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In the market view, rivals are those who satisfy the same need, not just those with the same form or tech.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Identifying Competitors; Lecture-09.
৪৯তম বিসিএস ⎯ মার্কেটিং [৭২১] · তারিখ অনির্ধারিত · ৫০ প্রশ্ন
In the market view, rivals are those who satisfy the same need, not just those with the same form or tech.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Identifying Competitors; Lecture-09.
Both water and soft drinks satisfy thirst, so it’s a need-based competitor set.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Product vs Market View; Lecture-09.
Close leaders have both resources and the incentive to retaliate strongly.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Selecting Competitors to Attack/Avoid; Lecture-09.
Healthy competitors expand markets and follow norms, keeping the category profitable.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Good vs. Bad Competition; Lecture-09.
You must define the set before assessing objectives, strategies, or likely reactions.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Process of Competitor Analysis; Lecture-09.
Ethical CI uses legal sources and systematic routines; collusion or intrusion violates practice.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Designing a Competitive Intelligence System; Lecture-09.
“Tiger” competitors counter quickly and forcefully—plan attacks accordingly.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Competitor Reaction Patterns; Lecture-09.
Aggressive push against the leader characterizes a challenger.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Competitive Positions & Challenger Strategies; Lecture-09.
Deep specialization in a small segment is a niche strategy.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Market Nicher Strategies; Lecture-09.
Cloner/imitator/adapter behaviors align with followers.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Market Follower Strategies; Lecture-09.
Firms evolve from entrepreneurial to formulated to intrapreneurial strategy management as they mature.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Approaches to Marketing Strategy; Lecture-09.
An unclear blend lacks cost or differentiation discipline, risking weak performance.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Basic Competitive Strategies; Lecture-09.
Leaders grow by expanding total demand, protecting their market share, and expanding their market share.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Market Leader Strategies; Lecture-09.
Preemptive moves deter attacks by moving first.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Leader Defense Strategies; Lecture-09.
Flank targets neglected segments/territories where the leader is weak.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Challenger Strategies; Lecture-09.
Encirclement attacks on many fronts simultaneously.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Challenger Playbook; Lecture-09.
Bypass avoids direct confrontation by changing the playing field.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Challenger Strategies; Lecture-09.
Position maps show clusters and gaps, guiding where to enter or avoid.
Reference: Kotler & Armstrong (14e), Ch. on STP—Perceptual/Position Mapping; Lecture-09.
Adapter improves the leader’s offer for specific segments.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Follower Types; Lecture-09.
Mapping reveals under-served spaces for entry or repositioning.
Reference: Kotler & Armstrong (14e), Ch. on STP—Using Perceptual Maps; Lecture-09.
Without fit to real needs, adoption stalls despite spending or tests.
Reference: Kotler & Armstrong (14e), Ch. 9—New-Product Development (NPD) Challenges; Lecture-09.
Structured crowdsourcing taps users/partners for idea generation.
Reference: Kotler & Armstrong (14e), Ch. 9—Idea Generation; Lecture-09.
Early triage saves costs by focusing on promising ideas.
Reference: Kotler & Armstrong (14e), Ch. 9—Idea Screening; Lecture-09.
Present descriptions/mocks to target users to gauge appeal and fit.
Reference: Kotler & Armstrong (14e), Ch. 9—Concept Testing; Lecture-09.
Financial projections validate feasibility before heavy spending.
Reference: Kotler & Armstrong (14e), Ch. 9—Business Analysis; Lecture-09.
Engineering develops and tests prototypes, which leads to a substantial rise in costs.
Reference: Kotler & Armstrong (14e), Ch. 9—Product Development; Lecture-09.
Real-market trials validate the marketing mix and forecast before scale.
Reference: Kotler & Armstrong (14e), Ch. 9—Market Testing; Lecture-09.
Early, well-scaled launch can secure distribution and mindshare.
Reference: Kotler & Armstrong (14e), Ch. 9—Commercialization (Timing/Geography); Lecture-09.
Concurrent teamwork reduces handoffs and delays, improving speed.
Reference: Kotler & Armstrong (14e), Ch. 9—Organizing for NPD (Cross-functional teams); Lecture-09.
Funding increases as risk falls across gates.
Reference: Kotler & Armstrong (14e), Ch. 9—NPD Governance & Gates; Lecture-09.
Standard five-stage path: A-I-E-T-A.
Reference: Kotler & Armstrong (14e), Ch. 5—Consumer Buyer Behavior: Adoption Process; Lecture-09.
Lower complexity speeds trial and adoption.
Reference: Kotler & Armstrong (14e), Ch. 5—Adoption Influences; Lecture-09.
Trialability/Divisibility reduces risk and accelerates diffusion.
Reference: Kotler & Armstrong (14e), Ch. 5—Trialability Factor; Lecture-09.
More visibility encourages imitation and faster uptake.
Reference: Kotler & Armstrong (14e), Ch. 5—Observability Factor; Lecture-09.
Innovators are venturesome and risk-tolerant.
Reference: Kotler & Armstrong (14e), Ch. 5—Adopter Categories; Lecture-09.
They act as opinion leaders, shaping diffusion.
Reference: Kotler & Armstrong (14e), Ch. 5—Early Adopters; Lecture-09.
Perceived superiority drives faster adoption.
Reference: Kotler & Armstrong (14e), Ch. 5—Relative Advantage; Lecture-09.
Higher fit lowers resistance to adoption.
Reference: Kotler & Armstrong (14e), Ch. 5—Compatibility; Lecture-09.
Complexity directly impedes trial and repeat.
Reference: Kotler & Armstrong (14e), Ch. 5—Adoption Factors; Lecture-09.
They wait for peer endorsement and lower risk.
Reference: Kotler & Armstrong (14e), Ch. 5—Adopter Categories (Late Majority); Lecture-09.
They seek newness with articulated benefits to champion.
Reference: Kotler & Armstrong (14e), Ch. 5 & Ch. 9—Positioning to Adopters; Lecture-9
Trials reduce perceived risk and push first use.
Reference: Kotler & Armstrong (14e), Ch. 9—NPD/Launch Tools; Lecture-09.
Over-precision makes buyers think it’s “not for me.”
Reference: Kotler & Armstrong (14e), STP—Positioning Errors; Lecture-09.
Demos make superiority observable & credible, speeding adoption.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Challenger Playbook & Adoption; Lecture-09.
Gate criteria prevent sunk-cost spirals.
Reference: Kotler & Armstrong (14e), Ch. 9—Stage-Gate Governance; Lecture-09.
Real-world trial of the full marketing mix before national roll-out.
Reference: Kotler & Armstrong (14e), Ch. 9—Market Testing; Lecture-09.
Opinion leaders diffuse benefits through social networks.
Reference: Kotler & Armstrong (14e), Ch. 5—Diffusion & Two-Step Flow; Lecture-09.
Early insight & concept validation avoids costly late changes.
Reference: Kotler & Armstrong (14e), Ch. 9—Front-End of Innovation; Lecture-09.
RTBs substantiate the point of difference and frame claims.
Reference: Kotler & Armstrong (14e), STP—Positioning (RTBs); Lecture-09.
Fighting retaliatory leaders drains resources; it's better to avoid or reframe the situation.
Reference: Kotler & Armstrong (14e), Creating Competitive Advantage—Selecting Competitors to Attack/Avoid; Lecture-09.