How Do Small Firms Compete? A Demand-Based Perspective
dc.contributor.author | Xie, Chuanyin | |
dc.date.accessioned | 2018-10-09T20:04:16Z | |
dc.date.available | 2018-10-09T20:04:16Z | |
dc.date.issued | 2018 | |
dc.description | Author retains copyright | |
dc.description | Final Published Version | |
dc.description.abstract | Small firms are disadvantaged when competing with large firms. Conventional wisdom suggests small firms should target niche markets neglected by large firms, but most large firms have used a niche strategy for some of their products, suggesting small niches are not safe anymore. This study attempts to address a key challenge small firms face: how to survive competition with few advantages. My main argument is that small firms should shift attention from the supplier-side competition to value creation in the demand environment. If consumer value is created, competition is likely rendered irrelevant. | en_US |
dc.identifier.doi | https://doi.org/10.33423/jmpp.v19i1.1266 | |
dc.identifier.issn | 1913-8067 | |
dc.identifier.uri | http://hdl.handle.net/20.500.11868/577 | |
dc.language.iso | en_US | en_US |
dc.publisher | North American Business Press | en_US |
dc.subject | Small business | en_US |
dc.subject | Business enterprises | en_US |
dc.subject | Marketing strategy | en_US |
dc.subject | Marketing planning | en_US |
dc.subject | Marketing management | en_US |
dc.title | How Do Small Firms Compete? A Demand-Based Perspective | en_US |
dc.type | Article | en_US |
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