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Discount business strategy

Author: Andersen, Michael Moesgaard Publisher: Wiley, 2006.Language: EnglishDescription: 306 p. ; 23 cm.ISBN: 0470033533Type of document: BookBibliography/Index: Includes index
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Item type Current location Collection Call number Status Date due Barcode Item holds
Book Asia Campus
Main Collection
Print HD30.28 .A63 2006
(Browse shelf)
Available 900184021
Total holds: 0

Includes index


Contents Discount Business Strategy Discount Business Strategy Foreword 1 Why are some companies more successful than others? The real life laboratory Creating value and simultaneous destruction The volume game Simplicity - the word of the day Cut to the core Service? Something we'd rather do ourselves The black box of strategy turned upside down 2 The oxymoron of existing strategies: where do we go from here? Conventional strategic thinking The generic strategy framework Porter challenged Mixed strategies - the airline industry 3 When discount strategy becomes important Hyper competitive markets and traditional strategy The position of a discount strategy A single form - a simple form? 4 CBB Cultivating a hyper competitive market by way of a consistent approach to the notion of discount strategy A contradiction to the bursting of the IT-bubble The mobile sector - hyper-competition CBB as the enhanced service provider The original mission and strategy Crisis and the filing of a petition for bankruptcy The discount strategy - not a single quick fix New management Reinvention of the IT-systems A new customer care concept New brand and branding Reverse relationship marketing Political mass marketing Reorganization of the distribution Cost cutting programs Active price leadership CBB's discount product - cheaper and better Product production characteristics Product marketing characteristics CBB's use of price as a tactical weapon The importance of the price vis-A-visthe customers Active leadership in price wars Results - best in class A revolution in the mobile sector? Perspectives 43 43 43 44 46 47 48 50 50 51 52 53 54 55 56 57 57 58 58 62 64 64 65 68 70 72 5 Lid1 Gaining ground in a hyper competitive market by a consistent discount strategy 75 75 The German conquest The grocery retail sector - hyper-competition The original mission and strategy of Lidl The discount strategy - all encompassing Structured to control the impact of external factors Leadership through continuity The look and feel of Lidl High service level with a discount concept Squeezing the brands Aggressive go to market strategy Publicity through secrecy Active price leadership Lidl's discount product - cheaper and better Product marketing characteristics The use of price as a tactical weapon Active leadership in price wars Results - top of the class Perspectives 6 Ryanair Reshaping a competitive market through a consistent discount strategy Flying with the giants The airline industry - liberalized to full competition The early days of deregulation Towards the liberalized sky with a new strategy A transformed and polarized industry Ryanair as the alternative independent carrier Financial collapse evaded at the 11th hour The no frills, low fare strategy - not just one route New management Cost cutting programs 119 Productivity-based compensation schemes Outsourcing to third parties Re-organizing sales and distribution Harmonizing and scrutinizing the fleet Customer care concept New brand and branding Political mass marketing Active price leadership Ryanair's discount product - cheaper and better Product production characteristics Product marketing characteristics The use of price as a tactical weapon The customers' perception of price Leading the price wars Results - Best in class Perspectives - a revolution in the airline industry? 7 The building blocks of a discount business strategy Maturity and liberalization in different industries The building blocks of a 'discount strategy' The product The brand The customers Technology The four blocks as one discount strategy 119 120 121 123 125 128 129 131 132 133 135 136 136 138 139 141 145 145 147 150 152 153 155 156 8 The attractiveness of the core product From peaceful coexistence to disruption Disruption and the corresponding value destruction Lean and unbundled nature of the discount product Self-service an important ingredient Aggressive pricing 159 159 161 165 172 177 Demand-driven products Value creation Back to basics 9 A good brand is much more than a good brand The growing importance of 'brandr' 'You need to invest money in the establishment of a good brand' We cannot afford to spend David against Goliath The Gorilla image Branding as a tool-kit in the discount strategy Low prices as a new corporate social responsibility position Brand extension and discount The good brand 10 The discount customer and social capital The pivotal role of the customer in a discount strategy Customers as social capital Social capital and the discount customers - the X factor The social factor in the discount strategy Social capital and egalitarianism The dismissal of relationship marketing Psychology, culture and the discount strategy The view on discount Exploitation of the cognitive dissonance Life-style and satisfaction The advent of the viral ambassador The patronizing of customers The rise and fall of patronizing Increasing brand promiscuity Simplicity prevails How to save costs and increase perceived quality? The main execution tactics Finding the suitable technology Finding technology The innovator's dilemma and the innovator's solution The choice of 'discount' technology Proven technology Scalability Technology supporting the simple Impact on back office system Technological exuberance avoided Value creation and value destruction Strategy and war Strategy revisited The building blocks of the discount strategy model The various execution processes Epilogue How to reflect thoroughly on the wider repercussions of successful discount business strategies? Notes Bibliography Index 29 1

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