Post
Topic
Board Economics
Re: Can one face competitors in business and still succeed. And how?
by
Mame89
on 01/11/2024, 16:56:55 UTC
Please I need ideas to be shared so one can find a solution to problems like this. And others who has intention of going in to business won’t be a problem or look like they’re being a competitor to the already existing business owners. this is the reason for this trend
When facing competition in business and being successful, the first thing you need to do is prioritize service and communication because both are one of the weapons to increase success in business.

In the midst of increasingly tight business competition, price competition will also occur. However, if you have a quality guarantee (value) that is not the same as them even though the product is the same. However, if you have good service and communication, it will be an added value, sometimes the price we sell is a little expensive, it will not be a problem for buyers.

As a seller, you definitely like to attract potential buyers with simple offers plus providing detailed product information. That way, customers can understand and your target is achieved. Whoever comes to you, try to get him to buy your goods, don't let him fail to buy. Even though your price difference is more expensive, even though the price difference is not much different. However, if you have good marketing knowledge, your business will grow even more in the midst of the same business competition.