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Thoughts on cabinet friction from a professional grader.
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<p>[QUOTE="Razz, post: 3524688, member: 100526"]Fact is the coin grading "business" is in a "mature" market and has been for some time...</p><p><font size="4"><b>Here are six signs that your market might be maturing:</b></font></p><ol> <li>Customer needs/desires do not appear to be evolving rapidly.</li> <li>Consolidation by leading competitors is reducing competitive intensity.</li> <li>Disruptive innovations and new entrants are gaining share only gradually and top out at relatively low levels.</li> <li>Market shares of leading competitors have solidified and are changing gradually, if at all.</li> <li>Price, brand and/or channel strategy has supplanted product innovation as key value drivers.</li> <li>Cash flows are increasingly turning positive and being returned to investors rather than invested into the market.</li> </ol><p>So the Corporations know this and must add product innovations (think CAC stickers) as key value drivers, in absence of that they "innovate" new "grading standards"...this is pretty basic business 101 stuff people...</p><p><br /></p><p>Corporations can be a good thing, but once you get to a point it starts to be harder and harder to keep on the profits without expanding somehow...IMO</p><p><br /></p><p>Edit: yes I cut and pasted the 6 signs of market maturity from an internet source; for informational purposes only and easily googled.[/QUOTE]</p><p><br /></p>
[QUOTE="Razz, post: 3524688, member: 100526"]Fact is the coin grading "business" is in a "mature" market and has been for some time... [SIZE=4][B]Here are six signs that your market might be maturing:[/B][/SIZE] [LIST=1] [*]Customer needs/desires do not appear to be evolving rapidly. [*]Consolidation by leading competitors is reducing competitive intensity. [*]Disruptive innovations and new entrants are gaining share only gradually and top out at relatively low levels. [*]Market shares of leading competitors have solidified and are changing gradually, if at all. [*]Price, brand and/or channel strategy has supplanted product innovation as key value drivers. [*]Cash flows are increasingly turning positive and being returned to investors rather than invested into the market. [/LIST] So the Corporations know this and must add product innovations (think CAC stickers) as key value drivers, in absence of that they "innovate" new "grading standards"...this is pretty basic business 101 stuff people... Corporations can be a good thing, but once you get to a point it starts to be harder and harder to keep on the profits without expanding somehow...IMO Edit: yes I cut and pasted the 6 signs of market maturity from an internet source; for informational purposes only and easily googled.[/QUOTE]
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