Digital Retailing – Headwinds and Tailwinds in Used Car market.
This post looks at strategies of Carmax and Carvana and gives pointers to dealerships on how digital retailing can help them to face the competition
Category: Strategy
Competitive forces shaping automotive retail
In his seminal work on how competitive forces shape strategy[1], Michael Porter stated that, “ the essence of strategy formulation is coping with competition”. There […]