News is certainly one, now that the brands are so weakened. Name required. Skip to content. For many companies this is making the competitive landscape harder to understand, predict and react to. Twitter Facebook LinkedIn Email. Some industries are still protected by structural advantages, but under perfect competition those advantages go away.
Digital Megatrend 2: Unexpected competition
This trend will continue for five reasons: Next Digital Megatrend 3: View all posts by Paul Willmott. Retailers e. For example, a company wishing to enter the banking market can do so without having to open branches.
Mandy Dee | Bad Teacher 18+
First, digital lowers barriers to entry. For many companies this is making the competitive landscape harder to understand, predict and react to. Skip to content. Sorry, your blog cannot share posts by email. Twitter Facebook LinkedIn Email. In stores, retailers have a limited physical space in which to display their products or services.
Skip to content. First, digital lowers barriers to entry. Opinions my own. Financial services firms e. Second, digital changes the sources of differentiation. Email required Address never made public. Forthcoming research by my colleague Jacques Bughin demonstrates that brands that are digitally savvy as evidenced by customer satisfaction in the digital channel, post-purchase comment, and other factors , enjoy a higher sales conversation rate.