
Livon™
Differentiate or die
Four retailers in tough competition for the same customers in a growing market.
The overriding challenge in this board-based simulation is to build and retain a profitable customer base. To be successful, you need a strong market position and the ability to defend it.
Critical decisions
At the start, the four retailers are "all over the place". As a management team, your job is to decide on your desired market position, and capture it in the most cost-effective way:
- Go for the high end of the market... or the low end?
- Pursue a unique niche... or attack a competitor's stronghold?
- Build capacity in advance... or wait for the demand to grow?
- Compete on differentiation... or on price?
- Defend your achieved position at all costs... or move to another?
Through this you learn what it takes to be glocal: to adapt a global framework (corporate strategy) to local market conditions.