Definitions for first-mover advantage
first-mover ad·van·tage

WikipediaRate this definition:0.0 / 0 votes

1. First-mover advantage

   In marketing strategy, first-mover advantage (FMA) is the advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage may be gained by technological leadership, or early purchase of resources. A market participant has first-mover advantage if it is the first entrant and gains a competitive advantage through control of resources. With this advantage, first-movers can be rewarded with huge profit margins and a monopoly-like status. Not all first-movers are rewarded. If the first-mover does not capitalize on its advantage, its "first-mover disadvantages" leave opportunity for new entrants to enter the market and compete more effectively and efficiently than the first-movers; such firms have "second-mover advantage."

How to pronounce first-mover advantage?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say first-mover advantage in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of first-mover advantage in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of first-mover advantage in Pythagorean Numerology is: 4

Examples of first-mover advantage in a Sentence

1. Richard Aboulafia:

   When you have first mover advantage, ramping up is hugely important.

2. Jeff Platt:

   Inventing this thing gave us first-mover advantage, that’s what allowed us to get so far ahead of the competition. When you get to a certain size and scale, it lets you invest in technology and innovation. You can pour money into marketing that the competition just ca n’t. And having 100 units gives us more notoriety and brand equity.

3. Larry Glazer:

   State Street is a notable laggard in adviser support, given State Street’s scale and first mover advantage as an ETF pioneer, they have abysmal adviser support. It's almost a laughing matter in the industry.

4. Lee Sang-un:

   By the time new entrants arrive en masse, they'll be mainly churning out what Samsung's manufacturing now, while Samsung may have shifted to more advanced panels like foldable screens, samsung will still have that first-mover advantage.

5. Mark Giblett:

   As such, it is likely that Japanese and Chinese companies will be bidding quite aggressively on the early projects so that they can secure a 'first mover' advantage in the market.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/First-Mover_Advantage