80 likes | 258 Vues
There is nothing wrong in a healthy competition. The pursuit of being better keeps the organization active and going. Every business involves competitors who strive to get a bigger piece of cake, so does womens wholesale clothing business.
E N D
10ThingsToLearn FromWholesaleClothingCompetitors! “Competitorspush youto achievemore” Thereisnothing wrong in ahealthy competition. Thepursuitof being better keepstheorganizationactiveandgoing.Everybusinessinvolvescompetitorswhostrivetogetabiggerpieceof cake, so doeswomenswholesaleclothingbusiness. Butbeforeyou jump in tocompete,aproperandthoroughhomeworkaboutthecompetitor’sstrengthsandweaknessesisamust.Respectyourcompetitorsandtrytolearnasmuchasyoucanbyobservingtheirstyleof working. Herearetop 10 thingsyoucanlearnfromyourcompetitors:
DefiningTargetMarket Thefirstand foremostthing involvesdefining targetmarket. Keenly observewhereyourcompetitorissupplyinghislotsandthencompareitwithyourmarket.Ifyousupplyonlytotheretailersandyourcompetitorishavingboutiqueandoutletsclientsaswell,notethatandprepareafullproof planto stretchyourarmsin thesamedirection.
Strategy Understand why your competitor isperforming well! Learn about thepoliciesand thestrategiesthatheisfollowing tokeep hisbusiness growing.If found anyof themprofitabledonotbehesitantto adoptit.Remember “Businessisallabouttaking risks”.
UseofS.M.O SocialMediaisthebyfarbesttooltogettheinsightsaboutyourcompetitor.Ifitisyourtruecompetitorheought to bedoing wellin hissocialmediachannels. Understand yourloopholesandhisstrengthsthatarehelpinghimtogainmoreandmoretraffic.Reviewthecompany’spostpostsandanalyzethemwell,seewhatdistinguishthemfromyourpostsandwherethescopeof correctionlies.
MediaOutreach Mediacandowonders!Mediahastheultimatepowertoincreaseyoursalesmanifoldbyjustapositiveretort.Seewhereotherwomenswholesaleclothingdistributorshavebeenfeaturedinthemediaandtrypitchingthosemediapersonstoavailthebenefitsforyourcompanyaswell.Hireadedicated P.RManagerfor thesameif required. Packaging Presentationmatters!Howyoupackageyourproductsdefinealotaboutthestandardofyourcompanyandthequalitythatyou sell. Observethepackagingofyour competitorand seewheretheyhavesavedmoneyandwherespent.Andtrydoingsomethinguniquewhichlooksgreatyetsavesmoney.
Product Description Incaseofonlinewholesaleshopping,it’sjustthedescriptionandtheimageplay.Nobodytosellout,theimageandthewordsspeakforitself.Giveyour women’swholesaleclothinggreatwordstoexpressthemselves.Iamnotaskingyoutoyourcompetitorwordtowordbutdoaproperresearchbeforepostingthedescriptiononthesite.(reframingafewlinesfromyour competitor willdo no harm) Learnfromthe mistakes of yourcompetitor “NobodyisPerfect”Youcompetitortoomighthavedonesomejeopardizesbeforereachingatthisstage.Discoverhiscauseof failureandpledgenotto repeatthem. Listing of Products Thewayyoupresentmeansalot.Displayyourproductsbeautifullytoattractmoreandmorecustomers.Seehowyourcompetitorhaslistedhisproducts;iftherearedifferentsectionsforthetypeof wearsor if they havedifferentsection for thelatestarrivals, etc. Observeeverything wittily!Andseewhatyoucanadopt.
Marketing Aretheyairingtheiradsandvideos?Attheinitialstage,itmightnotbepossibleforyoutostartyouradvertisementsbutvideoscanbepromotedviayoutubeandothersocialmediachannels. Do abrainstorming on this! OnlineReputation Now,thisiswhereyouhavetoexcel!Buildingaremarkableonlinereputationcantaketimebutitisn’tthatdifficult.Seewhatallyourcompetitorhasbeendoingtogeneratemoretrafficand don’tmind following thegood pointsother womenswholesaleclothing distributorshavebeen doing.
Get, Setand Go!Wishyouallthebestforyourmarathon! StayConnected bylikingus onhttps://www.facebook.com/CharuFashions