SlideShare a Scribd company logo
GROW MARKET
SHARE
of
THE HALF TRUTH
FIRST MOVER ADVANTAGE
Businesses constantly look for opportunities to grow their market-share. In
order to achieve rapid market expansion, businesses explore markets
outside their country of origin or outside existing market segments. This is
done with the expectation that being the first to enter the market/segment
will give the business an edge over competition. Commonly referred to as
"First Mover Advantage". There are plenty of examples of businesses that
have benefited from being the first mover.
SUCCESSFUL FIRST MOVERS
1994
FOUNDED
% OF PIE
44%
E-COMMERCE
REVENUE
$178B
1975
FOUNDED
% OF PIE
82%
DESKTOP OS
REVENUE
$110B
ADVANTAGES OF BEING A FIRST MOVER
ESTABLISH
BRAND LOYALTY
TECHNOLOGY
LEADERSHIP
SWITCHING
COST A BARRIER
BRANDS THAT WERE NOT FIRST MOVERS
Commercially launched in 2008,
Android has been an immense
success leaving behind the likes
of Symbian and other operating
systems that prevailed during
the time. As of May 2017, it has
over two billion monthly active
users.
2B Active Users 2B Active Users
Commercially launched in 2008,
Android has been an immense
success leaving behind the likes
of Symbian and other operating
systems that prevailed during
the time. As of May 2017, it has
over two billion monthly active
users.
Copyright © 2016 ICFAI E.D.G.E. All Rights Reserved.
SOURCES:
CNBC: https://www.cnbc.com/2018/01/03/amazon-grabbed-4-percent-of-all-us-retail-
sales-in-2017-new-study.html
TechCrunch: https://techcrunch.com/2016/02/01/gmail-now-has-more-than-1b-monthly-
active-users/
Wikipedia
Gmail is today the second widely
used email client in the world. With
over a billion monthly active users,
Gmail is widely popular and
accepted as a preferred email
option due to various factors
including free mailbox storage,
languages supported (71), etc.
1B Active Users

More Related Content

Similar to The Half Truth of First Mover Advantage

2014 Global Programmatic Insights Report: From Scale to Sophistication
2014 Global Programmatic Insights Report: From Scale to Sophistication2014 Global Programmatic Insights Report: From Scale to Sophistication
2014 Global Programmatic Insights Report: From Scale to Sophistication
Jaldous888
 
2014 Global Programmatic Insights Report
2014 Global Programmatic Insights Report2014 Global Programmatic Insights Report
2014 Global Programmatic Insights Report
Ronald Ramlan
 
Mnc
MncMnc
Activate media-growth
Activate media-growthActivate media-growth
Activate media-growth
Vera Kovaleva
 
Businee Economy
Businee EconomyBusinee Economy
Businee Economy
Robin Kapoor
 
OMMA DDM Conference 2013-07-24
OMMA DDM Conference 2013-07-24OMMA DDM Conference 2013-07-24
OMMA DDM Conference 2013-07-24SiemerAssoc
 
Global enterprises
Global enterprisesGlobal enterprises
Global enterprises
Devyani Jain
 
Future of Business: What Does It Mean for CMOs
Future of Business: What Does It Mean for CMOsFuture of Business: What Does It Mean for CMOs
Future of Business: What Does It Mean for CMOs
SAP Asia Pacific
 
Apponomics -The insider's guide to a Billion Dollar App Business
Apponomics -The insider's guide to a Billion Dollar App BusinessApponomics -The insider's guide to a Billion Dollar App Business
Apponomics -The insider's guide to a Billion Dollar App Business
Jordann Le Gal
 
IBM Growth and Marketing strategies
IBM Growth and Marketing strategies IBM Growth and Marketing strategies
IBM Growth and Marketing strategies
Daniel Nath
 
Market 2019
Market 2019Market 2019
Market 2019
John J. H. Oh
 
Palmity en 20131018 edited v5
Palmity en 20131018 edited v5Palmity en 20131018 edited v5
Palmity en 20131018 edited v5ttran321
 
Case Analysis Of Capsim
Case Analysis Of CapsimCase Analysis Of Capsim
Case Analysis Of Capsim
Gina Alfaro
 
Xiaomi corporate social responsibility report
Xiaomi corporate social responsibility reportXiaomi corporate social responsibility report
Xiaomi corporate social responsibility report
MadhavKumar48
 
Jason Kelly's Data Love Presentation @ Next 11 Conference
Jason Kelly's Data Love Presentation @ Next 11 ConferenceJason Kelly's Data Love Presentation @ Next 11 Conference
Jason Kelly's Data Love Presentation @ Next 11 ConferenceAdmeld
 
How Information System Impact Business And How It Can Win...
How Information System Impact Business And How It Can Win...How Information System Impact Business And How It Can Win...
How Information System Impact Business And How It Can Win...
Lucy Nader
 
Flipkart marketing strategy
Flipkart marketing strategyFlipkart marketing strategy
Flipkart marketing strategy
Abhirup Lahiri
 
Alphatise Presentation
Alphatise PresentationAlphatise Presentation
Alphatise Presentation
Gavin Baird
 
IAM Magazine 71 Innovation
IAM Magazine 71 InnovationIAM Magazine 71 Innovation
IAM Magazine 71 InnovationMarc Ehrlich
 

Similar to The Half Truth of First Mover Advantage (20)

2014 Global Programmatic Insights Report: From Scale to Sophistication
2014 Global Programmatic Insights Report: From Scale to Sophistication2014 Global Programmatic Insights Report: From Scale to Sophistication
2014 Global Programmatic Insights Report: From Scale to Sophistication
 
2014 Global Programmatic Insights Report
2014 Global Programmatic Insights Report2014 Global Programmatic Insights Report
2014 Global Programmatic Insights Report
 
Mnc
MncMnc
Mnc
 
Activate media-growth
Activate media-growthActivate media-growth
Activate media-growth
 
Businee Economy
Businee EconomyBusinee Economy
Businee Economy
 
OMMA DDM Conference 2013-07-24
OMMA DDM Conference 2013-07-24OMMA DDM Conference 2013-07-24
OMMA DDM Conference 2013-07-24
 
Global enterprises
Global enterprisesGlobal enterprises
Global enterprises
 
POWER SHIFTS.final09
POWER SHIFTS.final09POWER SHIFTS.final09
POWER SHIFTS.final09
 
Future of Business: What Does It Mean for CMOs
Future of Business: What Does It Mean for CMOsFuture of Business: What Does It Mean for CMOs
Future of Business: What Does It Mean for CMOs
 
Apponomics -The insider's guide to a Billion Dollar App Business
Apponomics -The insider's guide to a Billion Dollar App BusinessApponomics -The insider's guide to a Billion Dollar App Business
Apponomics -The insider's guide to a Billion Dollar App Business
 
IBM Growth and Marketing strategies
IBM Growth and Marketing strategies IBM Growth and Marketing strategies
IBM Growth and Marketing strategies
 
Market 2019
Market 2019Market 2019
Market 2019
 
Palmity en 20131018 edited v5
Palmity en 20131018 edited v5Palmity en 20131018 edited v5
Palmity en 20131018 edited v5
 
Case Analysis Of Capsim
Case Analysis Of CapsimCase Analysis Of Capsim
Case Analysis Of Capsim
 
Xiaomi corporate social responsibility report
Xiaomi corporate social responsibility reportXiaomi corporate social responsibility report
Xiaomi corporate social responsibility report
 
Jason Kelly's Data Love Presentation @ Next 11 Conference
Jason Kelly's Data Love Presentation @ Next 11 ConferenceJason Kelly's Data Love Presentation @ Next 11 Conference
Jason Kelly's Data Love Presentation @ Next 11 Conference
 
How Information System Impact Business And How It Can Win...
How Information System Impact Business And How It Can Win...How Information System Impact Business And How It Can Win...
How Information System Impact Business And How It Can Win...
 
Flipkart marketing strategy
Flipkart marketing strategyFlipkart marketing strategy
Flipkart marketing strategy
 
Alphatise Presentation
Alphatise PresentationAlphatise Presentation
Alphatise Presentation
 
IAM Magazine 71 Innovation
IAM Magazine 71 InnovationIAM Magazine 71 Innovation
IAM Magazine 71 Innovation
 

More from ICFAIEDGE

Marketing in the Age of Customer Experience
Marketing in the Age of Customer ExperienceMarketing in the Age of Customer Experience
Marketing in the Age of Customer Experience
ICFAIEDGE
 
Marketing in the Age of Customer Experience
Marketing in the Age of Customer ExperienceMarketing in the Age of Customer Experience
Marketing in the Age of Customer Experience
ICFAIEDGE
 
Enabling HRMS Through the Cloud
Enabling HRMS Through the CloudEnabling HRMS Through the Cloud
Enabling HRMS Through the Cloud
ICFAIEDGE
 
Optimising Retail Revenue through Payment Options
Optimising Retail Revenue through Payment OptionsOptimising Retail Revenue through Payment Options
Optimising Retail Revenue through Payment Options
ICFAIEDGE
 
Lead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip CampaignsLead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip Campaigns
ICFAIEDGE
 
Enabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid CloudEnabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid Cloud
ICFAIEDGE
 
Lead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip CampaignsLead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip Campaigns
ICFAIEDGE
 
Enabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid CloudEnabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid Cloud
ICFAIEDGE
 
Sustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational TurnaroundSustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational Turnaround
ICFAIEDGE
 
Reasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the CloudReasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the Cloud
ICFAIEDGE
 
The Evolution & Future of POS
The Evolution & Future of POSThe Evolution & Future of POS
The Evolution & Future of POS
ICFAIEDGE
 
Sustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational TurnaroundSustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational Turnaround
ICFAIEDGE
 
Reasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the CloudReasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the Cloud
ICFAIEDGE
 
The Need for Content Management Systems
The Need for Content Management SystemsThe Need for Content Management Systems
The Need for Content Management Systems
ICFAIEDGE
 
Need for an Integrated Workforce Management System
Need for an Integrated Workforce Management SystemNeed for an Integrated Workforce Management System
Need for an Integrated Workforce Management System
ICFAIEDGE
 
The Need for Content Management Systems
The Need for Content Management SystemsThe Need for Content Management Systems
The Need for Content Management Systems
ICFAIEDGE
 
Need for an Integrated Workforce Management System
Need for an Integrated Workforce Management SystemNeed for an Integrated Workforce Management System
Need for an Integrated Workforce Management System
ICFAIEDGE
 
The Difficult Side of Change Management
The Difficult Side of Change ManagementThe Difficult Side of Change Management
The Difficult Side of Change Management
ICFAIEDGE
 
Enterprise Data Management in the Cloud
Enterprise Data Management in the CloudEnterprise Data Management in the Cloud
Enterprise Data Management in the Cloud
ICFAIEDGE
 
The Difficult Side of Change Management
The Difficult Side of Change ManagementThe Difficult Side of Change Management
The Difficult Side of Change Management
ICFAIEDGE
 

More from ICFAIEDGE (20)

Marketing in the Age of Customer Experience
Marketing in the Age of Customer ExperienceMarketing in the Age of Customer Experience
Marketing in the Age of Customer Experience
 
Marketing in the Age of Customer Experience
Marketing in the Age of Customer ExperienceMarketing in the Age of Customer Experience
Marketing in the Age of Customer Experience
 
Enabling HRMS Through the Cloud
Enabling HRMS Through the CloudEnabling HRMS Through the Cloud
Enabling HRMS Through the Cloud
 
Optimising Retail Revenue through Payment Options
Optimising Retail Revenue through Payment OptionsOptimising Retail Revenue through Payment Options
Optimising Retail Revenue through Payment Options
 
Lead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip CampaignsLead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip Campaigns
 
Enabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid CloudEnabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid Cloud
 
Lead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip CampaignsLead Nurturing Through Drip Campaigns
Lead Nurturing Through Drip Campaigns
 
Enabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid CloudEnabling Digital Transformation Through Hybrid Cloud
Enabling Digital Transformation Through Hybrid Cloud
 
Sustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational TurnaroundSustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational Turnaround
 
Reasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the CloudReasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the Cloud
 
The Evolution & Future of POS
The Evolution & Future of POSThe Evolution & Future of POS
The Evolution & Future of POS
 
Sustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational TurnaroundSustainable Financial Innovation for Organisational Turnaround
Sustainable Financial Innovation for Organisational Turnaround
 
Reasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the CloudReasons Why Businesses Must Use the Cloud
Reasons Why Businesses Must Use the Cloud
 
The Need for Content Management Systems
The Need for Content Management SystemsThe Need for Content Management Systems
The Need for Content Management Systems
 
Need for an Integrated Workforce Management System
Need for an Integrated Workforce Management SystemNeed for an Integrated Workforce Management System
Need for an Integrated Workforce Management System
 
The Need for Content Management Systems
The Need for Content Management SystemsThe Need for Content Management Systems
The Need for Content Management Systems
 
Need for an Integrated Workforce Management System
Need for an Integrated Workforce Management SystemNeed for an Integrated Workforce Management System
Need for an Integrated Workforce Management System
 
The Difficult Side of Change Management
The Difficult Side of Change ManagementThe Difficult Side of Change Management
The Difficult Side of Change Management
 
Enterprise Data Management in the Cloud
Enterprise Data Management in the CloudEnterprise Data Management in the Cloud
Enterprise Data Management in the Cloud
 
The Difficult Side of Change Management
The Difficult Side of Change ManagementThe Difficult Side of Change Management
The Difficult Side of Change Management
 

Recently uploaded

Digital Marketing Training In Bangalore
Digital Marketing Training In BangaloreDigital Marketing Training In Bangalore
Digital Marketing Training In Bangalore
syedasifsyed46
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
Andy Lambert
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina KillgoConsumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
offisadizayn
 
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
minatamang0021
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
DeepakTripathi733493
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Auxis Consulting & Outsourcing
 
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel BussiusYour Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
Peter Mead
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
Felipe Bazon
 
De-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah GrapDe-risk Your Digital Evolution - Hannah Grap
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 

Recently uploaded (20)

Digital Marketing Training In Bangalore
Digital Marketing Training In BangaloreDigital Marketing Training In Bangalore
Digital Marketing Training In Bangalore
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
 
Metaverse Marketing in the Generation of the Internet - Eugene Capon
Metaverse Marketing in the Generation of the Internet - Eugene CaponMetaverse Marketing in the Generation of the Internet - Eugene Capon
Metaverse Marketing in the Generation of the Internet - Eugene Capon
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina KillgoConsumer Journey Mapping & Personalization Master Class - Sabrina Killgo
Consumer Journey Mapping & Personalization Master Class - Sabrina Killgo
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
 
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
 
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel BussiusYour Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
 
Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
 
De-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah GrapDe-risk Your Digital Evolution - Hannah Grap
De-risk Your Digital Evolution - Hannah Grap
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis Yu
 
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly BulletinBLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024 (r). Balmer Lawrie Online Monthly Bulletin
 

The Half Truth of First Mover Advantage

  • 1. GROW MARKET SHARE of THE HALF TRUTH FIRST MOVER ADVANTAGE Businesses constantly look for opportunities to grow their market-share. In order to achieve rapid market expansion, businesses explore markets outside their country of origin or outside existing market segments. This is done with the expectation that being the first to enter the market/segment will give the business an edge over competition. Commonly referred to as "First Mover Advantage". There are plenty of examples of businesses that have benefited from being the first mover. SUCCESSFUL FIRST MOVERS 1994 FOUNDED % OF PIE 44% E-COMMERCE REVENUE $178B 1975 FOUNDED % OF PIE 82% DESKTOP OS REVENUE $110B ADVANTAGES OF BEING A FIRST MOVER ESTABLISH BRAND LOYALTY TECHNOLOGY LEADERSHIP SWITCHING COST A BARRIER BRANDS THAT WERE NOT FIRST MOVERS Commercially launched in 2008, Android has been an immense success leaving behind the likes of Symbian and other operating systems that prevailed during the time. As of May 2017, it has over two billion monthly active users. 2B Active Users 2B Active Users Commercially launched in 2008, Android has been an immense success leaving behind the likes of Symbian and other operating systems that prevailed during the time. As of May 2017, it has over two billion monthly active users. Copyright © 2016 ICFAI E.D.G.E. All Rights Reserved. SOURCES: CNBC: https://www.cnbc.com/2018/01/03/amazon-grabbed-4-percent-of-all-us-retail- sales-in-2017-new-study.html TechCrunch: https://techcrunch.com/2016/02/01/gmail-now-has-more-than-1b-monthly- active-users/ Wikipedia Gmail is today the second widely used email client in the world. With over a billion monthly active users, Gmail is widely popular and accepted as a preferred email option due to various factors including free mailbox storage, languages supported (71), etc. 1B Active Users