Here are 10 industries that are primarily dominated by company that I can think of. Companies in which are almost untouchable in their industry of choice. (Not saying they don’t have competitors, even fierce ones, but overall dominant in their field/niche)
- Jansport in backpacks. book bags backpacks, whatever you call it, you had a jansport.
- Hanes and underwear. At one time we have all owned underwear made by hanes.
- Colgate and toothpaste.
- Oldspice and deodorant.
- Canon and photography.
- H&M and Forever 21 for affordable fashion. Untouched, locally.
- Kleenex and tissues.
- Tide and laundry detergent.
- Verizon and cable.
- Netflix and streaming.
All ten of these have competitors, they do not have 100% market share. But they all have the majority (I believe). Why can’t others compete? I think it comes down to scale. They just get outpriced. And these are items in which value is primarily delivered by price not as much service driven markets.
