Price Corridor Map

Price Corridor Map

Assessment

Interactive Video

Business

University

Hard

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The video tutorial explains the Blue Ocean Strategy, focusing on the implementation process from buyer utility to adoption. It introduces the price corridor map, a tool to understand customer price sensitivity and derive target costs. The tutorial details how to use this map to identify optimal pricing, make strategic decisions, and align cost structures with profit margins. The ultimate goal is to achieve Blue Ocean objectives by developing a market within a specific price range.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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