Popular on EntSun
- Female Motorsports Sponsorship & Expansion; Acquisition Agreement of UAE-Based Sports Incubator by Online Lottery & Sports Game Provider: Lottery.com - 225
- WOA Entertainment Group Unveils Independent No.1's: Breakthrough Artists II —A Celebration of Indie Excellence - 206
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator - 206
- Edtech Startup Young Commanders Launches 'Visionaries Without Sight' Collection Celebrating Blind and Visually Impaired Historical Figures - 197
- Introducing Nene Wear: The Bold, Sporty Fashion Brand by Jeanne Myrick, Powered by KLM Enterprises - 184
- Let's Talk Series: At the Crossroads: Immigration Today - 148
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement - 131
- TEDxInglewood Returns to The Miracle Theater on August 9, 2025 — Celebrating Bold Ideas and Community Energy - 129
- Manhattan Boutique Real Estate Collaborates with InterContinental Hotels NYC in a Branding Partners Personalized Approach - 121
- Token-Operated Sake Service Opens at Tobu Nikko Station - 117
Similar on EntSun
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Winners Announced for Asia Pacific Business Awards 2024-2025
How and Why To Examine Your Business Competition - 6 Tips To Consider
EntSun News/10783426
Business Mentoring - How much do you know about your competitors? What are the 6 most important things you need to know about your competitors?
LONDON - EntSun -- Kent Business Mentoring FREE Mentor Training London
Free mentoring seminars are held around the UK including Kent, London, Manchester and UK Nationwide. Find a Local Business Mentor Near You - use the link at the end of tis article.
Business Competition - Comparing Prices and Growth
Soon after we start working with a Business Owner we will ask them what they know about their competitors. Many know who their main competitors are but very rarely know much more than that about them. We very often mystery shop our clients' competitors and then our client themselves. It can be very revealing.
by So why is it so important to know about your competitors?
What are the 6 most important things you need to know about your competitors?
Well, it can tell you what you do well in comparison and what differentiates you, which is very important in today's highly competitive market. We mystery shopped a domiciliary care company who provide care for the elderly by phone.
More on EntSun News
We enquired about care for an elderly gentleman who needed help at the beginning and end of the day. They listened to our needs for a few minutes but when we got to the end of our request we were advised that the person who dealt with enquiries wasn't about at that moment.
They asked us to call back later rather than taking the initiative to come back to us! Needless to say we didn't call back as we saw their response as a reflection of the care they might or perhaps might not provide depending on who was available.
Kent and London Business Competitors - Knowledge - How else can knowing about your competitors help you?
It can tell you where you sit in the marketplace with price, service and quality. How do they deal with their customers? What's their product range like? As a result of your findings you can work on your competitive compelling advantage to differentiate you from the rest.
So what are the 6 most important things you need to know about your competitors in Kent?
1. Who are your top five competitors?
2. Do you understand their offering? Have you mystery shopped them and as importantly have you mystery shopped your own business and do you do it regularly – at least once a year and perhaps more often depending on your industry)? What do the online reviews say about them? What are they doing well and what could they do better?
More on EntSun News
3. Do you understand their financial performance?
4. How much do they charge? This is often a useful barometer as to whether your charging structure is right
5. Who is the most admired competitor? What can you learn from them?
6. What is your competition doing to grow?
Understanding your competitors will provide you with opportunities in the marketplace and give you an advantage as they may well not be doing the same.
As Walt Disney said, "I have been up against tough competition all my life. I wouldn't know how to get along without it."
Visit https://www.ukbusinessmentoring.co.uk/
https://www.youtube.com/watch?v=TZwa8V0X2cE
Free mentoring seminars are held around the UK including Kent, London, Manchester and UK Nationwide. Find a Local Business Mentor Near You - use the link at the end of tis article.
Business Competition - Comparing Prices and Growth
Soon after we start working with a Business Owner we will ask them what they know about their competitors. Many know who their main competitors are but very rarely know much more than that about them. We very often mystery shop our clients' competitors and then our client themselves. It can be very revealing.
by So why is it so important to know about your competitors?
What are the 6 most important things you need to know about your competitors?
Well, it can tell you what you do well in comparison and what differentiates you, which is very important in today's highly competitive market. We mystery shopped a domiciliary care company who provide care for the elderly by phone.
More on EntSun News
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- Live Courageously Hosts Ann-Marie Murrell, Author, Journalist, Former Political Commentator
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- YYNOT Brings High-Energy RUSH Tribute to the Weinberg Center this September
We enquired about care for an elderly gentleman who needed help at the beginning and end of the day. They listened to our needs for a few minutes but when we got to the end of our request we were advised that the person who dealt with enquiries wasn't about at that moment.
They asked us to call back later rather than taking the initiative to come back to us! Needless to say we didn't call back as we saw their response as a reflection of the care they might or perhaps might not provide depending on who was available.
Kent and London Business Competitors - Knowledge - How else can knowing about your competitors help you?
It can tell you where you sit in the marketplace with price, service and quality. How do they deal with their customers? What's their product range like? As a result of your findings you can work on your competitive compelling advantage to differentiate you from the rest.
So what are the 6 most important things you need to know about your competitors in Kent?
1. Who are your top five competitors?
2. Do you understand their offering? Have you mystery shopped them and as importantly have you mystery shopped your own business and do you do it regularly – at least once a year and perhaps more often depending on your industry)? What do the online reviews say about them? What are they doing well and what could they do better?
More on EntSun News
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Climaxe Throwing Celebrates 3-Year Anniversary with Grand Re-Opening Under New Ownership
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
3. Do you understand their financial performance?
4. How much do they charge? This is often a useful barometer as to whether your charging structure is right
5. Who is the most admired competitor? What can you learn from them?
6. What is your competition doing to grow?
Understanding your competitors will provide you with opportunities in the marketplace and give you an advantage as they may well not be doing the same.
As Walt Disney said, "I have been up against tough competition all my life. I wouldn't know how to get along without it."
Visit https://www.ukbusinessmentoring.co.uk/
https://www.youtube.com/watch?v=TZwa8V0X2cE
Source: UK Business Mentors
Filed Under: Business
0 Comments
Latest on EntSun News
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
- Big Butler Fair Announces 2025 Music Lineup and Grandstand Events
- 2 Funny Native Comedy Night Comes To St Croix Casino Hertel
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Black-Owned Media Continues To Take Center Stage:The Complete Network Officially Launches
- New PBS Travel TV Series Premieres as Host Michelle Valentine Celebrates 8-Year Wedding Anniversary
- Tucson, Arizona to be backdrop city for Vendetta Vette (c) Mini Movie Streaming late 2025
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- Endoacustica Europe Unveils iPhone 13 Pro Max Spy Phone—Pure Hardware, Zero Software Changes
- Suzanne Harp named Managing Director in Texas, USA
- $10 Million Acquisition of GXR World Sports Assets Energizes Global Launch of Sports.com Super App by Online Lottery-Sports Game Provider: Lottery.com
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Investor Spotlight: Cycurion, Inc. (N A S D A Q: CYCU) Secures $69M in Contracts Amid Surging Demand for AI-Powered Cybersecurity Solutions
- $328 Million Global Stroke Rehab Market Opportunity Awaits AI Telehealth Leader Following Selection for NIH Funded Phase 3 Clinical Study: VSee Health
- Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities: ASTI
- VoodooSoft Unveils SiriusLLM: The World's First ChatGPT-Like AI Malware Detection Engine