How do nearby businesses with similar products usually compete?
offering deals and low prices
A changing to different product types
B lowering the level of service to save costs
C establishing a minimum price for everyone to use
D increasing marketing efforts to differentiate themselves
E improving the quality of their products or services
F providing exceptional customer service and personalized experiences
G creating unique features or added value to their products
H focusing on targeted advertising and reaching specific customer segments
I offering convenient services such as online ordering, delivery, or curbside pickup
J building strong relationships with customers through loyalty programs or rewards
K participating in collaborations or partnerships with other businesses to offer combined products or services
L staying up-to-date with industry trends and offering innovative products or services.