scientific prediction and decision-making. Supply to ensure the ability required by the company's normal production and operation
Managerial Competencies: The qualities of key managers can also convey information about strategic intentions
Determine competitors' market reactions
The leisurely competitor
selective competitor
strong competitor
random competitor
Factors to consider when choosing a competitive strategy
Strength of competitors
The degree of similarity between competitors and the company
How well competitors perform
basic competitive strategy
Cost leadership strategy
Concept: Mainly relying on factors such as the pursuit of economies of scale, proprietary technology and preferential raw materials to provide products and services at a cost lower than competitors or lower than the industry average. to obtain higher profits and larger market share
Advantages and potential risks of cost leadership strategy
Advantage
risk
How to implement cost leadership strategy
Realizing economies of scale: refers to the phenomenon of increasing economic benefits by expanding the scale of production
Do a good job in supplier marketing: it means establishing good collaborative relationships with upstream suppliers such as manufacturers that provide raw materials, energy, spare parts and other items, in order to obtain low-cost and stable upstream resources, and to influence and control suppliers to a certain extent. Competitors establish resource barriers
Shape corporate cost culture
Production technology innovation
Differentiation Strategy
Concept: It refers to the fact that an enterprise is unique in the industry in terms of certain aspects that are widely valued by consumers, making the enterprise's products, services or images unique, and meeting the needs of customers with a unique positioning
Advantages and potential risks of differentiation strategy
Advantage
risk
How to implement differentiation strategy
Product differentiation: form, performance quality, durability, design
Service differentiation: logistics, customer consultation, repair and maintenance, other services
Personnel differentiation: polite, honest and reliable, strong communication skills, quick response
Marketing channel differentiation
Image differentiation: Consumers often make different purchasing decisions due to different corporate or brand images. Images can form different personalities and are easier for consumers to identify.
Target agglomeration strategy: also known as focus strategy, refers to the enterprise carrying out production and operation activities for a specific customer group, one or a group of market segments within the industry, and giving full play to the enterprise's Resource efficiency, provide tailor-made services to consumers in this market, and gain competitive advantage
Market positioning and competitive strategy
market leader strategy
Concept: refers to the enterprise with the highest market share in related products
Expand total market demand
Discover new users
Create new uses
Increase usage
maintain market share
Increase market share
Market Challenger Strategy
Concept: refers to companies that actively launch attacks on market leaders in order to expand market share
Challenger selection
Attack market leaders
Attack those who are equal to your own strength
Attack local small businesses
market follower strategy
Concept: Market followers refer to enterprises that imitate competitors, innovate products or business models as a foothold, strive to occupy and maintain their market territory, and achieve sustainable development.
Market following and imitation
Characteristics of market followers
market follower strategy
follow closely
distance following
Choose to follow
market filler strategy
Basic point of filling gaps: In the market competition environment, almost every enterprise has some small businesses. They focus on the small parts of the market that are ignored by large enterprises. They seek to survive and develop in the cracks of large enterprises. These favorable market positions are called fill base points
The meaning of market filler
Concept: It refers to an enterprise that carefully serves certain small parts of the market that are ignored by large enterprises, without competing with these major enterprises, and only occupies a favorable market position through professional operations.
Characteristics: There is sufficient market potential and purchasing power; there is potential for profit growth; it is not attractive to major competitors; the company has the necessary resources and capabilities to occupy this base to fill the gap; the company's existing reputation is sufficient to compete with competitors
market filler strategy
Selection of filling base points
Professional marketing
Concept: Specialization in markets, customers, products or channels, etc.
Methods: end-user specialization; vertical level specialization; customer size specialization; specific customer specialization; geographic area specialization; product or product line specialization; customer order specialization; quality and price specialization; service item specialization; Distribution channel specialization
Market filler tasks
Create a filling market
Expand the market for filling vacancies
Protect the gap market