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Planet Money

Summer School 2: Competition and the cheaper sneaker

Jul 19, 2023 · 31m
AI Summary
  • Summer School episode 2 focuses on competition strategy when entering crowded markets with new business ideas
  • Starbury basketball shoe serves as case study of competing against established brands like Air Jordan and the dangers of perfect competition
  • Two handbell companies demonstrate how successful differentiation convinces customers that nearly identical products are actually different

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