Running a successful business requires constant effort and attention to detail.
Here are 10 questions you must answer on a constant basis if you want to excel over your competition:
1. What exactly is my product or service?
2. Who exactly is my customer?
3. Why does my customer buy?
4. What does my customer consider as value?
5. What is it that makes my product or service superior to that of any of my competitors?
6. Why is it that my prospective customer doesn't buy?
7. Why does my prospective customer buy from my competitors?
8. What value do they receive in buying from my competition?
9. How can I offset that perception and get my competition's customers to buy from me?
10. What is the one thing that will convince customers to buy from me rather than from the competition?
Answering these questions can help you gain a better understanding of your business and your competition. By understanding your customers' needs and desires, you can create a product or service that meets their needs and stands out from the competition.It's also important to stay up-to-date on your competition and their offerings. Conduct regular competitor analysis to identify their strengths and weaknesses and use that information to improve your own business.Remember, running a successful business requires constant effort and attention to detail. By answering these questions on a constant basis, you can stay ahead of the competition and achieve your goals.At BrainFitLab, we offer practical advice and guidance to help you excel over your competition and achieve your business goals. Join us to learn more about how we can help you succeed.