Competition in business

[Yusuf1]

Every sexy and industry in the world have competition and as a business owner in any industry the best way to get customer to your side is to give them what ever they need make sure they are satisfied

 

[Kingstone]

This is normal scenario in the business world, there is no business without competitors, you are not the one to first start that business, your innovation, business strategy and marketing techniques however will make you stand out

Exactly, these are the things that make one be unique. It is your DNA so to speak. If you have the same business, you can't have the same type of experience, implementations, and drives.

 

[Grandeur]

Find a different niche, and apply it to the market, customers are humans and humans love to try out new things and guess what happens if the new thing is better or has more quality, they go back to get more.

 

[Richard92]

Competition is allowed in the business when it get to taken life if each other is good and not advisable. We can competes with each other in order to bring out best from the products we are producing. The competition is allowed to compare the products and to get best we can lay our hand on to buy. It can allowed us to get the best raw materials once they know u are doing best product in town currently.

Competition in business is very healthy because it makes you to be challenge and also bring out your inner creativity and also to make innovative research improve your business.

 

[skyliequiz]

Competition is a great method to compare your marketing techniques, price, and product quality. However, it might hinder your company's growth and development.

 

[Mayox25]

There is no business without competitors. However competition in business is very good it makes business to give value to customers, makes them want to be better and outperform each other in terms of service delivery, quality products and others.

 

[Chibson]

Competition in business is definitely for the benefit of the customers or consumers because you will have varieties to choose from.

 

[Josephjossy]

Without competition in business you won't be able to understand that your business is going down, you need competition to be able to know that you need to sit up in your business. Without competition you may not know that your customers matters

 

[Thinker009]

Competition have its advantage too , because most times it could be a wake-up call for business to improve and work on the way they are promoting their product

 

[Hena101]

This is what nobody doing business can avoid it because it can test your plan and hard work you have put in the business and show you where you get it wrong.

 

[Setho]

It is very important that you know that in every niche of business there is competition there. You should always try to learn from your competition so that you will know what you are not doing right and then incorporate it into your business to gain customers.

 

[Sotherefore]

Competition sometimes will help you to be Independence as a business organisation because of your marketing strategy, but you are to compete positively and not looking for a way to eradicate the other party,

 

[Heatman]

giving up on a niche that you have a knowledge about just because of competition isn't the ideal thing you can do currently, if you can't compete, you won't be able to succeed on any business because competition exists everywhere

Seriously, whenever there is no form of business competition, there is always a possibility of laziness which doesn't bode well for the business. It's why competition is good for business.

 

[Immilash]

Competition is very important in terms of business
It contribute in the growth of business and also it will make you to be busy ,up and doing, as matter of fact competition is one the tips for a business

 

[Skysaint]

The truth is that when you want to go into any form of business endeavor to look out for pre-existing competitors. If their standards and level of establishment outweighs what you have in mind, then it's best to back off from such business or better still find another suitable location for it

 

[Hojo]

Competition is also effort because if they was no competition in business , alot of entrepreneur will be so lazy on serious things , so I think competition really matters in business

 

[Kane]

If you want to do business and if you want your business to succeed, you need to choose a niche that has less competitors, you also need to do competitor analysis before starting a business.

 

[Setfragil]

You do not need to find another business because of competition in the business. Competition will always come to any business that you establish. You only need to learn how to win customers in a competitive business.

 

[Ezekiel]

Competition in business is the contest or rivalry among the companies selling similar products and/or targeting the same target audience to get more sales, increase revenue, and gain more market share as compared to others.business itself is competition and competition is business

 

[Skysaint]

You do not need to find another business because of competition in the business. Competition will always come to any business that you establish. You only need to learn how to win customers in a competitive business.

Yes, you are probably right about that. Because I don't think that in this recent times that there would be a business free from competition especially if it's actually a lucrative one. So it's best to fight through it than give up