In strategy, a little evidence goes a long way
Pretend your new business has a choice: it can target high-end markets with a premium offering, or it can target low-end markets at the lowest price. What should it do? Rather than jumping to an answer, let’s slow down and investigate. One idea is to ask the industry’s top customers what they’d prefer. The customer is “always right,” after all. Spoiler…
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24 September 2014