How will you compete with a well known brand?

[Neeta313]

At first it may not be easy but as you continue to grow in business you will understand certain strategies and things you can apply in your business that can even make you overtake that particular brand. There are brands of different products that have existed before, new brands came and took over their spot, so it is very possible for you to overtake a brand by doing better.

 

[Adetayo100]

You can compete with a well known brand by Establish a Solid Digital Presence for Your Small Business, testing Out Marketing Trends, build Your Business's Reputation, deliver Excellent Customer Service and make Improvements Based on Customer Feedback.

 

[Azmatali]

i think and i tell you some ideas small brand too compete with well known brand..................
Establish a Solid Digital Presence for Your Small Business.Test Out Marketing Trends.Build Your Business's Reputation.Deliver Excellent Customer Service.Make Improvements Based on Customer Feedback.Segment & Refine Your Target Audience.

 

[Nicklas22]

You just have to keep doing what you do best, try to follow your business plan and be hard working and I think for you to won more customers you have to reduce the price of your own products and services, I believe this is how you can win more customers

 

[Popular]

You can do well more than a well brand by looking for intellectual as your staff so that the can work hard to aim what you desire,and business deals with competition if there is not competition business itself will just be a name

 

[Asad Ali]

The situation is that most start-ups are competing against bigger brands but only effectively on the sensible und consistent scale.
I'd recommend that you come up with a very high quality product, provide customers with free samples for the first few days or weeks and provide rewards at the beginning. Finally, do some kind of advertisement if you can afford it. This should pave the way in the industry for you.

 

[alibilal5555]

Finding businesses that you can form partnerships with is one of the most effective ways to get an edge on the competition for several reasons. You can organize with partner businesses to offer promotions and special deals that work to the benefit of both companies, and to the community as well.

 

[chicnthin]

At first it may not be easy but as you continue to grow in business you will understand certain strategies and things you can apply in your business that can even make you overtake that particular brand. There are brands of different products that have existed before, new brands came and took over their spot, so it is very possible for you to overtake a brand by doing better.

You make a great point. It's just a cycle, really. There's always an already established business and a new business. What the new business should do is keep up with the competition in the market. And as the time goes by, the new business will become an established and more known business, then a new business will surface again.

 

[Mary]

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?

Wel known branded businesses are actually on the safer side because they have actually gained grounds and have won the heart of the public. But through different kinds of offer with more affordability, you can compete with them

 

[Kelly5]

Competition or as the case may be, competing with already existing brand in the business world is a reality for the business man or woman to face. The competition is fierce and real. Do all you can within the ambit of morality to stay above your competitors

 

[Mostee501]

The so called "well known brand" started from somewhere,they did not just fall out of the skies and became popular,the followed the process of their well planned,business plan. So you too can do the same,keeping your head down and with high concentration,the sky will be your starting point.

 

[chicnthin]

Wel known branded businesses are actually on the safer side because they have actually gained grounds and have won the heart of the public. But through different kinds of offer with more affordability, you can compete with them

Yes they have already established a name and built a reputation. But these big business also started just from scratch as well. However, with right strategy, new businesses will be able to compete in the market against the famous brands.

 

[jay]

It's quite discouraging over the years, that's one the hardest hurdle to face when setting up a business but you can do so by trying to meet what the existing brand is not meeting. Run some incentives, do promo and create awareness.

 

[Rainlover207]

A would rather say don't go into a business with the mind set of competition because frustration will set in. Business thrive when you patiently grow it and real understand what the people need around where you intend doing the business, get quality products and engage in advertisement and good staff.

 

[Bagg victor]

Competing with a know brand is highly demanding, as a starter you must come up with something really different with the view of consumer satisfaction
[automerge]1613307167[/automerge]
Getting in debt due to bad spending habits such as the uncontrolled use of credit cards can quickly lead you to a downward spiral.

 

[Saraali]

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?

If you want to beat a well known brand then you need to produce a good product which makes your brand unique and famous . branding is also important in a compony and make compony unique you want to see other product for making good quality.

 

[Khizar iqbal]

I think I have a lot of friends in the world. If we make a new brand, we have to make a good product from them to compete with them.The marketing and advertising of this new brand has to be done well because those brands are already in the market.That way we can compete with any brand again.

 

[Sariana23]

The best way to keep up with the competition is to evaluate your offerings and try to improve them. Besides, you should only have products of excellent quality and brand. You must have good marketing to attract customers and give them an excellent deal, since they will be in charge of recommending your business or service.

 

[zahidhussain]

Although competing with well known brand company is tough
but is not impossible by creating
the quality products sell them low
price giving the facilities to customers.Set on large scale buisness note the all point which can lead to success

 

[Emma19]

Competing with already known brand is such a huge task and this may wary out some people. But the first thing us to create a niche fir yourself and be known for something. Then you can prove to be better than the brand from that point of view.