Porter's Competitive Strategy of Jio and Airtel.
JIO
COST LEADERSHIP STRATEGY: Cost leadership strategy is used by
lowering the cost.
COST LEADERSHIP STRATEGY USED BY
JIO:
·
Uses
efficient value chain management.
·
Reliance
Jio revolutionized by affordability, and by targeting middle class.
·
Charging
low prices.
DIFFERENTIATION STRATEGY: Differentiation is another most commonly used generic
strategy to build a competitive advantage.
DIFFERENTIATION STRATEGY USED BY JIO:
·
Heavy
celebrity endorsement, marketing, advertisement.
·
Brand
has gone many changes but the essence remained same.
FOCUS STRATEGY: In this strategy companies concentrate on their resources on expanding
the narrowly targeted segments.
FOCUS STRATEGY USED BY JIO:
·
It
uses both low cost and offering best value.
·
Brings
continues changes in product designing.
AIRTEL
COST LEADERSHIP STRATEGY: In this strategy used by airtel by lowering the cost.
COST LEADERSHIP STRATEGY USED BY AIRTEL:
·
Airtel
focuses on affordability and easy accessibility.
·
Maximizes
supply chain management.
DIFFERENTIATION STRATEGY: This strategy is used for bringing diversity.
DIFFERENTIATION STRATEGY USED BY AIRTEL:
·
Embedding
the innovation and address the growing the health concerns.
·
Even
though the company had gone through many changes the essence of Bharti Airtel remained.
FOCUS STRATEGY: In this strategy company focuses on particular
market segment.
FOCUS STRATEGY USED BY AIRTEL:
- the low-cost focus strategy is adopted by serving the needs of a niche market segment at the lowest possible price. While, best value focus strategy is adopted by emphasizing over the taste, size and design of the product that could best match the customers’ needs and requirements
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