Competition in the business environment is a natural thing and can not be avoided from this life. partnerships between companies that offer similar products or services are not only troublesome for business people but want to encourage business people to continue to invest to improve quality, in reading We will discuss in more detail the importance of competition and how to deal with business opponents how businesses can achieve competitive and sustainable advantages.
Competing in the business world provides a very important role to motivate business people to continue to compete, look for the latest innovations and improve the quality of products or services that decrease over time to keep the company’s competition healthy by expanding several ways of increasing product quality to appeal to more customers, keeping prices competitive within reasonable prices with selective consumer considerations for product prices, encouraging invasions in the form of products and services that can create new market opportunities, with competition companies can also learn to be a more efficient and efficient business effectively manage resources.
To compete in business we still have to prioritize ethics, penfing for companies to understand who the business opponent is facing, bebreap alternative to identify business opponents among them by looking for bsinsi that offer similar products or services in the same demographic scope, always following the development of competitor activities with social media-based monitoring tools, Google notifications and web analysis by knowing
every business entity must have a clear strateig in competing beberpaa strategies that can be applied including product differentiation to membrikan appropriate unique different from competitors such as using product features or better service quality, targeted marketing focus on a particular market line with the appropriate message, pricing strategy degne provide competitive prices without sacrificing kualias goods, innovation to always mgnembangkan good products or services to
Obtain competitive advantages to remain a domiana company we must focus on different advantages from competitors such as high product quality so that it is difficult to be rivaled by competitors, excellent customer service is able to memebntuk loyalty customer satisfaction satisfied customers will come again to transact and most likely will recommend our company to colleagues and relatives to transact with our company competitive prices provide superior value without risking quality.
In the business world it is not uncommon to find unfair competition such as unethical competition to deal with IT companies need to document unhealthy competition as evidence if one day business opponents do things beyond reasonable limits, attend acar industry to always get knowledge of the tern or strategy of competitors, things that need to be underlined are to stick to healthy business ethics in collecting information.
When suatau when competitors melakaukan sernagn apenting for us Ntuk remain calm and respond well, professional and strategic premises how many stages by gathering information related to the attack, strategize to respond secra planned to manjaega reputation and kelansungan business life, penitng bgai us to stay competitive secraaa sehag with berpedoma on eitka to create a healthy competitive environment with Bermaini according to the rules by avoiding rintakna cheat that can damage the ethics of keep innovating striving to realize a better product or service is not only focused on competitors, indeed competitors can affect our revenue but use business opponents as motivation for us to continue developing company products and services while maintaining company norms
Etiaka in kmpetisi binsin sngat important to ensure to keep persaigann fairly, unethical practices such as fraud mauapn manipulation of the market can merugiakn many parties and damage the image of the company oelh because it is important for the company to continue to maintain high ethics to protect bsni and also our customers