Red Ocean:
1. The market and competition are already there; You don’t suffer or try in a new market because it’s already existing you just enter it and offer what you could serve.
2. System and protocol are also there; As you have the guidance you could follow to start your business, you should only follow a series of steps that were successfully applied before.
3. Outcomes are guaranteed; Trying the same equations will give you the same results, always.
The Blue Ocean:
1. Creating awareness in new market; You try something unique that haven’t been tried before, and see how people would response to that.
2. Owning the whole market share; This time, if the equation succeeds, The market is all yours.
3. Booming: If you acquired a good reputation, you’re booming under all conditions. #businessitaWE_tips