Benefits and drawbacks of first mover strategy


Assignment:

What are the benefits and drawbacks of a first mover strategy? The benefits of a first mover strategy include capturing the greatest market share and developing long-term relationships with customers. Disadvantages include the possibility that companies that follow can learn from mistakes by first movers. Apple has been a first mover with its iPod products.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include  references.

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Marketing Management: Benefits and drawbacks of first mover strategy
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