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The maturity of the market in which your company operates presents a set of common and predictable challenges. Understanding the condition of your market is critical to chart and execute your company’s plan for performance improvement. Market experience serves as an invaluable ‘roadmap’ that can help avoid serious problems, through an understanding of specific industry issues, pitfalls and strategies.
MARKET MATURITY - KEY CHALLENGES
| Infant/New |
Growing |
Stable |
Declining/Shrinking |
- Speed to market
- Adaptability/flexibility
- Securing strategic customers
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- Market share
- Competition
- Strategic Alliances
- Channels
- Customer Service
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- Geographic reach
- Product/service breadth
- Price/performance
- Product differentiation
- Brand
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- Consolidation/M&A activity
- Brand
- Price/performance
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