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- Here are some examples of successful business strategies:
- Best Buy: A shift in business strategy led to rapid growth for this multinational electronics retailer.
- Nike: As the largest sportswear manufacturer, Nike's focus on shoes, clothing, and accessories has made it a leading global sports brand.
- Starbucks: Known for exceptional customer experiences, Starbucks has successfully implemented customer retention programs and social responsibility initiatives1.
- Cross-selling and upselling
- Cost leadership
- Innovation
- Differentiation
- Acquisition2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.3 Companies With Successful Business Strategies
- 1. Best Buy Best Buy, the multinational electronics retailer, is an excellent example of how a shift in business strategy can lead to rapid growth. ...
online.hbs.edu/blog/post/business-strategy-examples9 business strategy examples
- 01. Customer experience Companies like Zappos, Starbucks and Amazon are known for their exceptional customer experiences. ...
- 02. Cross-selling and upselling ...
- 03. Customer retention programs ...
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Explore further
- Best Buy. Best Buy, the multinational electronics retailer, is an excellent …
- Nike. As the largest sportswear manufacturer of shoes, clothing, and …
- Starbucks. The world's largest coffeehouse chain, Starbucks, also needed to …
- Customer experience. Companies like Zappos, Starbucks and Amazon are known for their …
- Cross-selling and upselling. Focusing on selling more products to existing and new …
- Customer retention programs. Creating more customer loyalty is a viable and lucrative …
- Cost leadership. Cost leadership is a strategy where a company offers the lowest prices in a …
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