What can we learn from competition?

More Successful competition demonstrates to us that there is some customer need that they have identified and satisfied better than us. They teach us what to do, what to improve in our business.

The competition which is less successful than us exemplify the approaches that don’t work. They teach us what not to do, what to avoid in our business.

Don’t shun competition. Learn from it. Market is a dynamic place. We can grow if we keep learning and improving.

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