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#40 Ben Thompson: Thriving in a Digital World

The Knowledge Project with Shane Parrish

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The Power of Integration in Business

Integration in the value chain can lead to a significant impact on a business. By offering a wide range of choices at launch, like Netflix did with an initial 11,000 movie library, a company can create a compelling user experience that attracts customers and increases economic power. This increased power enables companies to sign new suppliers, create original content, and reshape the entire value chain. Through integration and differentiation, businesses can build new value chains, 'bundles,' and revolutionize the industry by breaking down traditional structures and forming new connections, essentially leading to a paradigm shift.

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