article thumbnail

Your Strategy Has to Be Flexible — But So Does Your Execution

Harvard Business Review

In 1992, to free-up warehouse space, the UK team promised free airline tickets to customers who purchased more than £100 worth of its products. marketing team offered the same promotion to U.S. A famous example is Hoover’s free flights promotion. A little later, the U.S. customers in order to boost sales.

article thumbnail

Reinvent Your Company by Reassessing Its Strengths

Harvard Business Review

Southwest Airlines’ decades-long strategy of “short-haul, high-frequency, point-to-point, low-fare service” produced what was not only one of the best-performing airlines in the U.S. For example, deregulation killed off icons in the airline business such as Pan Am and TWA. How Samsung Gets Innovations to Market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Does Your Brand Sound Like?

Harvard Business Review

To gain advantage on this leveled playing field, there’s one powerful branding tool that has been generally overlooked — or perhaps undervalued — by most marketers: sound. First, already in competition with airlines, they were beginning to compete with German and Italian railroads. Advertising Branding Marketing'

Brand 10
article thumbnail

Companies Are Turning Drones into a Competitive Advantage

Harvard Business Review

We expect the drone market to surge to nearly $7 billion by 2020 globally, driven by regulatory clarification, continuously decreasing component costs, and – most important– ongoing innovation that connects drone capabilities to big-data analytics.

article thumbnail

How Netflix Can Soothe the Mob but Keep its Disruptive Strategy

Harvard Business Review

You could tell by the language he used: "So we realized that streaming and DVD by mail are becoming two quite different businesses, with very different cost structures, different benefits that need to be marketed differently, and we need to let each grow and operate independently.". They're the ones Netflix has managed to upset right now.

article thumbnail

How to Manage Multiple Partnerships

Harvard Business Review

And American Airlines and Delta Airlines competed for an exclusive relationship with Japan Airlines. The long-standing exclusive arrangement between Xerox and Fuji Photo Film in Japan is one example; pharmaceutical licensing across markets is another. Then we learn a lot from the proceedings.

article thumbnail

The Tech Trends You Can’t Ignore in 2015

Harvard Business Review

It analyzes consumer behavior, microeconomic trends, government policies, market forces, and emerging research within the context of our continually-evolving tech and digital media ecosystem. Smart virtual personal assistants: SVPAs started entering the market in 2013. It would even display a preview for you to watch.

Trends 8