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by solatic
2360 days ago
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Brand isn't everything, it doesn't "crush" competitors in markets without winner-takes-all characteristics (i.e. network effects). People buy smartphones that aren't iPhones; people buy burgers not made by McDonald's; people rent hotel rooms not offered by Hilton or Marriott. By the time the upstarts get competitive enough to force the incumbent to act, the upstarts already have branding and market power of their own, and are not so easily crushed. |
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Hotels, Food, etc are very much Brand focused, and absolutely people have their preferred brand of Hotel and Fast Food (and despise other brands)