We all want one? Do we all have one?
Can everyone in your organization name it?
Can everyone of your customers name it?
Here are some tactics in developing one:
- Reduce product pricing
- Make it difficult for others to duplicate
- Make it difficult for buyers to switch
- Introduce new product or services
- Differentiate product or services
- Develop enhancements
- Establish strong business alliances
- Leveraging your suppliers
- Be first in the market place
If you want to stand out from the crowd there is no better way of doing it than have a great competitive advantage. Do you have a few more?
Want a little more background, check out the Business901 Product Marketing Process.
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