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There are so many products and businesses in the market, and as an aspiring young entrepreneur, you have to be competitive! Think of three (3) specific and creative ways that will help you win over your competitors. Write your answers until you reach the finish line. ​

There Are So Many Products And Businesses In The Market And As An Aspiring Young Entrepreneur You Have To Be Competitive Think Of Three 3 Specific And Creative class=

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  1. One likely way to beat your competition is to address the needs of your shared target audience better than your competition can. Ask open-ended questions to find exactly what your customers want while using your products or services.
  2. To compete in a crowded market, you need a unique selling proposition. The more unique it is, the less room for competition there is.
  3. One of the easiest ways to beat your competition is to offer more affordable pricing. To determine the ideal price point, you need a clear picture of what your competition's goods or services are priced at. Research which competitors offer the best value. Then you need to determine if what you are offering brings more value to the table and thus should be priced higher.

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