A startup is something that is supposed to be going slow and steady and I will advise that that is how you should reject it and not just try to rush it anyhow.
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That is just the fact,because if you want to look at it from the aspect of slashing your price very low,you will end up running into loss,and that is not necessarily a good strategy to start up with,because you cannot compete with the big brand.As a small business organisation or new This may not be easy. A well-established organisation are likely to cut down the price of their goods to attract more clients since they are used to the profit they are generating.. I believe it would be difficult for new Start up to compete with an already establish business.
You have made a good point. It will always be difficult for a small start up to compete with a big brand that is already established. The competition is why most start ups fizzle out with time.That is just the fact,because if you want to look at it from the aspect of slashing your price very low,you will end up running into loss,and that is not necessarily a good strategy to start up with,because you cannot compete with the big brand.
That is just the fact,because the big firms are coming to the field with lots of capital and good technical know how,the advantage they have would make a small start up to trail behind them.You have made a good point. It will always be difficult for a small start up to compete with a big brand that is already established. The competition is why most start ups fizzle out with time.
I believe , the only way they can compete is just by offering the best quality products , a lot of people may not really be interested in the price of product because they can afford it . what they need is the quality and if you can offer that it might help your business growThat is just the fact,because if you want to look at it from the aspect of slashing your price very low,you will end up running into loss,and that is not necessarily a good strategy to start up with,because you cannot compete with the big brand.
That is definitelly one way to get customers to be attracted to your business or product,another aspect to consider,is your intergrity,you should be very honest to your customer concerning quality and some details that they might not be privy to know.I believe , the only way they can compete is just by offering the best quality products , a lot of people may not really be interested in the price of product because they can afford it . what they need is the quality and if you can offer that it might help your business grow
In a case like this, it is left for the small start up to bring the business closer to the target market. The small scale business has to adopt special means of winning customers in order to meet up with it's goals and objectives amidst competition.That is just the fact,because the big firms are coming to the field with lots of capital and good technical know how,the advantage they have would make a small start up to trail behind them.
That is very correct,because some factors really account for this and the business will be experiencing considerable growth,and also the environment and capacity of the business owner to strategise and bring in customers is another factor.There are some business that has a fast and steady rise up depending on the type of business and the business plan you are using to approach the business , and there are some business that their rate of growth is slow , but will eventually rise .