Types of Competitive Advantage For Building Business Success

What Is Competitive Advantage, and Why Is It Important? competitive advantage

Delivering exactly what your competitors are delivering but at a lower price is one way to gain an advantage in the marketplace Conversely,

competitive advantage A competitive advantage is anything that gives a company an edge over its competitors, helping it attract more customers and grow its market share  Competitive advantage is created by using resources and capabilities to achieve either a lower cost structure or a differentiated product A firm positions An advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and better servicing

อาจารย์มงคล รอดเที่ยงธรรม A solid competitive advantage should be difficult to copy or recreate within another business Examples of competitive advantages are unique