Michael Bergdahl Quotes

I don't see anything Wal-Mart can do that other retailers can't.

But they are also better, our competitors are better because Wal-Mart exists.

Most companies in a capitalistic system compete mightily to obtain monopolistic positions so they can avoid capitalistic competition thereafter. Whenever a business person must compete for price, he tends to describe that derisively as a “commodity business” and tries to remedy the situation.

The way companies hang on to their marketshare is by being scared.

In a maturing market it's not advisable to be always everybody's darling, because you get too thin.

There's competition everywhere.

In a commodity business, it's very hard to be smarter than your dumbest competitor.

Pretty much, Apple and Dell are the only ones in this industry making money. They make it by being Wal-Mart. We make it by innovation.

Standards wars involve lots of variables, and understanding them often seems more an art than a science. They generally involve just two big players, and end in a winner-take-all situation.

The biggest threat to McDonald's lies within - and that is us as a company becoming complacent. There are a lot of companies that get fat, dumb and happy and take their eye off the ball and forget about serving customers.

When you start losing market share, it's really tough to gain it back; you need the product portfolio and presence in many markets.

It's competition that forces companies to get out of their complacency.

If being the biggest company was a guarantee of success, we'd all be using IBM computers and driving GM cars.

I say at our management conferences that the amount Wal-Mart grows in just one year is the equivalent of Costco's size.

Competition is good because we need to educate customers, and Ozon.ru itself will not be able to do it.

It's really hard to run a business against somebody who is not acting as if it were in business.

I don't think there is any franchise more powerful than ours around securing the consumer experience and we will not concede that to anyone including Microsoft.

We don't have a monopoly. We have market share. There's a difference.

Business is Business.

Competition is always there.

Someone is out there looking to put you out of business. Someone is out there who thinks they have a better idea than you have. A better solution than you have. A better or more efficient product than you have.

All business is basically about customers and marketing and making money and capitalism and winning and promoting it and having something someone really wants.

We got bigger, much scarier competitors. We ended up with Microsoft, a company with all the money in the world, the way I look at those guys. And IBM, another company that, historically, dwarfed us.

I look at companies as price-players or quality-players. The only way to go with J.Crew was quality.

When a market isn't in transition, gaining market share is hard - you're fighting to take one or two points of share from competitors.