Four Ways To Get A Competitive Advantage

Ways To Get A Competitive Advantage

The business world is a challenging one, and having any kind of advantage over your competitors is hugely important. It’s not easy, though, and going about it the wrong way can cause more problems than it solves, and it can cost a lot of money too. Here are some excellent ways to gain the advantage and make your business a success.

Become The Expert

Every business spends a lot of time and money searching for prospects. However, wouldn’t it be better, and quite the advantage, if those prospects simply came to you? It can be done. The answer is to position yourself as an expert in your field. If you are the leading authority, you are the one that people will come to first, without you needing to go and find them. You can do this by giving talks and running workshops, by blogging extensively, by guest blogging, and by contacting local (or even national) news outlets and asking if they need any features or any interviews with business people in your field. The more ways you show that you know exactly what you are talking about, the more people will understand that you are the person to get in touch with.

Make A Press Kit

A press kit is a way of showcasing your products or services digitally. If you can do this, you can provide much more information to potential customers not only locally but further afield; even in other counties. Search for how to make a press kit, and you’ll see exactly what you need to include, and how simple it is to do. Once you complete it, however, you will have a huge advantage over your competitors, providing answers to questions that your customers haven’t even though to ask yet.

Get Advice

Starting a business from scratch with no advice is definitely not the way to go about having a competitive advantage, even if your product is wonderfully unique and important. It’s essential that you find out as much as you can about running a business before you launch; this will give you a competitive advantage because you’ll have all the information at your fingertips, and you’ll be able to start positively and productively right from the start. Beginning your business without finding out how to run it first might get you onto the market sooner, but it won’t make you an expert, and it won’t make you professional.

Get The Right Staff

When it’s time to employ people because you simply can’t do it all on your own anymore, you’re doing well. However, picking the wrong people to work with and for you could be a disaster. Finding the right people is crucial if you want to get a competitive advantage. Customers want to buy from people they like and trust; get likable, trustworthy employees and train them in your business rather than sourcing employees who already know how to do the work you want from them but aren’t personable. It will make a big difference, and you’ll have plenty of repeat business.

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Highly regarded on the world speaker circuit, Lilach has graced Forbes and Number 10 Downing Street. She’s a hugely connected and highly influential entrepreneur. Listed in Forbes as one of the top 20 women social media power influencers and was crowned the Social Influencer of Europe by Oracle. She is listed as the number one Influencer in the UK by Career Experts and is a recipient for a Global Women Champions Award for her outstanding contribution and leadership in business.

1 Comment

  1. Freddy G. Cabrera on 2018-02-14 at 5:00 pm

    Hey Lilach!

    I would say that becoming an expert in your field / niche is one of the best ways to gain a competitive advantage. You want to become that person to go to – when it comes to certain topics, right.

    Mastering your craft and your knowledge will also help tremendously with attraction marketing. And at this point, people will look for you and want to learn from you and buy your stuff. It’s the best feeling. You have to be smart here – become that “guru” you always admire want to work with.

    Thanks for sharing this!

    Best regards! 😀

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