The New Retail Brand Frontier: Disruptive Innovation
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At a broad level, three distinct forms of disruptive innovation impact our world today:
- high-quality innovation;
- low-end disruptive innovation; and
- new market creation.
High-quality innovators focus on meeting the demand for higher-quality products, services and experiences from consumers willing to pay more for the improvements. Disney, for example, has pulled customers away from existing competitors by offering superior content and a higher-quality experience (at a higher price).
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- Companies:
- Amazon.com
- Wal-Mart
- People:
- Disney
Ebrahim Busheri
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