Archive | Competitors

Anticipating Competitors’ Moves: How to Anticipate Your Competitors’ Move?

Anticipating competitor’s actions and reactions to your moves may be the key determinant of success for any marketing strategy. One competitor cuts prices, undermining your pricing strategy. Another may decide to offer new products and services, possibly, over the Internet that have the potential to completely undermine your existing strategy. Could you have anticipated such moves? How do you respond? [...]

By |2018-05-25T07:55:38+05:30May 25, 2018|Competitors|Comments Off on Anticipating Competitors’ Moves: How to Anticipate Your Competitors’ Move?
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Top 6 Competitors of a Business | Business Management

There are at least top six competitors (shown below) against which a business requires advantage. The competitors are:- 1. Direct Competitors 2. Suppliers 3. Buyers 4. New Entrants 5. Product Substitutes 6. Government Agencies. Each of them attempts to exert downward pressure on a business's return on investment (ROI). Competitor # 1. Direct Competitors: These refer to firms that make [...]

By |2017-03-04T15:07:51+05:30March 4, 2017|Competitors|Comments Off on Top 6 Competitors of a Business | Business Management
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