If you find this video helpful, don't forget to like it! and SUBSCRIBE TO the tutor2u Channel to be alerted as soon as we've uploaded new topic videos like this one.
This is good way to plan the business expansion. Supply chain can be used for increasing sales by adding new products and that also market penetration only
Awesome Video. The best explanation. Thank youuuu :) helped majorly when studying this topic. Definitely going to watch more Vids super easy to understand.
Hi there. Although I know the video is quite old, I'm hopeful this comment finds you. If possible can you tell me where you have covered the product diversification topic? (As you have mentioned that it has been covered in a separate video)
there is a supermarket chain and it intends to introduce its own bakery to its outlets stopping outsources. where does this fall of the four options? please explain.
Can i query you about how you said diversification is the highest risk? I'd personally argue that is not the case for large, established businesses: this is because i'd argue that relying on multiple products and multiple markets can make a business much more secure in the long run due to the spreading of where income is coming from and not being reliant on a singular market. I would say diversification spreads risk which intern creates stability. If the business has the resources to diversify it absolutely should.
Ansoff identified diversification as the highest risk strategy, but that is not to say it can't be successful, particularly if, as you describe, it is related to the existing activities and capabilities of the business.
Dear Friends, I have a question: When creating Strategic Business Units (SBU), should they examine the market size, size and complexity of the company?. Could you help?. Thank you.
E-commerce can support any of Ansoff's four strategies. E-commerce is more about marketing mix rather than a specific marketing strategy. For example, lots of businesses use e-commerce to support a strategy of market penetration.
Find some fantastic Business study resources from the tutor2u website www.tutor2u.net/business/collections
I will binge watch everything from the playlist before my exam...so helpful!!! Thank you
That's what im doing today lol
Got a levels tomorrow
2024 exams anyone?!?!
Yes yes yesss
Brilliant video, tutor2u always provide high quality materials that help students much more than anyone else
Thanks Jamie - lovely feedback - much appreciated!
Thanks for the video. Your clear explanations make me wonder how the hell some lecturers at uni managed to get that job in the first place
If you find this video helpful, don't forget to like it! and SUBSCRIBE TO the tutor2u Channel to be alerted as soon as we've uploaded new topic videos like this one.
already done! helpful video! thank you!
The spelling of "INCREASING" ON "Y" AXIS NEED TO BE CORRECTED
Great video man, you explained it better than my shitty lecturer.
Kevin O'Leary haha
Kevin O'Leary better than mine as well
Very informative yet concise!
Glad you liked it
Well explained.
This is good way to plan the business expansion.
Supply chain can be used for increasing sales by adding new products and that also market penetration only
Great information! Congrats on your educational initiative!
Really good summary of the Ansoff matrix. Thank you!
I love your lessons, it has been very useful for me! Thank you very much.
This is a very informative well explained video. Thank You.
Thank you so helpful
Hi! Thank you from Ukraine for you fantastic lesson! I`ve understood everything you explained, thank you
Glad it was helpful!
Great video!
Clearly communicated and well explained. Thanks bro
Is this for pearson edexel a level? because in my book there is no such thing as ansoff matrix
Great explanation! So helpful! THANK you so much!!!!!
good video, great before my a level exam in three hours
very well explained, thank you!
Ansoff Matrix for A Level? I'm learning this at degree xD
thank you so much for sharing this useful data! Greatly appreciated.
Very good explanation sir😊🙏🏾
Resourceful insight. Thank you.
best explanation
great video. understand now.
Thank you for your good and nice lecture.. it's hepl me so much
Thank you, I understand it way better now.
Thanks Natalie, good luck with your studies!
great explanation.
Very good info-thanks for sharing!
Great video, seriously.
Glad it was helpful!
I will pass my exams because of this since I didn't understand it before. Thank you for the information.
Thanks a lot. I have an exam in business strategy tomorrow, and maybe it doesn´t go to shit after watching your videos
Better understanding
Thank you so much. Your insights are very useful for my comprehensive exams.😊😊
Glad to hear that!
nice
Thank you! It was really helpful.
Glad it helped! {jim]
Awesome Video. The best explanation. Thank youuuu :) helped majorly when studying this topic. Definitely going to watch more Vids super easy to understand.
Awesome, thank you!
You are a God sent for a business student. I have exams next week.
The Elite Killa How'd they go?
The Elite Killa Awesome
The Elite Killa Yeah, doing fasttrack? Do you have any tips for good grades and answering questions? Or any resources that show this?
The Elite Killa The A level.. Is normally 2years.. But I'm doing it in a year
The Elite Killa Same! Year 13
I'm doing Edexcel.. You?
Thank you. Very comprehensive.
You got one more sub here great work my friend.
Wonderful
Simpel and quite informative
I got business p3 tomorrow 😭 its so helpful!!
You can do it!
THIS! is where the real college tutorials are held LOL
Thnx
No problem
Fantastic video. Thanks a lot!
great explanation
Hi there.
Although I know the video is quite old, I'm hopeful this comment finds you.
If possible can you tell me where you have covered the product diversification topic? (As you have mentioned that it has been covered in a separate video)
great video bro. explained very well
Thanks!
there is a supermarket chain and it intends to introduce its own bakery to its outlets stopping outsources. where does this fall of the four options? please explain.
Can i query you about how you said diversification is the highest risk? I'd personally argue that is not the case for large, established businesses: this is because i'd argue that relying on multiple products and multiple markets can make a business much more secure in the long run due to the spreading of where income is coming from and not being reliant on a singular market. I would say diversification spreads risk which intern creates stability. If the business has the resources to diversify it absolutely should.
Ansoff identified diversification as the highest risk strategy, but that is not to say it can't be successful, particularly if, as you describe, it is related to the existing activities and capabilities of the business.
Could it be argued entering new regional markets within a country (UK) is a form of Market Development rather than Market Penetration?
Dear Friends,
I have a question:
When creating Strategic Business Units (SBU), should they examine the market size, size and complexity of the company?. Could you help?. Thank you.
Great
There is an spelling error in the first slide., i.e increasing
Great spot!
With Amazon opening stores with no checkouts, what part of Ansoff's Matrix would this come under?
Can we say that loyalty programs are a mode of Market Penetration?
Absolutely - aiming to sell more existing products to existing customers!
So am I right in thinking E-commerce is a way of market penetration and market development?
E-commerce can support any of Ansoff's four strategies. E-commerce is more about marketing mix rather than a specific marketing strategy. For example, lots of businesses use e-commerce to support a strategy of market penetration.
여기서 삼성이나오다니 주모..... 셔터닫어
increasinf risk