Competitive Market Q&A

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Jef Lippiatt added an answer to this question
Top voted answer
Jef Lippiatt

Jef Lippiatt, Owner at Startup Chucktown

Top 10%
Hey @Jane Jones that is a great question. I actually mentor startups on this topic all the time. I can’t give everything away from my proprietary approach, but I will say that many entrepreneurs overestimate their large competitors and don’t consider their small competitors enough.

Big ...  Continue Reading
Hatty Bell

, Team at

Really interesting response, it sounds like you have a lot of experience in this field. Do you think being agile and perhaps more flexible in business is key in the current situation? 

Dr Louise Metcalf added an answer to this question
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Dr Louise Metcalf

Dr Louise Metcalf, Associate Lecturer at

Top 10%
This is a kind of 'how long is a piece of string' question and there are so many answers that could be given! Endless! However there are some really certain bets that can make.
1. Quantum computing and efficient solar batteries - a lot of bots - one of the things that has held back everyone having the ...  Continue Reading
Jevaillier Jefferson added an answer to this question
Jevaillier Jefferson

Jevaillier Jefferson, Consultant at Valuable Media Group

Hi, James. Here are three ways to set your brand apart from others.
1. Employ a customer-driven approach -- instead of a money-driven approach -- to all aspects of your business, including problem-solving. Understand that you're in business to enhance customers' lives in order for them to assist others. ...  Continue Reading
Deborah Vella added an answer to this question
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Deborah Vella

Deborah Vella at

Top 10%

As the next generation comes through to the management levels in business, we seem to be seeing a trend towards more businesses with attributes that appeal to the millennial generation. One of those is working on your own terms in small business rather than grinding out work for years for a large employer. I think the next big thing in the next five to ten years will be just that, a major shift away from big business and supporting small businesses which provide a personal service.

Jenny Thomson added an answer to this question
Jenny Thomson

Jenny Thomson at Flannel Clothing

As an eCommerce site Amazon is one of the best option fot retail business. Already many of the retail businesses based in UK,USA, Australia & Canada impacted with Amazon. Even the top most brands like Alanic Activewear, Nordstrom, Nike have already connected with Amazon.

For example- https://www.amazon.com/Alanic-Activewear-AW003A-V-Neck-X-Large/dp/B06XPKJ6JB/

Sathyanarayanan Srinivasa added an answer to this question
Sathyanarayanan Srinivasa

Sathyanarayanan Srinivasa, Registered Tax Agent & Accountant at

Hi

You need to understand the demand & supply gap for the products that you have decided to invest in, apart from the other scenarios which you will consider. The ground rules mainly would be complying with the applicable statutory requirements and work within the limits applicable to the industry in which the investment has been made. You may have to deal with both micro and macro economic conditions applicable to the business.

Philippe Flatt added an answer to this question
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Philippe Flatt

Philippe Flatt, Owner & Photographer at

Yes indeed I had a sharp decline in customer enquiries for my photo studio as soon as there were rumblings about a possible election. A friend who sells luxury goods online also has experienced the same thing.