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Ways to Overcome Competition in Business.
Competition lessons (part 1).
• In fact, competition is a very effective, profitable element in business. SHE IS:
- Improving product quality;
- Decrease in product prices;
- It leads to increased competition in the market and the growth of many more aspects.
Options to beat the competition!
"Farming" options:
- encroaching on the life and property of the head of the company; (God forbid, but these cases have become more frequent)
- Defamation and incitement;
- Under pressure from the government;
- set fire to the company; (Last year, several businesses were found to have been deliberately set on fire by its competitors)
Pure and real options:
- Raising the wages of workers;
- Reduce the price of the product as much as possible;
- Through a stronger and better advertising system;
- By reforming the marketing system (including SMM, ie social network marketing)
Ps Never use peasant style!
• We will learn the rest in the next lessons.