Follow-the-Leader Strategy

Get Babylon's Translation Software! Free Download Now!
Babylon 8 - Your all-in-one solution
Award winning translation software trusted by millions. Translate from any language to any language.
View Demo


MONASH Marketing DictionaryDownload this dictionary
Follow-the-Leader Strategy
decisions and actions taken by a firm which chooses to follow the market leader as an alternative to challenging it; essentially reactive, follow-the-leader strategies, also known os "me-too" strategies, minimise the risk of retaliation which might result from an attack, direct or indirect, on the market leader's share. See Breakthrough Strategies.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

Define Follow-the-Leader Strategy

Translate Follow-the-Leader Strategy