Sunday, January 27, 2013



The Big Three in Business
Being perceived as one of the top three in a market, regardless of industry, industry sector or market size, is critically important.  These market leaders are or can be referred to as The Big Three. 
Big Three U.S. broadcast television networks:
NBC, ABC, CBS
Big Three denim jeans makers: Levi Strauss, Lee,
Wrangler
GE Lighting
Big Three U.S. breakfast cereal makers: Post,
Kellogg’s, General Mills
Big Three global retailers: Walmart, Asda, Carrefour   
Big Three food retailers in the U.S.: Walmart, Kroger,
Costco
Big Three food retailers in Canada: Loblaws, Metro,
Sobeys
Big Three food retailers in Slovenia: Mercator, Spar,
Tus
Big Three U.S. food services companies:
Compass Group, Aramark, Sodexo 
Cadbury’s
Edy’s/Dreyer’s, Blue Bell
Big Three U.S. fast food hamburger restaurants:
McDonald’s, Wendy’s, Burger King
Big Three U.S. office products retailers: Staples, Office
Depot, Office Max 
Barnes & Noble
Big Three U.S. wireless carriers: Verizon, AT&T,
Sprint Nextel
Big Three management consulting firms: BCG,
Bain & Company, McKinsey
Moody's, Fitch  
Big Three U.S. colleges: Harvard, Yale, Princeton 

Name #4 in any category above.  Some are hard to imagine.  A business manager or owner knows his or her business must be perceived as one of the three biggest or best or cheapest.  The categories depend on market segmentation, and market segmentation depends on different perceptions of the company, organization, product or service.  “History shows that the first brand into the brain, on the average, gets twice the long-term market share of the No. 2 brand and twice again as much as the No. 3 brand.  And the relationships are not easily changed.  The leader brand in category after category outsells the number two brand by a wide margin….Many marketing experts overlook the enormous advantages of being first.”
from Threes, Chapter 8, “Threes in Business and Technology”

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