Discuss strategies that fitness businesses can use

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Reference no: EM133792374

Discussion Post: Creating and Sustaining Competitive Advantage

Read Case: Peloton Interactive, Inc.: Creating New Market Space in the Home Fitness Sector (R. M. Grant, Contemporary Strategy Analysis, 11th edn., Wiley, 2022).

Remember that a case study is a puzzle to be solved, so before reading and discussing the specific case questions below, develop your proposed solution by following these steps:

A. Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course module which apply to the situation described in the case study.

B. Record the facts from the case study which are relevant to the principles and concepts of the module. The case may have extraneous information not relevant to the current course module. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers.

C. Describe in some detail the actions that would address or correct the situation.

D. Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case.

Task

1) Discuss the two general types of competitive advantage, and which type(s) does Peloton Interactive, Inc. possess?
2) Discuss how other companies in the home fitness equipment market attempt to gain a competitive advantage?
3) Discuss strategies that fitness businesses can use to differentiate themselves from competitors and create a strong brand identity?

Reference no: EM133792374

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