Definition
Industry Disruption occurs when a startup introduces a new product, service, or business model that fundamentally changes market dynamics, challenging established competitors and practices.
Frequently asked questions
What is industry disruption?
Industry disruption is when a new player changes the game for everyone. They introduce something so different that it makes people rethink how things are done.
What are indirect and direct channels marketing?
Direct channels marketing involves selling directly to customers. Indirect channels use third-parties like agents or stores to sell products.
How do you disrupt an industry?
To disrupt an industry, you need a bold, new idea. It should solve problems in ways no one thought of before. Then, you deliver it in a way that`s hard for others to copy.