Focused Compounding EP 339. Competition Demystified: Customer Behavior, Reading a 10K, Retention Rates, Industry Structure, Etc.
13 snips
Jan 13, 2022 AI Snips
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Understanding Businesses Deeply
- Understand businesses deeply, including competitive advantages and customer behavior.
- Go beyond financial engineering and focus on truly grasping the business like an owner.
Analyzing Customer Behavior
- Analyze customer behavior by understanding product perception, usage reasons, and alternative searches.
- Consider customer responses to competitor price reductions to gauge their loyalty and business strategy.
Price Competition in 10-Ks
- Most companies cite price as a competitive factor in their 10-K filings.
- Absence of price competition suggests unique industry dynamics, like regional focus or customer loyalty.