Centralized services may operate on top of the bitcoin protocol but will always face high competition due to the relatively low barriers to entry (open source software) and
low switching costs (installing apps on a smart phone).
Low cost smart speakers represent fairly
low switching costs.
But the upside is that there are
low switching costs.
Porter's theory says that a customer's potential to switch to a substitute product will increase under a number of circumstances such as relative price,
low switching costs, and ease of substitution.
The dating industry is competitive, with
low switching costs and a consistent stream of new products and entrants, and innovation by our competitors may disrupt our business.
Force the giants to
lower switching costs.
The lower the switching costs the harder for less established firms to compete with MSFT and ORCL.
Not exact matches
When that happens, the demographic pinch is likely to force China's economy to
switch from
low -
cost exporter to advanced welfare state faster than any large nation has ever done before.
«So much opportunity exists for entrepreneurs because
switching costs for most customers are
low and many are willing to try new, relatively untested technologies,» Knoll says.
Consumers today have almost infinite choices and very
low, if any,
switching costs.
By
switching to a similar portfolio made up of
low -
cost index funds, they could save $ 14,000 a year.
After discovering how much I was wasting on actively managed mutually fund fees that didn't have a perfect track record for beating their respective benchmarks, I
switched to
low cost index fund ETFs.
In addition, 15 percent say they have increased their plan's
cost - sharing to avoid reaching the excise tax thresholds, and 9 percent say they
switched to a
lower -
cost health plan.
I'm considering a
switch to
low -
cost investing (ETFs, index funds) after being with mutual funds and managed portfolios for 30 years - tired of the fees and lack of service.
Shop owners can either increase the prices of what they sell for all customers, or can pass on the
cost directly to customers that use high -
cost methods by adding a surcharge, which encourages people to
switch to
low -
cost methods.
Due in part to a growing lack of faith in traditional financial advising brought about by this trend, more and more investors are
switching to
low -
cost passive online advisors (often called robo - advisors) who exclusively or almost exclusively invest clients» capital into index - tracking funds, the thought being that if they can not beat the market they may as well join it.
After that, he often
switches them to more transparent and
lower -
cost stock and bond funds managed by institutional money managers.
Generally speaking, SMB customers tend to alternate SaaS products more regularly because
switching costs are
low and are more likely to go out of business.
Many financial advisers who favor
low -
cost, broadly diversified and tax - efficient portfolios for wealthy clients are
switching from no - load index mutual funds to exchange - traded funds, or at least including ETFs in the portfolios.
This isn't necessarily optimal for (all) platforms — it cannibalizes a potential revenue stream and reduces
switching costs — but it would dramatically
lower the friction of entering and actively participating in accredited crowdfunding markets.
A subscriber requested corroboration of the findings in «Simple Debt Class Mutual Fund Momentum Strategy» with a universe restricted to a family of bond funds (such as Fidelity) to enable
low -
cost fund
switching.
But I
switched us to CreateSpace because the per - unit
cost isn't much more than going with a big printer, the upfront
costs are way
lower (maybe $ 250 vs $ 5000?)
Recently, an American International sales representative was able to help a fruit processor reduce
costs over 35 % by having the technical experience to suggest
switching to an equally effective, but
lower cost alternative.
For
low risk women without complicating conditions at the start of care in labour, the mean incremental
cost effectiveness ratios associated with
switches from planned birth in obstetric unit to non-obstetric unit settings fell in the south west quadrant of the
cost effectiveness plane (representing, on average, reduced
costs and worse outcomes).25 The mean incremental
cost effectiveness ratios ranged from # 143382 (alongside midwifery units) to # 497595 (home)(table 4 ⇓).
With the warranty it's actually
lower cost than a cheaper mattress which needs replacement every few years - and without the hassle of
switching.
HOPE Diapers also seeks to make the start up
cost of entry associated with
switching from disposables to cloth as
low as possible by providing
low cost diapering kits that work with flat cloth diapers.
Switching members from snailmail to email for many communications has the obvious advantage of
lowering mailing
costs and can also reduce the barriers for...
Switching members from snailmail to email for many communications has the obvious advantage of
lowering mailing
costs and can also reduce the barriers for donations (besides turning your members into potential e-advocates).
The
switch won't save the city money, but it may help reduce
costs for airlines and help
lower fares, she said.
In recent years, historically
low natural gas prices have driven down wholesale electricity
costs as plant owners
switched to that fuel, making nuclear power less competitive financially.
Ofgem, the independent regulator, calculates that the average household could save # 200 by
switching to the
lowest cost supplier - but fewer than one in seven households do so.
«Squishy robots: Phase - changing material could allow even
low -
cost robots to
switch between hard and soft states.»
In this context,
switching from high -
cost diesel to a
low - carbon alternative fuel isn't just the green thing to do; it's key to ensuring consumer products stay at affordable prices, Elizabeth Fretheim, director of business strategy and sustainability logistics at Wal - Mart Stores Inc., explained at a symposium last week hosted by the nonprofit group Business for Social Responsibility (BSR).
Overall, having access to the tool was not associated with reduction in outpatient spending, and patients did not
switch from more expensive outpatient hospital - based care to
lower -
cost settings.
Across the study area, there are so called «hotspots» where the
switch to perennials can provide a substantial benefit for a
lower cost.
Using current conservation program and environmental market value, these beneficial environmental outcomes in the study area are valued at a mere $ 3 million, which is much
lower than the $ 30 million opportunity
cost to farmers for
switching their land to perennial production.
When the time comes to
switch insurance at the end of the year, the patient can also
switch to the
lowest -
cost insurance plan available or an HSA plan with a high deductible.
I like the idea of
switching supermarkets to whichever has the cheapest meat, but I still don't see that coming very close at all to the
lower -
cost options.
More people are
switching to
lower cost entertainment, fueling the growth of online dating.
Nintendo is going to wait too long after releasing the app that the hype will die down, and when combined with the higher
cost, fewer will buy Animal Crossing:
Switch than those who bought New Leaf - mark my word right now, AC:
Switch will have a
lower lifetime tally than New Leaf.
The increase in turnover will raise
costs and pose the threat of
lower average effectiveness, as my own simulations for a
switch from DB pensions to cash balance plans show.
Although there are well - known advantages of RWD in terms of sporty handling, it was ultimately decided that by
switching Maxima from its previous platform to Nissan's new «D platform,» which was first introduced on the current Nissan Altima Sedan, Hybrid and Coupe, the target Maxima performance could be delivered — without giving up the added FWD benefits of
lower costs,
lower weight and enhanced roominess versus a RWD platform.
I decided to make the
switch from Mercedes - Benz, which I could no longer afford to purchase or maintain to a more practical vehicle, and anyone I know who drives Honda raves about your reliability and
low -
cost maintenance.
This means that they don't have to leave their library behind if they adopt a new provider,
lowering or eliminating the
switching costs completely.
I should mention that this is a dangerous strategy, particularly with an internet company, because the
costs of
switching are
low for customers.
If you plan to sign up for PSLF, you can cut
costs even further by
switching to an income - driven repayment plan to
lower your monthly payments.
You can compare the
costs under a variety of scenarios, including the possibility of starting off with a
lower income and later
switching to job with a higher salary.
You're already familiar with many of the classic retirement - boosting tactics — like cutting out a latte a day to save money, or
switching to
low -
cost mutual funds to boost your investment returns — but there are new tactics to consider as well.
Switching from high -
cost mutual funds to a
low -
cost Couch Potato portfolio can boost your long - term performance by one or two percentage points all on its own.
Neil Gross, executive director of investor rights group FAIR Canada, says for the most part Canadian consumers are too complacent in terms of tolerating fees from companies such as banks, rather than
switching to
lower -
cost options such as credit unions or some of the emerging financial technology startups.