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How will you compete with a well known brand?

Competition of this nature is not always easy. You just have to adopt a nice marketing strategy and probably use the act of satisfying your customers to win over them. But the reality is that they will also does the same
 
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Competition with a very known brand is not an impossible task. The important thing is to make your products to be more qualitative and then look for ways to market it adequately.
 
Competing with a very popular brand when you just started your business and people doesn't know you is very difficult , you need a good marketing strategy that will shift the peoples attention away from the popular brand and face yours .
 
You can only compete with a well known brand by doing things that the brand in question is yet to do for their customers which will cost you much. You need to show some level of superiority right from your brand design to even how you advertise yourself to the public.
 
There are several ways you can compete with a well-known brand:
Focus on a niche market: By focusing on a specific niche within your industry, you can differentiate yourself from the well-known brand and target a specific group of customers.
Offer a unique value proposition: Consider what makes your product or service unique and highlight those aspects in your marketing efforts. This can help you stand out against the well-known brand.
 
Competing with a very popular brand when you just started your business and people doesn't know you is very difficult , you need a good marketing strategy that will shift the peoples attention away from the popular brand and face yours .

There are so many people who are competing with many well-known companies in my country. They are competing because they are able to do so. They offer low prices.
 
One of the hard thing about just starting up is that there are products or a more known brand as your competition. The advantage is on their side but it doesn't mean to give up.

So if you're in this kind of situation, what ways would you do to keep up with the competition?
You must concentrate on setting yourself out from the competition. This includes developing distinctive product compositions, taking a diverse approach to market positioning, and developing distinctive pricing schemes.
 
Although it can be challenging to compete with a well-known brand, there are a number of tactics you can use. Determine your unique selling propositions first, then make sure your branding and marketing emphasize these. The best customer service and a satisfying customer experience should also be your top priorities.
 

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Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
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