2 ms·
> that large businesses constantly competed by other businesses and either Not exactly. Ideally, you want to use market and persona segmentation to develop a p
by alephnerd 2y ago
> that large businesses constantly competed by other businesses and either
Not exactly. Ideally, you want to use market and persona segmentation to develop a partial oligopoly.
The nature of sales cycles and the fact that only a minority of organizations (F1000) represent the majority of spend, means that you essentially have 2-3 large players in an single segment, and maybe a couple smaller players that will eventually be acquired.
- BurningFrog 2y ago2-3 large players and a few smaller ones is a decent amount of competition. Vastly more than a government has. Oligopols are less competition than ideal, but much better than nothing.