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in some ways, what business elements you can go into? can you share at least three basics.
Best way to bring any business to profit is reaching Break Even quickly and it can be done with giving a cushion for good margin in a business and keeping expenses low in initial stages as you expand you can invest gradually. There will be competition in any business if there is competitive analysis done before hand it gives you and advantage over others when ever you launch a new service or product in market. Give best customer service, focus on good marketing startegy and give emphasis on quality surely you edge pass competition.
I think that working life is an important part of our personal lives
Must build on our lives and our goal is a beautiful and wonderful love
Must move away from the envy that we are good competition
We must make our goal of our lives and not vice versa
Can make my work successful by following the methods of successful management and provide capital as well. The competition can not stay away from them, and the reason is the greater the success of your success. Increased competitors
Profitability and differntiating your business are two different things.
Profitability means that the sale price of your products/services is larger than your total costs and difference is your progit.
Differntiating your business requires that you define a product/service or a feature that is not provided by your competition and see if your can provide it profitably to your target markets. You can also differntiate your business by differntiating your business processes to decrease your costs or increase your revinue.
:By
Adopt and Adapt specific strategy
Define the copetitive advantage I will compete
Study the segment I will deal
Finally no one can be out of the market competition if he/she would like to enter the market
By putting100% efforts & by giving best to best…..
By implement valuable guidelines-Suggestions, Advices & ideas from entire organization.
For the growth of business, Competition is necessary & the fact is without competition there is no business anywhere.
So once again , By putting100% efforts & by giving best to best .
Try hard, harder & be alert.
In order to differentiate your business from others, you will have to work out to see how many positive & negative points are there.
If you have more positive points, then you have to work out ways to reduce or completely remove the negatives (wherever possible) by working out different strategies. If the negative are negligible and unavoidable, just focus on the positives and promote it strongly to the public.
Now in order to set apart your business from competitors, you will have to know your position in the market. For this purpose, work out suitable strategies which will provide the figures through a research.
Meantime, just focus on providing quality service, ensure timely response to customer complaints, set up attractive offers to gain attention, conduct an open and frank approach with customers in order to identify where their preferences are, engage customers in activities which will bring the customers closer to the business through marketing activities.
With this approach, we will be able to have a rough idea of our position and the extent of support we have from the public.
From this, you can reduce the unnecessary overheads and reach a profitable situation eventually.
Dear, in today market ,the profits are linked to your offer services,and products,both should be linked with new ideas which attracked to your customers.
Making Your Business Unique – Some Examples
Many of today’s top companies started with a product that, by its nature, made it difficult for anyone to replicate
Through proper planning time managementAnd work according to the strategy and approach and clearThe order of priorityAnd increased training and experience
Kapil's feedback is Excellent answer ... I do agree with him100%
