AAKAR CHATURVEDI : S 001 AMIT SAINI : S 007 BASANTA SAHOO : S015 DINESH KUMAR YADAV : S AIM OF MARKETING WARFARE
MARKETING CONCEPT : IDENTIFY AND
PROFITABLY SATISFY CUSTOMER NEEDS
MARKETING WARFARE CONCEPT : COMPETITOR
ORIENTED
EG : FOOTBALL GAME : OUTWIT, OUTFLANK OR
OVER POWER OPPOSITION GROUND RULES
KNOW YOUR STRENGTH AND WEAKNESSES
RELATIVE TO THE MARKET LEADER
ESTIMATE THE STRENGTH OF THE LEADERS
POSITION
FIND A WEAKNESS IN THE LEADERS
STRENGTH AND ATTACK AT THAT POINT GROUND RULES
LAUNCH THE ATTACK ON AS NARROW FRONT
AS POSSIBLE
DO NOT FIGHT HEAD ON WITH A MARKET
LEADER UNLESS YOU HAVE AT LEAST THREE TIMES ITS RESOURCES DEFENSIVE WARFARE
Practiced By Market Leaders
Survival and Maintaining Leadership Protect Your Position Self Analysis Attack Yourself Block Competitors Moves Keep Something In Reserve Avoid Legal Exposure DEFENSIVE WARFARE CLASSIFICATION DEFENSIVE: SIGNALING
Announcing Intention To Take
Action Announcement Channel Interviews to Press Press Releases Speeches Trade Journals Newspaper and Other Means Threat of Retaliation DEFENSIVE: FORTIFY AND DEFEND
Reduce Profit Expectation
Create Barriers to Entry Economy of Scale Product Differentiation Capital Requirement Cost Reduction Using Experience Curve Patents Control Over Supplier Control Over Distribution Location Advantage DEFENSIVE: COVER ALL BASES
Focus on Product Mix
Offer Full Product Line to Block Entry Often Used By Retail Chain By Expanding Their Presence and Keep Competitors at Bay DEFENSIVE: CONTINOUS IMPROVEMENT
Stay One Step Ahead of
Competition Relentless Pursuit of Improvement in following Cost Reduction Product Quality Manufacturing Processes Distribution DEFENSIVE: CAPACITY EXPANSION
Useful When Capacity Cost
is High Build Access Capacity to Discourage Entry of Competition DEFENSIVE: DEFEND BEFORE ENTRANT BECOME ESTABLISHED
Defend While New Entrant is
Vulnerable Any Type of Aggression e.g. Price Cutting by New Entrant Would be Met With Rigorous and Painful Retaliation DEFENSIVE: INTRODUCING FIGHTING BRANDS
To Fight With Competitors
Brand Help Fight Off a Price- Cutting Brand Help Conserving Leaders Image and Profitability DEFENSIVE: ENGAGING IN CROSS PARTY
Used When Competition
Challenges in One Specific Area Company Challenge Competitor in Another Area Indirectly Attack Competitors Core Area or Business Offensive warfare
It should be used when
your organization is No. 2 or No. 3 and it has resources to sustain a challenge to leader
PRINCIPLES
1) The main consideration is the strength of the leader
2) Find a weakness in leaders strength and attack at that
point
3) Launch the attack on as narrow a front as possible
Offensive warfare:
SIMPLE THINK OF COMPETITORS AS
THE ENEMY.
ATTACK OR KEEP OR FLANK
INOOVATIVE DEPENDING ON YOUR POSITION IN THE STRATEGIC SQUARE
NEVER HESITATE TO DESTROY OR
ELSE CONCLUSION PRINCIPLE OF FORCE TRADITIONAL IDEA : EASIER TO GO ON TOP THAN TO STAY THERE
MARKETING WARFARE IDEA : ONCE ON TOP, USE
YOUR POWER OF LEADERSHIP
SMALLER COMPANIES NEED TO RECOGNIZE THE
PRINCIPLE OF FORCE
IDENTIFY WEAKNESS IN LEADER
CONCEPT OF DEFENSE NEW ERA OF COMPETITION
LAUNCHING A BREAK THROUGH CAMPAIGN
NO DEADLINES FOR SUCCESS DATE IN
MARKETING WARFARE
AVOID TRAP THINKING
AS IN MILITARY WARFARE, APPROPRIATE
STRATEGY DEPENDS ON FIRMS POSITION RELATIVE TO THE MARKET