COMPETITORS & CHALLENGERS---------ONE'S FRIEND TO GROW

COMPETITORS-WHO MAKES YOU TO LEARN & SUCCEED.......

                                    Competitors or Contestants are the ones who are with us in the same parallel platform which we travelled towards the same goals and targets, but the main differences between any competitor is how they approach, plan and execute to succeed in their respective goals. For every Business, many ups and down would happen while proceeding towards the project in this world, some of them will get early success, for some it might be little delay and for some there will be failures….Many dropped off their business due to some errors or inexperience in their own projects. In this Advancing World, Competitions increasing in all aspects and new competitors are entering into the same industries which we handling for many years. To sustain along with our old competitors and to beat new comers in our business, it has been necessity for every person to familiar with global standards of technology and recent trends. At the same time, Competitors always makes us to learn, taught their experiments and failures, awakening us to avoid the errors which they involved and to succeed in our life and making our journey much easier.

                                    In this post, some of the important lessons and experiences of competitor, what will they taught us to survive in this World.

REPUTATION---- How to respond   

                                    It is the one which a Competitor will enable us to compete against the global market by means of any source. This will make us to plan, strategy, execution and recognition among the others in this particular field.Many factors like price, service, products, quality etc., will be compared with every other competitors in this field and it will gained us the reputation.

2.      MANAGEMENT----How to manage

                                    Many industries has been shut down and can’t able to achieve targets and production and mishap in the Management and Administration failure. Management will always help an industries to plan how to run the company and making decisions which will make their company to obtain necessary goals and targets. Competitors will make us to give an outline how they succeed by their proper management and administration.

3.     ADVERTISEMENT----How to reach

                                    Many competitors uses different strategies to market their products in different ways and platform. Some important marketing platforms used in Social media, Papers, Media, and other digital marketing strategies. Competitors will ensure us to enact how they sell their products by means of any advertisement or platforms to follow for better selling of products.

4.     CUSTOMERS----What Customers like

                                       What types of products customers consumed are planned and confirmed by means of surveys and online voting to ensure to establishment of our products in that particular area. Looking at their engagement to see what their customers respond well to, based on these data, we calculate to understand what customers like and emulate those products to ensure good business.

5.     CONTENT---How they like

                                      Beyond the customer’s interest, the products can be sold or unsold over there. Competitors will chose different content and information about the products, considering depth of information, how it’s organized and the voice accurately represents the business in that particular point of region.

6.     OTHER IMPORTANT LESSONS COMPETITORS WILL TAUGHT US

              

·        Data Analysis

·        Finance

·        Legal Aspects

·        Risk Understanding

·        Time & Deliverable

·        Researches

·        Support

                                    This is some of the important aspects every competitors will taught other business & entrepreneurs to make them some awareness and awakening measure to enable themselves in a good phase and making them don’t fall them in some failures and reaching the goals and targets in a quick time with better succession rate and customer satisfaction and ratings. If you found some other factors considered to be important, please reach us thru comment section...