How did you managed to outsmart your competitors?
- Thread starter Stardom22
- Start date
To outsmart your competitors, you have to offer products which meet with the needs of your target audience. In addition, exceptional customer service also plays an important part. Launch creative marketing campaigns from time to time to boost the image of your brand.
There is someone who sells like my goods around my area. The only reason or way in which I’ve been able to outsmart her is that there are some extra goods that I sell and they can only be found in my shop and not hers
I have been able to outsmart my business competitors because I am given to learning and in that process, I have discovered methods that have made the cost of my production very reduced.
You have to be continually strategic to bring out counter strategies from the one the competitor is bringing in order to outsmart them.
I agree with you. It is not easy because competitors will not share theiir datum with regards to their weaknesses and strengths. Thus, conducting a business feasibility study.
The most effective strategy to use and outsmart your competitors is to find a point to offer a reduced price. It would gravitate people so greatly towards your products.
Keeping an eye on your competitors is quite important. In many cases, many businesses form a monopolistic policy. Almost all of the major businesses tend to agree to sell their products for a fixed price. This eliminates competition to some extent.
