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Sagot :
Answer:
Only 50 percent of businesses make it past the first five years and one-third make it past the 10-year mark.
Although there are plenty of reasons why businesses fail, lack of differentiation is one that often tops the list.
Why it’s Important to Stand Out in Business
Standing out from your competition is critical to your company’s success. While most people understand that concept, far too many businesses fail to put it into practice.
Case in point: a few years ago, saw an advertisement for a Nashville tattoo parlor with the following message:
“We specialize in all types of tattoos”
It made me shake my head. What does this even mean? What kind of tattoos do they design?
I find it hard to believe that they can create every kind of tattoo well. And, it makes it difficult to know why I should choose this company. To say you specialize in everything goes against the very idea of specialization. After all, to specialize means you’re focusing on one particular area of practice.
Had they said they specialize in traditional Japanese tattoo design, then I would have a much better understanding of what they can do.
Sadly, many businesses fall into this trap. They think they must serve everyone, be broad in focus or keep up with the Joneses, lest they miss out on revenue opportunities.
However, the exact opposite is true.
If you want to be successful, you have to differentiate your business if you want to stand out and get noticed. Otherwise, you end up looking like everyone else and you make it that much harder for people to know when to choose your company.
Explanation:
sorry yan lang alam ko
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