Posts Tagged ‘unique selling proposition’

Circuses, Yoga, Paint Repair And The Controversial Marketing Strategy That Eradicates Competition

If you’re frustrated with the never-ending battles with the competition, the tugs-of-war, the see-sawing of market supremacy, this could be the answer.

It happens in most industries … a swarm of companies fight head-to head for the same market, offering the same product or service, with little or no differentiation, in the hope to increase market-share and profits.

The result?

Price wars. Profits plummet.The battleground gets bloody.

Add to that, the effects of the Global Financial Crisis (GFC). Markets are dwindling so everyone’s slice of the pie is getting smaller. The poorer performing companies go to the wall. The better performing ones continue to fight it out at reduced margins.

What to do?

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