Now, if you think that the competition is not favoring your business, there are three solutions to it. First is product distinction which makes the product you offer different from your competitor. The second is through industry or market access which is done through selecting a market that is...
Wauthy, Xavier & Yves Zenou (2002), "How Does Imperfect Com- petition in the Labor Market Affect Unemployment Policies?", Journal of Public Economic Theory, 4/3Wauthy, X. and Zenou, Y., "How Does Imperfect Competition in the Labor Market Affect Unemployment Policies ?," Journal of ...
Competition law entails the rule put forth to regulate and manage the competition between companies within a given period. However, factors exist in the company that affects the business's performances within a given period where competition law forms part of these factors. Still, the impact ...
Conducting market research not only helps you better understand how to sell to customers but also stand out from your competition. In this guide, we break down everything you need to know about market research and how doing your homework can help you grow your business. ...
For example, say you work with an automotive brand and one of your top business objectives is to increase market share with parents of young children. With that in mind, you can develop a strategic content pillar around this specific audience, and report on the performance of those posts over...
marketing and business plan. Many companies lose business to competitors they have never even heard of simply because they've never taken the time to do competitive research. Understanding what your competition is doing helps you better position your company and product or service in the market. ...
Imperfect competition is a situation when the market violates or does not show the characteristics of a competitive market. All markets can be classified as imperfect competition as they do lack at least a single aspect outside of the perfect competition model....
Determining your unique value proposition (UVP) can help your business rise above the noise, even in a saturated market. Your UVP answers why a customer should choose your business over the competition. How do you uniquely address their needs, pain points and desires? What benefits do you offe...
d) Market Insights Market insights give you actionable information. Conducting market research can directly be applied to help you with business decisions. Remember that the better you understand your market, the better you can identify the traffic and future of content ranking assets. Features like...
The material entry of a third rating agency (Fitch) to the competitive landscape offers a unique experiment to empirically examine how increased competition affects the credit ratings market. What we find is relatively troubling. Specifically, we discover that increased competition from Fitch coincides ...