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Business strategy
How to Outsmart Your Competitors
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[QUOTE="moonchild, post: 342324, member: 57467"] Makes sense if you're selling products or services in competitive markets, most products are basically doing the same thing, they are in pricing competition with each other and most of the times the person with the lowest price wins, another way to look at outsmarting competition is to know innovate in the market, do something different. Think about what Musk did with Tesla he was just not building a new car, it was electric and self-driving, and they're pricey people buy them nonetheless, if you can't cope with lowering your price you should innovate in the marketplace, which is more profitable in my opinion. [/QUOTE]
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