Taking advantage of market gaps to position your business

Augusta

VIP Contributor
One business strategy that will readily bring success is positioning a business to compete with others in an industry You can monitor other competitor’s activities to identify market gaps to know their strengths and weaknesses. You can then improve on their weaknesses to position your business

Adopting this excellent business strategy will help you to create and improve your product quality. Identifying these market flaws will help you develop a unique solution to improve and make your products more valuable, useful and appealing. This way you are both matching your competitor’s delivery and also positioning your business to compete with them with higher value.
 
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