My Unfair Advantage
- List of all the resources in my venture:
- Online service
- V - It is very valuable in an growing technological society
- R - It is common for online services
- I - It is very imitable
- N - It is only substitutable by mobile and computers
- Available on both phones and computers
- V - It is very valuable in an growing technological society
- R - It is somewhat common for multi-platform services
- I - It is very imitable
- N - It is only substitutable by online service
- Customer Service
- V - It is very valuable
- R - It is extremely common
- I - It is extremely easy to imitate
- N - It is un-substitutable
- Excellent prices
- V - It is extremely valuable in a post-recession economy
- R - It is relatively common
- I - It is easy to imitate
- N - It can be substituted by a service that a customer values more
- Leadership to keep the service running
- V - It is extremely valuable
- R - It is sort of common
- I - It is relatively easy to imitate
- N - It is not substitutable
- Drive to ensure highest quality
- V - It is extremely valuable
- R - It is sort of common
- I - It is hard to imitate
- N - It is not substitutable
- Extensive list of employees that can perform service
- V - It is extremely valuable
- R - It is realtively hard to come by
- I - It is very difficult to imitate
- N - It is not substitutable
- Add on service to existing successful services
- V - It is very valuable to add on to a wildly successful service
- R - It is relatively hard to come by
- I - It is hard to imitate
- N - It could be substituted by a new successful service
- 24/7 availability of service
- V - It is extremely valuable
- R - It is very uncommon
- I - It is very hard to imitate becasue of how typical business work weeks go
- N - It is not substitutable
- Doesn't take long for service to begin
- V - It is very valuable
- R - It is somewhat hard to come by
- I - It is difficult to imitate
- N - It is not substitutable
- I think the 24/7 availability of my service is my top resource. Being able to allow people to take cab/Uber rides whenever they want to wherever they want is an invaluable resource, especially when they have already prepaid in a bulk purchase. It allows for me to have a superior advantage over any company that would decide to compete with me.
Hi Matthew,
ReplyDeleteI think you did a really great job with this assignment. I think you have a good understanding of what your venture's unfair advantage is and I believe you are well equipped to solve any issues that my arise. I agree that your 24/7 availability is a great resource and will be very helpful in your venture. If you have a chance you should check out my blog at: http://entgabiefleischer.blogspot.com/2016/03/my-unfair-advantage.html
Hey Matthew. While looking through your list I do believe that have a drive to ensure the highest quality and the leadership to keep a service running are very valuable. You don't find much of this anymore. 24/7 availability as your top resource is a must since people will be up at different times of the night and might need some help. If you would like to check out my post, here's the link: http://thisisnotawkward.blogspot.com/2016/03/my-unfair-advantage.html
ReplyDelete