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Proven Strategies to Pull Ahead of Your
Competitors in Business
Y o u r C o m p a n y N a m e
Sources of Competitive Advantage
• Strategic Location
• Expand to Global Locations
• Customer Loyalty
• Loyalty Hierarchy
• Best Customer Service
• Strong R & D
• Barriers to Entry
• First Mover Advantage
• Exclusive Strategic Partnerships
• Access to Intellectual Properties
• Innovation
• Economies of Scale
Competitive Advantage Generic Strategies
• Strategy 1- Cost Leadership
• Strategy 2- Product Differentiation
• Strategy 3- Focus Strategies
Sample Strategies
01
02
03
Table of Contents
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2
Sources of Competitive Advantage
Strong R&D
Strategic Location
Customer Loyalty
Best Customer Service
Economies of Scale
Innovation
Barriers to Entry & Exit
First Mover Advantage
Exclusive Strategic Partnerships
Access to Intellectual Properties
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3
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#1- Strategic Location
Service Location Strategy
Operating Policies
Uniqueness of Location
Physical Quality of Facilities
Quality of Management
Quality of Competition
Competition
Compatibility with Demographics
Purchasing Power
Maximize volume of Business & Revenue
4
Expand to Global Locations
Branch Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Headquarters
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5
Customer Retention Strategies
Personal Touches
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audience’s attention
Questionnaire/ Surveys
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audience’s attention
Regular Reviews
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audience’s attention
Overcome Buyers Remorse
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audience’s attention
Loyalty Programs
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audience’s attention
Premiums & Gifts
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audience’s attention
#2- Customer
Loyalty
6
Loyalty Hierarchy
Loyalty Hierarchy Building Block CRM Functionality
“Be in tune to my
evolving needs.”
Life Cycle
› Event triggers
› Cross – selling
› Upselling
“Be in tune with
my needs.”
Dialogue
› Call center
› Direct mail
› Field sales
› Client telling
› E-marketing
“Make it easier to satisfy my
needs.”
Personalization
› Segmentation
› Campaign management
› Optimization
› Predictive modeling
“Entice me.”
“Get to know me.”
Operational Loyalty
› Incentives: Point Programs, memberships, coupons and
prospecting
› Lead management, data collection and customer profiling
“Satisfy my needs.” Customer Satisfaction
› Contact center
› Measurement and reporting
“Promise me something that I
need.”
Core Value › Brand and product management
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7
#3- Best Customer Service
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Take advantage of
positive social proofs
Remember that quality is more
important than speed
Choose the right customer
service tools
Introduce
loyalty programs
Assist your customers
across various channels
Offer personalized
customer experience
Ask your customers
to leave a feedback
Recognize
your customers
8
#4- Strong R & D
Deliver
Implement to
scale
04
Design
Engage in
applied research
02
Develop
Prepare for
rollout
03
Define
Identify problem
or need
01
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9
#5- Barriers to Entry
Structural, Strategic and Statutory Entry
Barriers
Structural barriers ('innocent' entry
barriers) – arising from differences in
production costs
Strategic barriers such as different
pricing policies
Statutory barriers – these are entry
barriers given force of law (e.g. patent
protection of franchises such as the National
Lottery or television and radio broadcasting
licenses)
01
02
03
Examples of “Strategic” Barriers to Entry
Brand Proliferation
Limit
Pricing Tactics
When a firm sets price low
enough to discourage new
entrants into the market
Predatory
Pricing Tactics
Setting an artificially low
price for product in order to
drive out competitions
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Barriers to Entry
Patent
A legal barrier
to copying
product.
Being the ‘First
Mover’
Facebook/ Google
gain strong position
from being first firm to
dominate a market.
Brand Loyalty
Consumers
attachment to
existing products.
Economies of
Scale
Existing firm
benefits from
lower average
costs due to size.
Geographical
Barriers
No access to
suitable location
prevents new entry.
Vertical
Integration
If you have no
access to suppliers
you cannot sell
your product.
Factors which make it difficult for new firms to enter an industry
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11
Learn from
mistakes 01
Set low pricing
making it
difficult for new
firms to enter
02
Exploit Internal
Economies of
Scale
03
Build Brand
Loyalty & Mold
Consumer
Behavior
04
#6- First Mover Advantage
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12
#7- Exclusive Strategic Partnerships
Initiatives for Partner Growth
Key Metrics 20XX 20XX 20XX
Metric 1 $9m $9.5m $10.5m
Metric 2 75% 86% 95%
Metric 3 86% 85% 95%
Metric 4 2.5% 2.8% 1.9%
Baseline Goals
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All-in-one Partner Portal
01
New reseller price list with product bundles
designed to help partners drive more
customer sales.
02
Discounting process for all partners
03
Joint marketing programs.
04
Partner summits featuring networking
and training.
06
Improved Referral Program
07
Partner training program with
certifications and sales enablement.
05
13
#8- Access to Intellectual Properties
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• Protects secret information
• E.g., New invention, Coke formula
• Project functional or ornamental
features
• E.g., swipe feature or iPhone design
• Protects works of authorship
• E.g., books, movies, drawings
• Protects brands
• E.g., Apple for cell phones
4 Types of
intellectual
Property to Protect
your idea
Trade Secrets Trade Marks
Patents
Copy Rights
14
#9- Innovation
• New Product/Service for Existing Market
• New Product/Service for New Market
• Product/Service Improvements: changes
in features of currently offered service
• Augmentation of existing
product/service line (e.g. new menu
items)
• Style Changes: modest visible
changes in appearances
Radical Innovations
Incremental Innovations
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15
#10- Economies of Scale
Number of Item
What
The More you make of something, the less it costs.
Example
Unbeatable
Economies of Scale!
Manufacturing costs can fall
70% to 90% every time the
business doubles its output
$ Average
Cost Per Item
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16
Sample Strategies
Organizational Strategy Operations Strategy Example of Companies or Services
Low Price Low Cost
› U.S. first class postage
› Wal-mart
High Quality
High performance design and/ or high quality
processing
Consistent quality
› Sony TV
› Lexus, Cadillac,
› Coca-Cola; Kodak, Motorola
Short Time
Quick Response (rapid delivery)
On - time delivery
› McDonald’s Restaurants
› Express mail
› FedEx; One – hour photo
Newness Innovation
› 3M
› Express mail
Flexibility
Variety
Volume
› Burger King (“Have it your way”)
› McDonald (“Buses Welcome”)
Service Superior customer service
› Disneyland
› IBM
Location Convenience
› Supermarkets, Banks, ATMs
› Mall Stores
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Competitive Advantage Generic Strategies
By Michael E. Porter
Differentiation
Lower Cost
Competitive Advantage
Narrow
Target
Broad
Target
Competitive
Scope
Differentiation
Differentiation
Focus
Cost
Leadership
Cost Focus
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Strategy 1- Cost Leadership
Leverage the economies of scale to produce products/deliver services at the lowest cost in the market.
More appropriate for big companies.
Walmart’s advantage relies on a cost leadership strategy. Walmart
is able to offer ‘every day low prices’ through economies of scale.
McDonald’s main competitive advantage relies on a cost leadership
strategy. The company is able to utilize economies of scale and produce
products at a low cost and as a result, offer products at a lower selling
price than that of its competitors.
01
02
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Strategy 2- Product Differentiation
Examples- Hero, Asian Paints, HUL, Nike athletic shoes (image and brand mark), BMW Group
Automobiles, Apple Computer (product's design), Mercedes-Benz automobiles
This strategy helps the company set a premium price for the product or service, earn increased
revenue per unit. The consumers' loyalty towards the brand forces them to pay the higher cost.
This strategy is more appropriate for big companies, not small companies.
Firm has unique resources and capabilities to satisfy customer needs in unique ways. These unique resources could include
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Innovative
processes
Patents or other
Intellectual
Property (IP)
Unique technical
expertise (e.g. Apple's
design skills or Pixar's
animation prowess)
Talented personnel
(e.g. a sports team's star
players or a brokerage
firm's star traders),
20
Strategy 3- Focus Strategies
Cost Focus Lower cost to the focused segment
Differentiation
Focus
Differentiated product or service
that meets the needs of the
focused segment.
Example- Southwest Airlines, which provides short-haul point-to-point
flights in contrast to the hub-and-spoke model of mainstream carriers,
United, and American Airlines
An appropriate strategy for small companies. In adopting a narrow focus, the
company ideally focuses on a few target markets (also called a segmentation
strategy or niche strategy). It is of 2 types-
A
B
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Proven Strategies to Pull Ahead of Your Competitors in Business Icons Slide
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Additional
Slides
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Agenda
Agenda
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Agenda
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Agenda
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01
02
03
24
Company Introduction
Professional
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Creative
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Talented
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Our Mission Vision Values
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Vision
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Mission
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Values
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Comparison
vs
30%
Female Users
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70%
Male Users
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Dashboard
0
50
100
Low
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Medium
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High
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75%
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Pie Chart
20%
30%
50%
Product O1
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Product O2
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Bar Chart
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
2018
2019
2020
Product O1
Product O2
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select “Edit Data”.
Product O1
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Product O2
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Circular Process
Add Text
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03 02
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Our Goal
Goal
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Goal
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Goal
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Roadmap
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Timeline
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2015
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Proven Strategies To Pull Ahead Of Your Competitors In Business Powerpoint Presentation Slides

  • 1. Proven Strategies to Pull Ahead of Your Competitors in Business Y o u r C o m p a n y N a m e
  • 2. Sources of Competitive Advantage • Strategic Location • Expand to Global Locations • Customer Loyalty • Loyalty Hierarchy • Best Customer Service • Strong R & D • Barriers to Entry • First Mover Advantage • Exclusive Strategic Partnerships • Access to Intellectual Properties • Innovation • Economies of Scale Competitive Advantage Generic Strategies • Strategy 1- Cost Leadership • Strategy 2- Product Differentiation • Strategy 3- Focus Strategies Sample Strategies 01 02 03 Table of Contents This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2
  • 3. Sources of Competitive Advantage Strong R&D Strategic Location Customer Loyalty Best Customer Service Economies of Scale Innovation Barriers to Entry & Exit First Mover Advantage Exclusive Strategic Partnerships Access to Intellectual Properties This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 3
  • 4. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. #1- Strategic Location Service Location Strategy Operating Policies Uniqueness of Location Physical Quality of Facilities Quality of Management Quality of Competition Competition Compatibility with Demographics Purchasing Power Maximize volume of Business & Revenue 4
  • 5. Expand to Global Locations Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Headquarters This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 5
  • 6. Customer Retention Strategies Personal Touches This slide is 100% editable. Adapt it to needs and capture your audience’s attention Questionnaire/ Surveys This slide is 100% editable. Adapt it to needs and capture your audience’s attention Regular Reviews This slide is 100% editable. Adapt it to needs and capture your audience’s attention Overcome Buyers Remorse This slide is 100% editable. Adapt it to needs and capture your audience’s attention Loyalty Programs This slide is 100% editable. Adapt it to needs and capture your audience’s attention Premiums & Gifts This slide is 100% editable. Adapt it to needs and capture your audience’s attention #2- Customer Loyalty 6
  • 7. Loyalty Hierarchy Loyalty Hierarchy Building Block CRM Functionality “Be in tune to my evolving needs.” Life Cycle › Event triggers › Cross – selling › Upselling “Be in tune with my needs.” Dialogue › Call center › Direct mail › Field sales › Client telling › E-marketing “Make it easier to satisfy my needs.” Personalization › Segmentation › Campaign management › Optimization › Predictive modeling “Entice me.” “Get to know me.” Operational Loyalty › Incentives: Point Programs, memberships, coupons and prospecting › Lead management, data collection and customer profiling “Satisfy my needs.” Customer Satisfaction › Contact center › Measurement and reporting “Promise me something that I need.” Core Value › Brand and product management This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 7
  • 8. #3- Best Customer Service This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Take advantage of positive social proofs Remember that quality is more important than speed Choose the right customer service tools Introduce loyalty programs Assist your customers across various channels Offer personalized customer experience Ask your customers to leave a feedback Recognize your customers 8
  • 9. #4- Strong R & D Deliver Implement to scale 04 Design Engage in applied research 02 Develop Prepare for rollout 03 Define Identify problem or need 01 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 9
  • 10. #5- Barriers to Entry Structural, Strategic and Statutory Entry Barriers Structural barriers ('innocent' entry barriers) – arising from differences in production costs Strategic barriers such as different pricing policies Statutory barriers – these are entry barriers given force of law (e.g. patent protection of franchises such as the National Lottery or television and radio broadcasting licenses) 01 02 03 Examples of “Strategic” Barriers to Entry Brand Proliferation Limit Pricing Tactics When a firm sets price low enough to discourage new entrants into the market Predatory Pricing Tactics Setting an artificially low price for product in order to drive out competitions This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 10
  • 11. Barriers to Entry Patent A legal barrier to copying product. Being the ‘First Mover’ Facebook/ Google gain strong position from being first firm to dominate a market. Brand Loyalty Consumers attachment to existing products. Economies of Scale Existing firm benefits from lower average costs due to size. Geographical Barriers No access to suitable location prevents new entry. Vertical Integration If you have no access to suppliers you cannot sell your product. Factors which make it difficult for new firms to enter an industry This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 11
  • 12. Learn from mistakes 01 Set low pricing making it difficult for new firms to enter 02 Exploit Internal Economies of Scale 03 Build Brand Loyalty & Mold Consumer Behavior 04 #6- First Mover Advantage This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 12
  • 13. #7- Exclusive Strategic Partnerships Initiatives for Partner Growth Key Metrics 20XX 20XX 20XX Metric 1 $9m $9.5m $10.5m Metric 2 75% 86% 95% Metric 3 86% 85% 95% Metric 4 2.5% 2.8% 1.9% Baseline Goals This slide is 100% editable. Adapt it to your needs and capture your audience's attention. All-in-one Partner Portal 01 New reseller price list with product bundles designed to help partners drive more customer sales. 02 Discounting process for all partners 03 Joint marketing programs. 04 Partner summits featuring networking and training. 06 Improved Referral Program 07 Partner training program with certifications and sales enablement. 05 13
  • 14. #8- Access to Intellectual Properties This slide is 100% editable. Adapt it to your needs and capture your audience's attention. • Protects secret information • E.g., New invention, Coke formula • Project functional or ornamental features • E.g., swipe feature or iPhone design • Protects works of authorship • E.g., books, movies, drawings • Protects brands • E.g., Apple for cell phones 4 Types of intellectual Property to Protect your idea Trade Secrets Trade Marks Patents Copy Rights 14
  • 15. #9- Innovation • New Product/Service for Existing Market • New Product/Service for New Market • Product/Service Improvements: changes in features of currently offered service • Augmentation of existing product/service line (e.g. new menu items) • Style Changes: modest visible changes in appearances Radical Innovations Incremental Innovations This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 15
  • 16. #10- Economies of Scale Number of Item What The More you make of something, the less it costs. Example Unbeatable Economies of Scale! Manufacturing costs can fall 70% to 90% every time the business doubles its output $ Average Cost Per Item This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 16
  • 17. Sample Strategies Organizational Strategy Operations Strategy Example of Companies or Services Low Price Low Cost › U.S. first class postage › Wal-mart High Quality High performance design and/ or high quality processing Consistent quality › Sony TV › Lexus, Cadillac, › Coca-Cola; Kodak, Motorola Short Time Quick Response (rapid delivery) On - time delivery › McDonald’s Restaurants › Express mail › FedEx; One – hour photo Newness Innovation › 3M › Express mail Flexibility Variety Volume › Burger King (“Have it your way”) › McDonald (“Buses Welcome”) Service Superior customer service › Disneyland › IBM Location Convenience › Supermarkets, Banks, ATMs › Mall Stores This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 17
  • 18. Competitive Advantage Generic Strategies By Michael E. Porter Differentiation Lower Cost Competitive Advantage Narrow Target Broad Target Competitive Scope Differentiation Differentiation Focus Cost Leadership Cost Focus This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 18
  • 19. Strategy 1- Cost Leadership Leverage the economies of scale to produce products/deliver services at the lowest cost in the market. More appropriate for big companies. Walmart’s advantage relies on a cost leadership strategy. Walmart is able to offer ‘every day low prices’ through economies of scale. McDonald’s main competitive advantage relies on a cost leadership strategy. The company is able to utilize economies of scale and produce products at a low cost and as a result, offer products at a lower selling price than that of its competitors. 01 02 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 19
  • 20. Strategy 2- Product Differentiation Examples- Hero, Asian Paints, HUL, Nike athletic shoes (image and brand mark), BMW Group Automobiles, Apple Computer (product's design), Mercedes-Benz automobiles This strategy helps the company set a premium price for the product or service, earn increased revenue per unit. The consumers' loyalty towards the brand forces them to pay the higher cost. This strategy is more appropriate for big companies, not small companies. Firm has unique resources and capabilities to satisfy customer needs in unique ways. These unique resources could include This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Innovative processes Patents or other Intellectual Property (IP) Unique technical expertise (e.g. Apple's design skills or Pixar's animation prowess) Talented personnel (e.g. a sports team's star players or a brokerage firm's star traders), 20
  • 21. Strategy 3- Focus Strategies Cost Focus Lower cost to the focused segment Differentiation Focus Differentiated product or service that meets the needs of the focused segment. Example- Southwest Airlines, which provides short-haul point-to-point flights in contrast to the hub-and-spoke model of mainstream carriers, United, and American Airlines An appropriate strategy for small companies. In adopting a narrow focus, the company ideally focuses on a few target markets (also called a segmentation strategy or niche strategy). It is of 2 types- A B This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 21
  • 22. Proven Strategies to Pull Ahead of Your Competitors in Business Icons Slide 22
  • 24. Agenda Agenda This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Agenda This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Agenda This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 01 02 03 24
  • 25. Company Introduction Professional This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Creative This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Talented This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 25
  • 26. Our Mission Vision Values This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Vision This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Mission This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Values 26
  • 27. Comparison vs 30% Female Users This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 70% Male Users This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 27
  • 28. Dashboard 0 50 100 Low This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 25% 0 50 100 Medium This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 50% 0 50 100 High This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 75% 28
  • 29. Pie Chart 20% 30% 50% Product O1 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. Product O2 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. Product O3 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 29
  • 30. Bar Chart 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2018 2019 2020 Product O1 Product O2 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. Product O1 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. Product O2 30
  • 31. Circular Process Add Text Here 01 03 02 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 31
  • 32. Our Goal Goal This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 01 02 03 32
  • 33. Roadmap This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. Text Here 33
  • 34. Timeline Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2015 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2016 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2017 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2019 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2018 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2020 Start End 34
  • 35. Name Here Designation Name Here Designation Name Here Designation Name Here Designation This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Organization Chart 35
  • 36. Linear Process 01 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 02 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 03 Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 36
  • 37. Thanks for Watching! Address #street number, city, state Email Address emailaddress123@gmail.com Contact Number 0123456789 37