What is intertype competition example?
Definition of Intertype competition: Competition among firms in different types of businesses but which sell the same product. For example, tires may be sold through automotive parts stores, discount stores, gas stations, or specialized tire shops.
What is retail competition?
Abstract. Under retail competition, retailers intermediate between the wholesale prices and the retail contracts offered to end-customers. This can be achieved where the wholesale prices are set efficiently, and where the retailers have access to the tools they need to hedge those network prices.
What is horizontal competition?
The rivalry to gain customer preference among entities at the same level, such as competition among competing wholesalers or competing retailers.
What is vertical competition?
Vertical competition occurs along a channel or a value chain, where each stage of the channel or each contributor to the value chain takes a slice of the revenue pie — or extracts some other benefit for themselves — from the delivery of the final product or service to the consumer.
What is Intratype competition?
Intratype occurs when two retailers of the same type compete against each other for customers. This might include CVS and Walgreens or Kroger and Publix. Intertype competition pits retailers of different types against one another, such as a grocery store selling greeting cards to compete with stores like Hallmark.
Who are 7-Eleven competitors?
7-Eleven competitors include American Greetings, Taco Bell, Circle K and Alimentation Couche Tard.
What is wholesale competition?
The wholesale competition scenario is characterized by a set of distribution companies (Discos) that provide a bundled service (power plus wires) to consumers, while the retail competition scenario is charact rized by unbundling the wire service from the power service.
Which is an example of horizontal competition?
An example of a horizontal market is the demand for pens across any and all industries. Pens are used in basically all industries, and so success or failure for pen producers is determined by internal decisions and factors, rather than macro events.
What is vertical competition example?
Facebook is an example of a very strong vertical competitor — if a marketer wants to reach Facebook’s audience, they have to pay Facebook’s price, regardless of the other martech or adtech software they’re using. For a while, Internet Services have been the strongest players in the vertical digital marketing chain.
What is Channel competition?
channel competition. efforts by the marketers within a channel of distribution, or by channels as a whole, to establish dominance over the others. For example, the restaurants in a downtown district compete with each other for customers as well as for the best locations and suppliers.
What is the difference between Intratype and intertype competition?
Intratype occurs when two retailers of the same type compete against each other for customers. Intertype competition pits retailers of different types against one another, such as a grocery store selling greeting cards to compete with stores like Hallmark.
Who is the CEO of 711?
Joseph DePinto (Dec 1, 2005–)
7-Eleven/CEO
Joe DePinto is the President and CEO of 7-Eleven, Inc. and leads the premier company in convenience retailing. Before being appointed Chief Executive of 7-Eleven, Inc. in 2005, DePinto was President of GameStop Corporation.