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Make your detailed strategic plan!

Berkonomics

Five tactics to support each strategy seem a fair, even if arbitrary number. Here are several examples of tactics from my recent experience with companies where I serve as board member. Assign one of our corporate employees to support sales and installation efforts by all distributors. How many tactics can you support at once?

Resource 156
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Five ways to make your company stand out.

Berkonomics

The five strategies: Picking one to emphasize. There are five strategic positioning areas for you to consider. There are five niches you can chose when defining your positioning strategy: price, quality, service, innovation, and elegance. So, how do you position yourself to be a stand out? That’s our subject this week.

Company 120
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You name the price; I’ll name the terms.

Berkonomics

Here’s a striking example. The most striking example was the one hundred million–dollar purchase of one of my companies by a New York private equity investor using only five million of its cash. But I learned it again and again in my various business lives. Offering too little in an acquisition to satisfy the seller?

Pricing 156
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Can you defend your pricing niche against your competition?

Berkonomics

The five major niches. There are five major classes or niches a company should examine and make its own in calculating positioning in the marketplace. There are exceptions, based upon cost of sales. Here are a few examples to help you. Where do you this you can excel within these five positioning alternatives?

Pricing 226
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Should you battle the dragon? Or just avoid the encounter?

Berkonomics

Yet, there are constant examples of new entrants into a niche that do grow, prosper and sometimes even become dominant. There’s an example of avoiding the encounter and losing the lead position when an opportunity to compete surfaces unexpectedly. At least that is the conventional wisdom. So, when do we know which course to take?

Resource 156
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How Digsy Is Using Data, And Deals, To Drive Real Estate Sales

socalTECH

We spoke with Andrew about how the company pivoted from its original model after finding a huge amount of traction for its sales software and data, and its ability to guide brokers on the best practices for them to close more deals, which it is now offering as software-as-a-service. What is Digsy? It worked well. How did that work?

Sales 145
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How to make the most useful dashboard

Berkonomics

An example would be a real time display of the value of the dollar against the yen. Earliest warning metrics: [Email readers, continue here…] What good is information if you can’t act upon it in a timely manner? Find metrics that will be “leading indicators” of trouble to come.

Metrics 156