custom essays on cannibalisation (1 essays)

“cannibalisation”

1913 words/7 pages

A usual practice is the market leader to wait and do not cannibalize a product unless it has to . It is thought that a company should acquire and develop a new technology that will produce a newer and better product than an existing one and then wait . Then as competitors surface and attack market share , cannibalization of a product is ripe . Then and only then quick introduction of a new product into the market will deter competition , increase profits and...