POSTS TAGGED : business competition

Why you Should Compare your Business to The Competition

Although many of us are advised not to compare ourselves to others, when it comes to running a business, comparison is key. It’s imperative that business owners continue to assess their competitors so that they get a better understanding of how their respective market operates on a regular basis. But, with so many aspects to consider, it can be hard for some entrepreneurs to know where to start.

Business strategy

As such, this article will discuss the importance of comparing yourself to others when running a business.

1. Improves Your Customer Service Strategy

Whether you work in a brick-and-mortar store or run a bustling e-commerce platform, keeping customers happy is probably one of your main goals.…

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How to Win in a Highly Competitive Market

Not all markets are highly competitive. That can be a real advantage if you happen to dominate a niche that no one else can do. Of course, there is a fine line between a niche and a monopoly.

Businesswoman using tech

Antitrust is a funny thing that is no laughing matter. Apple started out with two guys in a garage. They could get away with doing just about anything because they were not big enough to matter. Today, Apple gets sued for antitrust for almost everything they do. The way the laws are set up, it is practically impossible to avoid running afoul of antitrust once you reach a certain size.…

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How to Stand Out of Competition in Business: 5 Successful Tips

If you’re a business owner, I am sure you feel the whole world is turning against you. There is SO MUCH competition in the market and it is only increasing with time. To become successful, it is important to stand out and beat the competitors.

Winning the business competition

Here are some successful tips to do just that:

1. Recognize Your Target Market and Their Needs

You are in the world of business to offer a solution to a particular problem. The most important thing that you need to do is to figure out who exactly is facing the problem that you are offering a solution to.…

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Competitive Analysis: 5 Ways to Get and Keep a Leg Up on the Competition

When you own a business, you’re always looking for new ways to get ahead of your competitors. Here are five excellent ways to get ahead and stay ahead.

Get ahead in business competition using competitive analysis

Know Your Customers And Your Competition

An important part of the business industry is knowing your customers, but it’s just as important to know your competition. Use golookup.com to find more details on both of these groups. You can research your current customers and learn more about who they are and what they need. This will help you target other people who are similar to your current clientele. You should also learn more about your competition.…

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Smart Business Decisions To Keep Your Company Competitive

If you want to keep your company competitive, not only will you have to have a fantastic product or service, but you’re also going to have to have a backbone of incredibly smart business decisions. If you are at the top end of your company, it may be up to you to make those decisions. Or, if you’re more at the worker level, you can recommend to your managers that they start shaping up.

How to stay competitive in business

There are several different perspectives that you can approach smart business decisions from. You can use project management professionals to help you out. You can install intelligent software in the appropriate places.…

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How to Beat the Competition: 24/7 Phone Answering Service

A common complaint among small business owners is the battle to beat out the competition that exists in this day and age.

Since businesses open and close every year, estimates as to how many companies there are in the world are hard to make. Some experts place numbers well over 100,000,000 global businesses operating at any one time.

Business competition

So how then is it possible to compete, even beat the competition operating in your industry?

There are a number of things a small business can do, but today I’m going to suggest setting your business up to be able to take more calls — immediately!…

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3 Tips for Breaking Into a Highly Competitive Market

For many people looking to start their own business, it can be very intimidating thinking about coming into an already established market or industry. It’s very likely that there are already business or organizations within that market that are highly successful and have claimed a large portion of the market share. So when you’re in this situation, should you just give up on your dream to create your own successful business in this industry? No! You just have to know how to get the system to work for you.

Happy pet shop owner

To show you how you can start doing this, here are three tips for breaking into a highly competitive market.…

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Target The Competition With Better Sales Leads: Here are 4 Must-Dos

When you’re a small or medium-sized business, the competition can seem daunting. They have millions to spend on advertising campaigns and massive sales teams that can reach out to generate more B2B sales leads than you could possibly imagine.

Small business wins sales leads

Don’t be cowed by big business – as an SMB, you may have advantages you haven’t thought of that can help you beat the big companies to the punch, or win over their existing clients. Their clients could be a prime target for your lead campaigns if you develop an effective strategy for winning them over.

Below are the core concepts your lead generation campaign must include to win over new customers.…

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How Your Small Businesses Can Compete With Big Companies

A few years ago, small businesses that tried to compete with big brands found it difficult to keep up. For those business owners, it was an uphill battle they could not win. But today, your business can co-exist profitably with big box stores using these tried and tested approaches:

Customer service is your competitive advantage

Take Your Business Online

If you haven’t done so yet, it’s time that you do. Having a strong online presence is key to your success. Why? Because everyone is online nowadays! Build a professional website and use professional SEO services to help get your website as high up as possible in Google searches.…

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Ways Smaller Businesses Can Run as Efficiently as Larger Companies

While facing tough competition is a part of any business, it can be intimidating when trying to pitch your small business against a corporate giant. In fact, it might seem impossible, especially when you consider that your small business has a limited number of staff and a tight budget, while larger companies can splash the cash and hire staff when needed.

Running efficient small business

However, no matter how small your company, there are a number of ways you can make your business stand out and compete with the biggest corporate companies.

Upgrade Your Technology

One of the best tools that small businesses can utilise is technology, for two major reasons: efficiency and customer reach.…

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