- Understanding competitive advantages in different industries (0:14) - The role of industry development speed in gaining advantages (1:04) - Examples of companies with sustainable advantages: Microsoft, See's Candies, Walmart, NetJets, Coca-Cola, Disney (1:07, 1:20, 2:04, 2:25, 2:56, 4:06) - The durability of certain brands and the difficulty of displacing market leaders (5:18)
Think of the first brand that appears in your head when you would like to use a product. Eg:- toothpaste, Colgate; soft drink Coca-Cola; chocolate Cadbury’s; milk Amul. Luggage? Paint?
I dont live in the US, but from what I understand, Walmart sells low quality stuff very cheap. So if you are rich, you think it is a shithole. But if you are poor, you think it is a wonderful store.
thats a result of their competitive advantage, lowest cost. You will always be competitive with lowest cost however that does not reflect quality, I agree with your view on walmart. Its exactly why they are invested in Coca Cola, they are the lowest cost producer and it doesnt effect quality = highest profit margin.
Thanks for these videos, I'm binge watching till the morning
- Understanding competitive advantages in different industries (0:14)
- The role of industry development speed in gaining advantages (1:04)
- Examples of companies with sustainable advantages: Microsoft, See's Candies, Walmart, NetJets, Coca-Cola, Disney (1:07, 1:20, 2:04, 2:25, 2:56, 4:06)
- The durability of certain brands and the difficulty of displacing market leaders (5:18)
When mosquitoes prick u they come in a lot and relentless❤❤🎉🎉
Define competitive advantage.
Think of the first brand that appears in your head when you would like to use a product. Eg:- toothpaste, Colgate; soft drink Coca-Cola; chocolate Cadbury’s; milk Amul. Luggage? Paint?
Sherwin Williams for paint
Alexis Leclerc Asian paints
Samsonite and Asian Paints!
Glidden
ChoonA
A lot of wisdom to absorb
How to compete with Snickers: make the same product with a single ingredient change; for example consider the 'artificial flavor'
We have a genius in the comments everyone!
@@matthewrogerson9119 Thank you
BUFFETT AND MUNGER TWO SMARTEST MEN IN THE WORLD 🌎...👍
Personally, I find Walmart to be a real ****hole.
There produce is a serious departure downwards from all other produce. Full stop.
I dont live in the US, but from what I understand, Walmart sells low quality stuff very cheap. So if you are rich, you think it is a shithole. But if you are poor, you think it is a wonderful store.
thats a result of their competitive advantage, lowest cost. You will always be competitive with lowest cost however that does not reflect quality, I agree with your view on walmart. Its exactly why they are invested in Coca Cola, they are the lowest cost producer and it doesnt effect quality = highest profit margin.
Arthur Anderson 🍀😊
but there are very few substitutes to Moodys, so......
🛑🛑🛑