A few days ago
Anonymous

Assignment question….?

i am currently working on a college assignment….. one of the question is how i set up strategies to beat and differentiate my “company” from my competitors…the “company” that i created is an apparel store that sells casual clothes…..any idea what strategies to implement????

Top 3 Answers
A few days ago
rainwater

Favorite Answer

strategies to beat and differentiate my “company” from my competitors: … sales, discounts, late hours, early hours, online shopping, several changing rooms and wider isles so people do not bump into each other. Be lower than the lowest prices around and beat their deals by 10%, your profit may be smaller on each item but your total sales will bring you more profits and customers than the other stores.
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A few days ago
DrIG
In addition ti the two above excellent answers please add the teenage and college market. There is often demand for these clothes and if they become popular you are in. Teenager girls in particular act as lemmings when it comes to fashionable clothing
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A few days ago
epaphras_faith
niche market or location differential.
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