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My favorite example of this is jet.com - who in their right mind would compete directly with Amazon on Amazon’s home turf? Well, it turns out it only looked lik
by wintercarver 7y ago
My favorite example of this is jet.com - who in their right mind would compete directly with Amazon on Amazon’s home turf? Well, it turns out it only looked like the same turf (“e-commerce”), but that’s the catch. Differentiation is subtle yet powerful, and Jet.com went for slower, bulk commodities, with a different pricing approach. Markets are, apparently, full of fickle niches!