#EXAMPLE OF STRATEGIC WAR ANDROID#

Apple is able to command such premiums because it has successfully differentiated its product from competitors. Competing tablets often cost nearly $200 less. The new Apple iPad Air costs $274 to make and retails for $499 вЂ“ a margin of 45%. You can see this strategy at play in virtually every business, especially B2C businesses.ДЄ great example of this can be seen in AppleвЂ™s approach to products. Businesses can do this either by highlighting their productвЂ™s superior technology, features, styling, heritage, pedigree or price. Unless consumers can spot your product from me-too competitors, youвЂ™ll have a hard time making sales. Standing out from the competitors is a key requirement for business success. Starting a business? This course will introduce you to key business concepts! 2. Furthermore, by buying Instagram, Facebook ensured that it has a competitive advantage over Google, Microsoft, and other competitors. Instagram allows Facebook to compete in a market where it doesnвЂ™t have a very strong presence, and helps it retain younger users. The $1B price tag may have seemed exorbitant in 2012, but looks almost cheap today. More importantly, it attracts the adolescents and teens that are leaving Facebook in droves.ДЇacebookвЂ™s strategy in acquiring Instagram was to a) corner the fledgling mobile image sharing market, and b) hedge its bets for future growth. It is the dominant photo sharing app on all mobile platforms. To most outsiders and pundits, this looked like a rather rash decision from a pre-IPO Facebook.ДЇast forward to 2014 and InstagramвЂ™s user base has shot past 150M.

#EXAMPLE OF STRATEGIC WAR ANDROID#

Keep in mind that until then, Instagram had *just* 30M users and did not have an established presence on the Android OS. In April 2012, Facebook changed the mobile startup scene overnight by acquiring the photo sharing startup, Instagram, for an unprecedented $1B. Think of the Fortune 500 firm that buys out a competitor, or when a larger firm merges with a competitor to corner a young market.Д®xample: FacebookвЂ™s Instagram acquisition One very common business strategy is for larger firms to gain a stronghold in a growing market through aggressive M&A activity. You can learn more about different business concepts with this simple smart business system. In this article, we will look at a few common business strategies and see some actual examples of the same from the business world. From partnering with other firms and attracting top talent to acquiring new technology all comes under the gamut of business strategy. It is a very broad term that encapsulates everything a business does to make money. Business strategy defines the approach, tactics and strategic plan adopted by a business to attract customers and achieve its business goals.

Example of strategic war