This is something that has really been a burden to me and I need ideas on how to come out of it.
A lot of people out there are also facing same challenges.
You can imagine successful setting up a business in a well suitable location and then just when you think things are getting better and enjoying your peace of mind. You find out that another person gets to set up the same business as yours very much close to you.
If this isn’t envy what else should it be call?
I mean you scouted the place and that is when others wants to buy in to the same idea.
Even if they want to start a business in the se location why the exact business some other person had on going.
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
As long as you are the better business, the customers will come to you, regardless of how many similar businesses are placed near you. But you really need to find that one thing that will make you stand out from the other businesses and marketing can take you only so far.
Competition is good for business, it keeps you on your toes and makes sure the customer gets exactly what he/she wants.
Costumer satisfaction is really important since without threating well our costumer for sure we would not became a better business for them. So what we could able to do to overcome our competition is to scout what they are offering to their costumer then offer more than what they can give. For sure that costumers would go to our business if they know that we have lots or more discounted price.
Also we should know that being friendly and have good relation costumer is another recipe for success. Since also there's no people will go to seller if they know that they are bad person. Also for sure there's lots of marketing methods or other things helpful so that we can overcome then succeed to defeat our competitors.