SERIAL CLONER ALTERNATIVE TV

You will be surprised how similar the original and the clone looks. The next time you are in Bangkok, try to get the clones of Samsung phones. Cloning makes advantage of the top brands and makes same to same products. Cloning means making the same product as yours, but with very subtle difference. However, if you get watches made from Rado, or bags of Gucci, with Rado spelled as RADA and Gucci spelled as GUCCA, than thatвЂ™s cloning.

For example вЂ“ is an imitator of, but then timesjobs has its own unique product characteristics as well. An imitator might copy some of your product qualities, but it maintains its own product qualities as well. There is a silver lining between an imitator and a cloner.

SERIAL CLONER ALTERNATIVE TV

Second example can be the imitation of Tata sky, where Tata sky is the market leader and brought digital TV revolution to India but was soon imitated by Videocon, Airtel, Reliance and others. Imitation jewellery is probably the best and largest example of imitation as a market follower strategy. Nonetheless, there is a huge market for imitators where people want to buy products at lower cost as they cant afford the higher one. The difference might be that the new product is made from poor material or that it does not have the service or promise that your brand can offer. Imitators make use of your hard earned brand equity and give a product which has the same characteristics as yours, albeit at a lower price. But such a flattery can cause a huge dent in your profit margins if you are a product manufacturer. So what are the different ways that market followers enter a market and what are market follower strategies? But they are facing stiff competition nowadays. Off course, the market leaders were Ebay and Amazon. Thus, in online commerce itself, you will see that companies like Snapdeal, flipkart, amazon, jabongg have all started one after the other. The market followers are wider in case of online marketing because online marketing has lower entry barriers and higher returns. Market followers are bound to exist in a mature market. In fact, in todayвЂ™s world, the competency of all companies areВ so high that innovation is quickly copied or imitated in different formats.ДЇor example, Apple came out with the multi touch smart phones, but today Samsung is leading that market in terms of total turnover.В Thus there are several market follower strategies in effect in todayвЂ™s business environment. Many companies come out with a market follower strategy. The rule of business is that when you are a market leader, there are definitely going to be market followers.

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