How to be ahead of your competitors
It is very important to know the strengths and weaknesses of their rivals. In any competition, whether it is a marathon at the Olympics or a marketing company for your…

Continue reading →

Launch the product. A couple of tips.
The launch of a new product is one of the most important events in the history of the company. To achieve success in the market, the launch of the product…

Continue reading →

How much does your company need your website?
Even if consumers are more inclined to deal with companies that have a website, most small businesses have neither the money nor the time to create a “page” for themselves.…

Continue reading →

A couple of steps to a powerful investment plan.
When it comes to investment, many people fall into the trap: they buy a couple of stocks here, a couple there, thereby turning their investment portfolio into a vast but…

...

Customer-oriented business
Any business, regardless of its specifics and focus, one way or another, is focused on a specific consumer. There are two models of interaction with customers. The first is based…

...

Risk for new in your business

Studies show that price is not the determining factor. Customers are always willing to pay more if they are sure that they are purchasing a product or service of the highest quality. People will always pay more for the peace of mind that brings them excellent service and a reliable guarantee.

It has been proven that enterprises practicing the principle of “lowest prices” and focused on competing only in this way will not be successful. Priced prices never determine business prosperity. Because of such an erroneous judgment of the importance of prices, many enterprises went bankrupt. What is worth doing to succeed?

Take a chance, do something unique. This may seem like a daunting task, but depending on the business, it often works well. Trying to do something that others would never have thought of creating, this is what makes business mechanisms work more productively. Your business should be ready to do everything possible to provide a product or service of exactly the level and class that the consumer needs. After all, the provision of something else that does not fully comply with the client’s requests is a waste of time.

For example, if you are developing and printing business cards, your company limits itself to several templates. Offer something new, something out of the ordinary. Develop colors by matching them with the customer’s personality, rather than adhering to the “trend” and “new trends”. Scanning the list of competitors and the services they offer is an extremely important task. Make a list of what your competitors are not offering and do it for your customers. It’s simple.

The next step will be to stop. Take a moment and think about what you have done before and what has not been done. If you want to succeed, you should clearly define for yourself what services you have not yet offered. It is also important to find ways to start offering these services to your potential customers. And in order to attract these same customers, you must identify exactly what they are looking for.

Be sure to carefully consider what you are already offering. Find ways to improve your services, be constantly ready to improve. You can add only a couple of strokes, and you can completely rebuild your product. In any case, innovation, you constantly attract customers.

Use the following tips:

offer free samples of new or improved old products;
provide customers with a 100% guarantee;
offer free updates;
free courses on the use of your products and services;
hire researchers to test your product;
Be sure to track the public reaction to what you offer.
Just remember that you can offer as many new products and innovative services as you like, but if your customers are not enthusiastic, then you are just wasting your time and money. Innovation must go hand in hand with consumer expectations. Risk, but wisely.

Ordinary people, unusual business
One of the hallmarks of an extraordinary person is the fact that he knows what he wants and constantly follows his goal. Such people have the courage of conviction, surround…

...

The art of competition: the experience of Picasso and Matisse
The most famous rivalry in the art world shows us how competition can inspire and be productive. Pablo Picasso could not have created his masterpiece “Avignon girls” in 1907, if…

...

5 reasons for the beginning of the end of production
Production problems are more cultural than economic. It does not come from expensive delivery and rising labor costs. The problem is much wider. Is the end of production just around…

...