Should you know your competitor's products too?

[Joshua Farrell]

A successful salesperson knows the strengths and weaknesses of competing products. Do you think that knowing your competitors products, helps to sell what you are selling? Could be like being in an office supplies store. Knowing which competitor products is worse off than your store's own products, might potentially help boost sales.

 

[Shavkat]

It should be for the companies to know the competitors' products. It is more applicable if they have the same field of businesses. It is also a part in conducting a business feasibility study.

 

[Niyi Briggs]

For me, I would disguise and buy my competitors produces too. That's to help know the quality that he is operating at so that I don't lose out in the market.

 

[Springtime]

It is of utmost importance to know the products of your competitors. You need to know your strengths and weaknesses relative to your competitors. If your competitors are selling products which are of better quality than yours, you will lose your customers.

 

[Magnus2022]

In fact, it is one of the most important steps to take. You ought to use your competitors product to ascertain the quality, characteristics and quantity. This helps in feasibility studies. It helps to know how the weaknesses and strengths of your competitors.

 

[cherry123]

Yeah you need to know which will need you conducting a business feasibility study. companies need to know the competitors' products. so you would know how to be a step ahead of them

 

[Heatman]

It is always very important for you to know what your competitors are doing in the market especially with their product because it is what determines how customers will look at what they are buying from both of you in the business.

 

[cherry123]

There's no harm in knowing about your competitors products and the doing in the market this will help you know what they are doing right and how you can improve on your own.

 

[IB D]

You must not just know but possibly consume the products of your competitor. And if it is a successful competitor, you can have a clue of how your products should be.

 

[cherry123]

Looking at your competitors products would help give you or make you have a clue of how your products should be made to compete favorably with and win with yours

 

[Yohanna]

Getting acquainted to your computer's product is a very good way to outsmart them.

 

[eldavis]

Definitely, how can you be able to compete if you do not know a thing about your competition. There are some who even go as far as using products from their competition so they can be able to improve theirs.

 

[Shavkat]

Definitely, how can you be able to compete if you do not know a thing about your competition. There are some who even go as far as using products from their competition so they can be able to improve theirs.

I agree with you. How can you compete with the other companies if not knowing their products. We need to be alert and vigilant with this concern. If not, we cannot able to cope with the competitors.

 

[Reedex]

Knowing your competitors product is translated to knowing their weak point.

 

[Niyi Briggs]

I agree with you. How can you compete with the other companies if not knowing their products. We need to be alert and vigilant with this concern. If not, we cannot able to cope with the competitors.

Not just knowing, you have to be monitoring the products of your competitor too. That's so you can know the improvement he or she is making and respond appropriately with your products.

 

[uptrendfinancialsignal]

It is mandatory to get acquainted to your customers products in order to topple them.