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Why is it inadvisable for a follower to attempt to directly position its product against the industry leader? Competing with market leaders can be costly
Why is it inadvisable for a follower to attempt to directly position its product against the industry leader?
Competing with market leaders can be costly and not often successful.
A follower's product usually dominates in sales and in the minds of customers.
It is difficult for followers to select segmentation strategies.
A follower can never compete with the industry leader in terms of product quality.
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