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What does Having Competitors do to your Business
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[QUOTE="Sikapa, post: 272086, member: 71872"] Well, to me what I know is having a competitors in a business helps you in so many ways of which I will like to talk about one or two of them. You see, competitors help in many reasons and that is why most at time our school teachers normally post our examination results on the school notice board. This helps most students to improve their academic performances when they see their competitors doing well. Like wise, having a competitors in your business helps you to brand yourself and you products. You will get to know that if you don't maintain the taste of your product there are many same product out there that the consumers will shift and patronize them. Therefore you will try your possible bet to improve and maintain the taste of your product. You will also brand yourself and your product as well. Another reason why is good to have a competitors in your business is you will know how to select a good packaging. [/QUOTE]
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