Hello everyone welcome
This is Episode - 8 - (How to beat your competition in business) if you prefer podcasts I have an Episode about it!
Today's topic is business competitors. Number one perform at a higher level when you have a great service or an amazing product,
that will compete with your competitors, A will be so much harder when you have amazing products because your competitors will have an amazing product or service,
they most likely going to be established in the niche, as you are coming as a new company or service, it will be much harder for you to be in it.
But at the same time, it will have a lot of gains, because you will see the history of the market, the gains, and the losses.
When you know what is missing, and you provide that that is a huge gain for you. How are you doing more research on your competitors? Number two is going to be taking the initiative when you take the first move on a problem and give it a solution or just fix it.
Doesn't matter whether it is big or small, it really doesn't matter. That matter is you have a problem and you give a solution. It may be a service, a product,
anything that you see is this thing on a Pacific market. And when you fix the problem, now you have a service or a product for you to give to your customers.
Number three is to do what matters. Do not go making your own, what do you think will be good in the market. And that's most likely going to be 90.9. Or point 8% is going to be wrong.
But knowing and doing your research before you give something. And when you put out a service, you should be proud or confident in your product or service.
And when your competitors see that, that will be a sign that you are doing a good thing. And most likely they will see and try to do what you're doing. And that can be said both ways to you and to your competitors. And when you do something important.
Don't just be following the most used Trend, except if you're like doing drop shipping or something of that sort. You may get-go that way.
But if you're looking for a long-term strategy, your move should be calculated and calculated by your competitors. We will have a couple of questions here.
The first question that most people starting a competition or knowing more about their competitors will be knowing if there's indirect or direct.
What I mean by that is you are targeting the same audience or they are going in a different way. But it is still similar to an audience and they're most likely going to be buying that product or your product.
Because it is like similar. And you shouldn't be defining and making yourself unique from the competitors. You most likely heard this everywhere when you look on YouTube or Twitter or anywhere that
they will motivate you to always say be different be unique. But how would you be different and unique? You should be standing out from the crowd and
that's not simple. It is something that will take a while like how Facebook, there were many more things for Facebook came or Shopify or Amazon.
There were more things before that came in. Everybody just forgot. So you should be outstanding. And I tip for you to be outstanding is to do more research on your competitors on your product.
Just do more research and I will just recommend for you to do more research on your competitors your products and all of their souls
Thank you for Reading I will see you next Friday
How to beat your competition in business Ep8 - Learn With Me - Maryam Fuad