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Monopoly Rules: How To Find, Capture, And Control The Most Lucrative Markets In Any Business

Monopoly Rules: How To Find, Capture, And Control The Most Lucrative Markets In Any Business

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What people on the front lines—making, marketing, and selling products and services—really want is to be alone in the marketplace, to have a space that they own for a long enough period of time so they can make some real money. In this short, powerful book, Milind Lele shows you how.

Conventional wisdom attributes winning to having the best products at the lowest prices, a great brand, superior management, and the lowest overhead. All are obviously of great importance, but in actuality anyone can achieve them. Dr. Lele shows that winning comes from focusing on these monopoly opportunities.

• What patch of open market space does this business own—or could it own?
• Is the space really open or is it wishful thinking?
• Are there enough customers whose needs are not being met and are they willing to spend money to have those needs met?
• How long will this space remain open and why?
• What do you have to do to capture it and wall it off?
• When will the party end and what do we do next?

For example, for many coffee lovers there is no one but Starbucks. The moment people found out what coffee could, and should, taste like it was as if a giant lightbulb went off inside their heads—and Starbucks had a monopoly. The best monopoly opportunities are situational, often soft and intangible. They’re segments, not the mass market, and often in the customer’s mind. For the customer there is no one but you, since what you provide can’t be easily copied, duplicated, or ripped off.

Monopoly Rules couldn’t come at a better time, as an almost perfect storm seems to be hitting every business. Customers are changing and the homogenous mass market has gone the way of the nickel soda. Now the game is winning market segments. In this world, Monopoly Rules provides a new way to think and take action and stay ahead of the game.

Details of Book

ISBN13: 9781400049721
ISBN10: 1400049725
Language: English
Publisher: Crown Business
Publication Year: 2005
Format: Hardcover

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Strategies to dominate niche markets for lasting success

  • Who is this book for?

    If you're interested in learning how to carve out your own space in the marketplace and stay ahead of competitors, Monopoly Rules offers sharp insights on identifying and holding onto lucrative niches. It's a quick yet powerful read that shifts your perspective from just competing to owning specific segments. Perfect for entrepreneurs and business owners looking for practical strategies to secure long-term dominance.

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