Customers, Competitors, and the Businessperson

The customers, the rivals and a successful business model are the three major focal points that a business needs to analyse, consider and respond to respectively. Here are three questions to think about on each:


Three customer questions



  • Who is buying?



  • What do they buy?



  • Why do they buy?




Three competitor questions



  • How big are they?



  • Which customers are they after?



  • What is their strategy?




Three ways to win as a businessowner



  • Cut costs to the bone



  • Offer something unique



  • Focus on one customer group






dummies

Source:http://www.dummies.com/how-to/content/customers-competitors-and-the-businessperson.html

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