Business Pitch Dictionary by pitch.dog
Strategic choices & advantage · Working

Economies of scope

Also called: scope economies

ELI5

Offering several things together is cheaper or more valuable than separately.

Used in conversation

“The platform creates economies of scope across three services.”

Definition

Advantages gained by sharing resources or capabilities across different products, customers or markets.

Here “Economies of scope” means: Advantages gained by sharing resources or capabilities across different products, customers or markets.

Pitch context

You will see “Economies of scope” in strategy decks, market analyses, business plans and planning workshops when the discussion reaches strategic choices & advantage.

Why it matters: It helps a reader interpret strategic choices & advantage without confusing the measure, decision, role or evidence being discussed.

Sources & evidence · 5

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.