Broad cost-leadership
This generic strategy compete to serve their customer
with lower price than other rivals. The business targets are broad, serving the
customers with low profit per unit, and offer many kinds of products or
services.
- Air Asia
- Tesco
- Mydin
- Giant
- McDonald
- Google
- Coca Cola
- Proton
common features in these product :
- Many
kinds of products and/or services
- Offering
the lowest price to compete with rivals
- attract
a broad spectrum of buyers
Focused
cost-leadership
This generic strategy concentrate on a narrow buyer segment
and outcompeting rivals on costs thus being able to serve niche members at a
lower price. They may serve one kind of service or product.
- Perodua
- Digi
- Kamdar
- KFC
- Subway
- Focusing
on their own product or service.
- available
to a specific group of people
Broad Differentiation
This generic strategy aim to serve many people with various
types of product or services to differentiate the company product offering from
rivals and appeal to a broad spectrum of buyers
All of these are offering many kinds of products or services
in their industry. They sell at reasonable prices providing variety of products
and services according to the customers’ needs and wants.
- Malaysia
Airlines;
- Honda
- IKEA
- Kia
Motor
- Avon
- Old-Town
Kopitiam
- Toyota
- Rolls
Royce
- Al-Ikhsan
- Many
kind of products
- Different
types of products and services.
- Targeting
a broad market target.
Focused
Differentiation
Concentrating on a narrow buyer segment and outcompeting
rivals with a product offering that meets the specific tastes and requirement
of niche members better than the product offerings of rivals.
- Bonia
- JW
Marriot
- Louis
Vuitton
- Porsche
I. I.
Luxury product offer
II.
Focusing on a narrow target market
III.
Exclusiveness styles
IV.
High price
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