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    Home»Success»Leadership & Growth»This CEO Saw a Competitor Beating Her on Price — So She Changed Her Entire Business Model
    Leadership & Growth

    This CEO Saw a Competitor Beating Her on Price — So She Changed Her Entire Business Model

    FinancialAdviser.phMarch 26, 20252 Mins Read
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    For Maritel Nievera, founder and CEO of Cabalen Group of Restaurants, business success hasn’t always come from innovation — sometimes, it came from knowing when to adapt.

    “There was a time when our sales suffered terribly because we had one competitor who was offering a buffet service at a very low price,” she recalls.

    At the time, Cabalen operated as a high-end, à la carte restaurant. But the market was shifting. Diners were gravitating toward buffet-style concepts that offered more value for less. Cabalen’s premium pricing made it hard to compete — and Nievera knew she had to act fast.

    “What I did was rethink our strategy and adopt my competitor’s model,” she says. “I observed and simply copied how they did it, including their marketing campaign, and offered our price at ₱100 lower than the competition.”

    It was a bold move. Transitioning from à la carte to buffet-style dining required operational changes, pricing adjustments, and a complete shift in brand positioning. But Nievera didn’t hesitate.

    The strategy worked. Customers who had drifted away returned, and the brand began to attract a new wave of diners looking for value, variety, and familiarity. Cabalen quickly found its new identity — as a well-loved Filipino buffet restaurant.

    “Since then,” she says, “Cabalen has been known as a buffet restaurant.”

    What began as a reactive move turned into a long-term strategy — one that helped the company not just survive, but thrive in a highly competitive food industry.

    The takeaway:

    Sometimes, the smartest strategy isn’t reinventing the wheel — it’s recognizing what works, adapting quickly, and executing with purpose. Maritel Nievera didn’t let pride get in the way. She made the shift — and in doing so, turned a challenge into the foundation of her brand’s success.

    This article includes quotes from an interview originally published by Esquire Philippines, authored by Henry Ong.

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