Competition

[Mataracy]

A competitor is the person selling the same goods or rendering same services like you.
Its a very good thing for someone to know his/her competitors so as to know how to package is goods or services because with out doing it may endander one business either present or in future.
When some one know his competitor then one will be able to know how to out smart its techniques. I need your own contribution about the word competitor.

 

[Ralphjoe]

A competitor is someone who is in the same line of business with you. It might be the same product or the same service that you guys are rendering. It is imperative that you know such competitors and what they do that make them thick, you have to have an insight into their sales strategy, their marketing method and how they produce their goods and services. With the knowledge of all these about your competitors, it will be very easy for you to outsmart them and out-sales them.