Market Research Archives

13 Steps to Beat Your Competition

Whether you’re a small or large business, one of the biggest challenges you face is beating your competition. This article looks at the top 13 ways to get there.

How can you beat your competition? This is important and always an actual question that you will ask yourself as an entrepreneur. This question sounds like asked with too much military voice. Beating is something that military persons use. However, this is the most frequently asked question from entrepreneurs.

The first step in beating your competition is to plan ahead. When you know what you need to achieve in the coming months, you can ensure that you have a solid strategy that can make or break your company. This will prevent you from reacting to your competitor’s moves instead of planning ahead and using your resources to your advantage.

If you beat your competition, you will have more market shares. If you have more market share, you will have more customers. More customers will bring you higher sales and profit.

Here, I want to share 13 steps to help you win a battle, but not a war, because this war is a never-ending process in the business world.

A Complete Guide to Market Research

All companies exist in a specific type of market. The market contains current or potential customers, competitors, and other market players. It is a complex environment that you must research continuously. Because of that here I would like to give...
Marketing

Two Types of Locations Where Your Customers Are

As an entrepreneur, you will always need to know where your customers are if you want your small business to be always close to them. The most important person for your small business is your customer. You probably already know that your customers are the...
Marketing

9 Steps to Start Researching Your Competitors

Do you know what your main competitors make on the market? What are your responses? Do you have a strategically implemented process that will lead you to an adequate research of competition and response to your competition? If you want to succeed you will...
Marketing

22 Questions You Need to Answer For Your Competitors

Each entrepreneur wants his business to be alone in the market without competition. But, it is an unrealistic and probably unachievable situation, at least for a more extended period to operate without competitors. Competition is something that you cannot...
Business Intelligence Business Plan Marketing

How You Can Use Google to Improve Your Offer for Your Customers?

Marketing is something that will help your small business to connect customers with your own business processes. That’s mean producing products and services that people will want and will buy from you. So, you need to always work on improving your offer to...
Entrepreneurship