I have talked a lot about competitive advantages on the demand side (sometimes called revenue advantages). These are structural advantages that enable premium pricing, repeat purchases, higher ROIC and / or stable marketshare over longer periods of time. For example, I have spoken a lot on the podcast about switching costs. That is really my […]
This week’s podcast is my third on the well-known 7 Powers framework by Hamilton Helmer. I go through the last 4 of his 7 powers. You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya. His fundamental equation of value is: Value = M0*g*s*m = market scale * power M0 is Market at time zero. […]
In this insightful episode of Tech Strategy Podcast, we explore the concepts of economies of scale and switching costs. Understand how these key business principles impact the competitive dynamics in the tech industry. Join us for a deep dive into the strategies that successful tech companies in Asia employ to gain a competitive edge.
Long-term investors search for high quality companies they can buy and hold. They ignore the near-term swings in stock prices and, instead, try to capture the larger creation of value in the enterprise over time. It’s a long-term wealth creation strategy. And it really works… …for a small number of companies. Yes, the results of […]
In this podcast, Jeffrey Towson discusses how digital economics can impact well-established competitive advantages like economies of scale. He argues that digital economics can create new competitive advantages, but it can also destroy old ones. For example, he cites the example of Amazon, which has been able to achieve economies of scale by using digital technologies to automate its warehouses and distribution network.
In this podcast, Jeffrey Towson discusses how the economics of digital are changing, and how this is impacting pricing. He argues that pricing is becoming increasingly complicated, as businesses need to factor in factors such as bundling, switching costs, and platform business models. Towson believes that businesses need to adapt their pricing strategies to the new digital economy in order to remain competitive.
In this podcast, Jeffrey Towson discusses how Bytedance’s “attention factory” business model is a threat to Facebook. He argues that Bytedance’s ability to collect and analyze user data, combined with its focus on short-form content, gives it a significant competitive advantage. Towson believes that Facebook needs to adapt its business model to compete with Bytedance.
Xiaomi and Meitu are two Chinese companies that are trying to build platforms / ecosystems. Xiaomi has been more successful so far, but Meitu has a number of advantages that could help it catch up. It will be interesting to see who emerges as the winner in this race.
In this class, Jeffrey Towson discusses how companies can develop digital superpowers to gain a competitive advantage. He compares and contrasts four companies in Asia that have successfully used digital technology to transform their businesses: Lazada, Grab, Luckin Coffee, and Hellobike. Towson argues that digital superpowers can be used to dramatically improve the user experience, enable a platform business model, create network effects, or provide other competitive advantages.
In this podcast, Jeffrey Towson discusses how companies like WeChat and TikTok are changing the way businesses compete for consumers’ attention in the digital age. He argues that the share of the consumer mind is becoming a more important competitive advantage than ever before. Towson provides examples of how WeChat and TikTok are using digital tools to capture the consumer mind, and he discusses the implications for businesses of all sizes.