An economic moat is a business's ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share from competing firms.
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What are common SaaS moats?
Common moats include Network Effects (Slack is more valuable because others use it), Switching Costs (it's hard to migrate data out of a CRM), and Proprietary Data (having insights no one else has).
Knowledge Challenge
Mastered Economic Moats in Software? Now try to guess the related 6-letter word!
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