12/24/2023 0 Comments Blue Ocean Strategy for apple downloadApple was successful in capturing the growing demand for music users on the go. Earlier compact disks or CDs were used as a traditional medium to distribute and listen to music. Apple users can download legal and high-quality music at a reasonable price from iTunes making traditional sources of distribution of music irrelevant.Hence the term red oceans.Īpplication Examples of Blue Ocean Strategy : Products become commodities, leading to a cutthroat or ‘bloody’ competition. As the market space gets crowded, profits and growth are reduced. Red Ocean is considered to compete in existing market space, industry boundaries ins the spaces are known. Where do you want to swim - Blue Waves or Red Waves? The success of Digital Journey depends on the Business model/strategy. The question is about the readiness of the organization to transform inside-out and freshness of Business Model/Strategy based on market demand, the customer wants, and value proportionate in a way of future-proofing your business to an extent. The Future of the business is Digital, No Doubt about it. Digital Transformation has become a trend and priority for all. Now, irrespective of the business size, a huge percentage of profit is being spent on Digitalization keeping the linearity of the business demand & growth and focusing on the short-term problem statement. Initially, businesses started the digital drive just to support internal BAU runs but later the external pressures made them adopt digital transformation to improve speed, quality, and experience. The COVID-19 pandemic has forced businesses to embrace the digital transformation that many had, in some cases for years, been reluctant to implement.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |