What are the two major strategic group competitors for Better World Books and what are the...

80.2K

Verified Solution

Question

General Management

What are the two major strategic group competitors for BetterWorld Books and what are the significant future actions of eachcompetitor?

Answer & Explanation Solved by verified expert

3.8 Ratings (493 Votes)

Better World Books was formed when competition already existed in the form of none less than Barnes Noble Alibris and Amazon However look at their growth and their sustainance on a shoe string budget with scant offerings of investment and one will believe the adage where there is a will there is a way Firstly let us understand the strategy of Better World Books Firstly it was a company which was formed with a for profit philanthropist aim social resposibility being a prime aim In spite of hardships the company never sacrificed its social and charity aims They came up with innovative and out of the box approach and managed to survive in a highly competitive environment alongwith living up to the promise in their name Better world The procurement strategy of Better World was what can be said to be the major factor in its success They asked people to donate books which they would throw away or no longer needed It was very successful not only because people could get rid of unwanted books easily all their donors got a sense of satisfaction See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member