How to Create a Sustainable Competitive Advantage - Deepstash
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MARTIN LUTHER KING JR

A genuine leader is not a searcher for consensus but a molder of consensus

MARTIN LUTHER KING JR

6

110 reads

Modeling Industry Leaders

An unfair competitor uses dishonest tactics in order to succeed, althought these tactics are quick and easy, employing such strategies will only end up crushing you.

Let's take a look at three companies who did not use underhanded dirty tactics to win:

  1. Netflix by leading with granular data
  2. Apple by leading with customer satisfaction
  3. Coca-Cola by leading with a superior product

4

83 reads

Netflix: Granular Data

Netflix: Granular Data

Netflix has grown from being a scrappy start-up to massive streaming platform that has won 8 Oscars. Since 1997, their vision has to change the way we consume content. 

Netflix' secret weapon was putting emphasis on customer data. Netflix rose to the successful company that it is today because they kept their customers watching. Their effective implementaion of customer data is their sustainable competitive advantage over the rest.

5

118 reads

Apple: Customer Satisfaction

Apple: Customer Satisfaction

Although apple didn't invent the personal computer, they perfected it.

They took a different approach to their product by making technology easy. What Apple did was bring personal computing to the everyman while companies like IBM limited themselves to 2 target audience: businessmen and programmers.

Apple knew their audience and operate with an asotnishing clarity of focus. They are leading the market through their obsessive focus on the user experience.

6

129 reads

Coca-Cola: Superior Product

Coca-Cola: Superior Product

Throughout the 50s til the 70s Coke was already leading the market and outselling Pepsi. Although they had a long-standing roller coaster ride rivalry, Coke still won as America's cola.

While Pepsi's formulation was enticing, Coke's was more sustainable. Coke's sustainable competitive advantage was that their product marketed itself.

5

45 reads

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