How to win the war with your rivals
The Chronicle’s Business blog / Jerry bellune
Remember what Sun Tzu taught us in his “Art of War” – know your strengths and weaknesses and your competitors’, too.
Our competitors are in print, online, on the air, on cable, you name it. We never under-estimate them. They are savvy rivals.
We watch their every move. We not only need to know what they’re doing but to steal their best ideas as our own.
We read their publications, listen to them on radio, watch them on cable or TV, see who is doing business with them and how their customers invest their precious advertising dollars with them. What are their advertisers offering that our readers, online and in print, might be interested in?
If they offer products or services our people need and want, we would be remiss to fail to give our rivals’ advertisers an opportunity to make offers to our readers, too.
Does that make sense? Your rivals are fishing the same pond for the same fish.
Test their products and services. Check how they treat customers. Even hire a Secret Shopper to check them out.
This is fair, legal … and smart. You won’t be blindsided ever again. And
you’ll never be ashamed that
you failed to do this.
We share such ideas in “Maverick Entrepreneurs’ Million Dollar Strategies.”
Copyright 2019, The Bellune Co., Inc.