Why Competition is Good for Your Business

man in boxing glovesIn business just like any other endeavor, understanding the competition helps you position your business in order to better serve your customers. It enables you make your products/services better, set competitive prices and make your marketing stand out.

It’s important to note that every business faces competition. Even if you are the only one offering a particular service/product, you are competing with other businesses or areas where customers can spend their money rather than patronize you. Any business that will take money away from yours or make your product/service redundant is competition.

You should not be afraid of competition but rather welcome it, study and learn from it. It’s not copying ideas or actions but finding out what’s working for them and why it works. If you just blindly copy people, you will always be one step behind

Emem Ita

Emem Ita

Hello, my name is Emem. I'm a marketing & social media strategist with a flair for reading, research, pretty shoes and luscious cake.

Learn how to turn your knowledge & expertise into income by building online influence. Interested? Simply send an SMS now with your name & email to 08061683126
Emem Ita
About Emem Ita

Hello, my name is Emem. I'm a marketing & social media strategist with a flair for reading, research, pretty shoes and luscious cake.

Learn how to turn your knowledge & expertise into income by building online influence. Interested? Simply send an SMS now with your name & email to 08061683126

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