Red Ocean
A market space that is already crowded with competition, where companies fight for market share, leading to intense rivalry and lower profitability.
A market space that is already crowded with competition, where companies fight for market share, leading to intense rivalry and lower profitability.
Above the Line (ATL) refers to marketing activities carried out at a macro level to reach a large audience through mass media such as TV, radio, and print ads.
The process of defining how a product is perceived in the minds of consumers, relative to competing products, to create a unique market identity.
The process of planning, executing, tracking, and analyzing marketing campaigns.
Obstacles that make it difficult for new competitors to enter an industry, such as high capital requirements, strong brand loyalty, or regulatory hurdles.
The process of distinguishing a product or service from its competitors in a way that is meaningful to the target market.
Customer Acquisition Cost (CAC) is the total cost associated with acquiring a new customer, including marketing and sales expenses.
The overall market environment in which a business operates, including the strengths and weaknesses of competitors.
A framework for discovering and validating the right market for a product, building the right product features, and validating the business model.