Truly customers love pampering because they are humans and everybody loves to be treated with Care, that's why in any business your customer are important.
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What actions to tak when the competition becomes stiff
- Thread starter Alexandoy
- Start date
When competition is high, it is not advisable to run away from that. Try to face the situation, make a proper plan and execute it properly so that even in that high competition ,you can make good result.When a competition became stiff in any business the only thing to do is to find another alternative that similar to the existing one and change the game.
I agree that tender love and care is needed in order to go ahead of the competition. Costumers really love promos and discounts. There are businesses that offers free delivery. And when the food is delivered at our home it is up to us if we will give a tip to the motorcycle rider who was their delivery person.Some businesses suffer big damages due to stiff competition that they close shop out of frustration. This situation is evident in restaurants where the area is full of the same type of business. One wise businessman said it is not the discounts and promos that would bring the customers but the TLC in service - tender, loving care. Customers prefer to be pampered and treated as not just a guest but a longtime friend.
The care is important for our business to grow. When we have a proper strategy and with care we implement that on real market, that should fetch us a good result. Everything depends the plan and how well you execute it.I agree that tender love and care is needed in order to go ahead of the competition. Costumers really love promos and discounts. There are businesses that offers free delivery. And when the food is delivered at our home it is up to us if we will give a tip to the motorcycle rider who was their delivery person.
One of the actions to take when the competition become very city is for you to go into a particular business who you know that will be very easy.At times competition push me hard breaking more boundaries for myself, it push me work more hard. So I'm not shy from facing stern test from competitors.
Competition is part from the business, if you're serious enough you'll win over competition. And you need to be skilled when it comes to marketing your business.One of the actions to take when the competition become very city is for you to go into a particular business who you know that will be very easy.
The only thing you can do is to come up with irresistible offers which none of your competitor can do. Look for area in which you can beat them all and present it perfectly to your customers. they will have no other choice than to buy from you all the time.Some businesses suffer big damages due to stiff competition that they close shop out of frustration. This situation is evident in restaurants where the area is full of the same type of business. One wise businessman said it is not the discounts and promos that would bring the customers but the TLC in service - tender, loving care. Customers prefer to be pampered and treated as not just a guest but a longtime friend.
My competition will become very stiff in business one of the strategy to say is to carry out creative marketing and also improve on the brand of the product with the issue can be able to beat your competitor in the market.Competition is actually a very good opportunity for you to know what has been liking about your company and then incorporate it so that you can draw the customers to yourself.
Bousine123
Captain Junkie
You can start by diversifying your marketing channels. Another thing you can do is to study your competitors to find their weak points.
When it comes to addresing the issue of market competition there are some basic rules that you can apply which will suits all business,like giving your customers a good attension to their needs,taking their suggestions and implimenting the ones that seams neccessary to growth.But some times how to attatckstif competition is local,some strategy is applied based on the locality.Some businesses suffer big damages due to stiff competition that they close shop out of frustration. This situation is evident in restaurants where the area is full of the same type of business. One wise businessman said it is not the discounts and promos that would bring the customers but the TLC in service - tender, loving care. Customers prefer to be pampered and treated as not just a guest but a longtime friend.
Like we were taught in my place of work that all customers are things so I believe that the good treatment of customers will definitely make most customers to be patronizing the business.I agree with you. Personally, I like patronising people who treat customer with care and I don't like shops where people are rude. So being caring would help you stand competitors.
Indeed he is correct, providing discount rates frequently will certainly just create you operate at a reduction, the very best method to fight competitors is actually through providing fantastic solution as well as providing clients worth for each cent invested.
Giving a discount or going on a sale is okay to fight the competition. But you may be surprised when the competition goes on sale too. You cannot fight a cut throat competition. That can make you bankrupt.Indeed he is correct, providing discount rates frequently will certainly just create you operate at a reduction, the very best method to fight competitors is actually through providing fantastic solution as well as providing clients worth for each cent invested.
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