── ── Strategy

Death Spiral

A death spiral is a self-reinforcing negative feedback loop in competitive markets. Unlike ordinary decline — which is linear and potentially reversible — a death spiral is non-linear: each deterioration step actively causes the next to be worse and faster. The cycle begins when a competitor breaches a company's primary moat, then propagates through share loss → revenue decline →…

How it works

Step 1 — Audit moat dimensions: Name 3–5 advantages (network effects, switching costs, data, brand, distribution, patents). Rate each: strength (strong/moderate/weak) + trend (stable/eroding/rapidly eroding).

Step 2 — Identify breach conditions: For each moat, name the specific competitor action or tech shift that would establish a durable advantage over it.

Step 3 — Check early-warning signals: Multi-quarter share decline? Rising CAC? Rising churn? Any confirmed = spiral may have started.

When to use it

  • user says 'we're losing market share,' 'our growth keeps slowing and I don't know why,' 'a competitor is gaining on us fast,' 'what's the worst-case trajectory here,' or a business shows two or more consecutive quarters of declining key metrics with no identified reversal mechanism

When not to use it

When the decision is routine and reversible, applying a formal method costs more than it returns.

Worked example

Kodak's Death Spiral (1994–2012)

Kodak's moat in the 1980s was among the most formidable in consumer markets: proprietary chemistry for film and paper (technology moat), a massive global distribution network through pharmacies, photo labs, and retailers (distribution moat), and brand trust so deep that "Kodak moment" had become a cultural idiom (brand moat).

Install this skill (free, MIT)

$npx skills add deciqAI/knowledge-skills
View Death Spiral source on GitHub →

Start free. Pay when it pays off.

These skills are open source. deciqAI is the operator team that runs them — autonomously, on your company.

Start free