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ID number:619540
 
Evaluation:
Published: 23.08.2022.
Language: English
Level: Secondary school
Literature: n/a
References: Used
Time period viewed: 2021 - 2025 years
Extract

This means attacking the competitors’ weak points. Market challenger can identify the weak points based on geographic. This means challenger find the area competitors are under performing and develop marketing strategy to cater that area. Other than that, they can also challenge the competitors based on segmentation. This is where challenger identifies the segment that competitors left out and create a product to satisfy them. This strategy, if done the right way, can alleviate your rank in the marketplace and bring outstanding results.
Example – Many technology firms like AMD vs Intel, Apple vs Microsoft, and others operate on the basis of Flank attack.the competition based on its weaknesses.…

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