Friday, December 07, 2007
Commoditization of everything
The high profit margins that innovation leaders can extract from their markets have a shortening shelf life. Knowledge flows with the speed of light and makes competitors faster to catch up, bring to market matching or better products at a lower price. No industry is exception; commoditization drives prices down, capabilities and customer expectations up, everywhere
George Pór of CommunityIntelligence
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credit
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tarted by ---gallizio
in the everattempting rotowashed years
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Labels: attention_economy, gallizio, p2p