If you want to make a lot of sales and generate a lot of revenue, the only way you can do is by avoiding competition. There are two ways to avoid competition, one, you create a monopoly, and two, you outsmart your competition. Creating a monopoly means there is no other business or individual selling the services or products that you are selling. In other words, you have unique offering and whenever people want to buy those products and services, they will come to you. Outsmarting competition means you market so well, and you create product so good that people will always choose you over other sellers.
How to Avoid Competition in a Business?
- Thread starter Mika
- Start date
If you want to make a lot of sales and generate a lot of revenue, the only way you can do is by avoiding competition. There are two ways to avoid competition, one, you create a monopoly, and two, you outsmart your competition. Creating a monopoly means there is no other business or individual selling the services or products that you are selling. In other words, you have unique offering and whenever people want to buy those products and services, they will come to you. Outsmarting competition means you market so well, and you create product so good that people will always choose you over other sellers.
Avoiding competition in business is not possible, it is like avoiding sunshine in the morning, if your niche is promising and is making money, it will be hard to avoid a competitor popping up, it is just the nature of business and how it works, it is not in your control and you can't change it.
But you can keep on improving your offering, this will bring people automatically to you and even if a competitor pops up, you won't lose your customers, it is even a good practise in business to forget about the competitor and focus on your customer, because they're the ones that got your money.
But you can keep on improving your offering, this will bring people automatically to you and even if a competitor pops up, you won't lose your customers, it is even a good practise in business to forget about the competitor and focus on your customer, because they're the ones that got your money.