Top 7 Mistakes Your Competitors Make and How to Capitalize On Them

By: Lance Winslow
Submitted: 2007-01-17 12:47:24
Print this article | Tell a friend | For publisher | Social Bookmarking
Rating:
 

Most of your business competitors out there will make serious mistakes from time to time and if you were watching closely you can capitalize on these mistakes and propel your company in the marketplace further and have your brand in the customer’s mind ahead of the competition.

For over 27 years our companies were always at the top of the game and seldom did we lose a battle to competitors in any market large or small, no matter how long the competitors had been in business been in business, we were victorious in the marketing place. We often noticed that the largest companies made the biggest mistakes or perhaps that was just because they were bigger and more noticeable.

Either way they were competitors and thus we capitalized on their mistakes. What are the biggest mistakes that your competitors will make?

Well, there are many actually and the biggest one is a that they will fail deliver a simple cohesive message to the customer and instead deliver the series of dissimilar messages. In other words they fail to define themselves. This allows your company to define its specific simple messages to each of its target market niches and define your competitors for them.

Your competitors will also go through cash flow problems, hiring the incorrect people, management turmoil, marketing mistakes and failures to execute on customer service. Every time your competitor makes a mistake they leave the door wide open. Remember;

“Your competitor's best customers are your sales apartments best prospects.”

You must capitalize on your competitor’s mistakes to win and earn additional market share for your company; it is the American way. Consider all this in 2006.

Lance Winslow

Article source: Expert Articles

Most Recent Articles in Top7 or 10 Tips category

  • What's Portable Storage and the Top 10 Things You Should Know about a Storage Container - By: Bryan Siegel
    Information about portable storage containers and the fact that it's big business in the United States.
  • Top 7 Competitive Intelligence Tips - By: Brian Garvin
    Find out the real facts with relation to Competitive Intelligence and determine if it is ideal for you at this time. Please decipher our thought provoking evaluation of Competitive Intelligence.
  • Nth-Degree Perspective for Your Ideal Dreaming - By: Neeraj Walia
    Use an Nth-degree perspective for your ideal dreaming. Here's what I mean by that directive. Even if you eliminate the need to forecast, it is still a good idea to understand what causes the effects that you are most sensitive to. Then, you can focus your attention on the causes to identify the ideal best practice for adopting a position relative to each one.
  • Seven Keys To Get Out Of A Rut - By: Upinder Negi
    They say a rut is a shallow grave with two open ends. The good news (good news?!) is that the ends ARE still open, which means if you act fast, you just might out of it. How do we get into these ruts anyway? Who would voluntarily lie down in that grave, shallow or otherwise?
  • Top 7 Ways To Make Money Blogging - By: Jimmy Adames
    Many individuals and businesses today make money blogging and earn a very comfortable living doing so. Creating a blog to earn cash is much simpler than you may believe, so I've put together a brief list containing the top 7 ways to make money blogging.
  • Fun and Easy Christmas Fund Raising Strategies: 8 Tips - By: Carla San Gaspar
    Calendar printing is a fun project that let’s you explore your creativity and it offers great return on your investment.
  • Take Your Postcards to Your Client’s Doorstep: 7 Effective Ways - By: Carla San Gaspar
    Folded postcards are even better. They combine the strength of both the traditional greeting card and postcard. It is folded like the greeting card, but it treated like the postcard.
  • Bringing Christmas to Your Store Fronts with 12 Window Signs Ideas - By: Carla San Gaspar
    Window signs are printed using digital printers that give you a wide range of colors and high quality. However you want to have your designs done, digital printing can easily retain the colors and achieve the kind of quality you want for high-impact prints.
  • Standard Printing Made Easy and Affordable - By: Carla San Gaspar
    Remember, offset printing is for every one who needs high quality printing in large volumes. Even as a businessman without a printing background you can get your prints done with high quality and fast turn around time, but most importantly: simply and easily.
  • How to make the Most of the Internet This Christmas - By: Deryck Harlick
    The internet couldn't be more important to retailers this year as research shows that in the UK alone consumers will spend over £10 billion pounds in the run up to the festive season.