How do you handle competition in your product’s market?
Austin Armstrong
11 replies
Replies
Tiger L@tigerl
AI Phone
Continuously improving the product by listening to user feedback and staying innovative. Emphasizing unique features and building strong relationships with customers ensures long-term loyalty, even in a crowded market.
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Competition is healthy. It pushes us to innovate and improve. We see it as an opportunity to learn, grow, and become better at what we do. 🥰
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Elon Jump
Ruthlessly
Crush them. Watch their every move, exploit their weaknesses, undermine their strengths. Eat their lunch before they even realize you've stolen their food. It's a ruthless game and only the strongest survive. Go for the jugular early and often until you're the only one left standing in your market. 😉
Find their weak spots and exploit them mercilessly. Undercut their prices, poach their top talent, bash them in ads. Hey, all's fair in love, war, and biz! 💣💥
Def keep a close eye on the competition but don't get too obsessed over it. Focus on making your own product 10x better and building real relationships with your customers - that's the key to staying ahead long-term IMO. Anyone used AI tools for competitive research btw?
Depends on your competitive advantage. If you're significantly better on a key dimension (10x faster, 10x cheaper, 10x easier to use, etc), lean into that hard in marketing/sales. If it's more of a commodity market, focus on brand building, partnerships, and channel. And keep innovating either way to stay ahead!
It's all about staying focused on what makes the product special. Instead of worrying about others, it’s better to concentrate on improving and refining features that customers truly appreciate.
I handle competition by staying innovative and regularly updating our product. Keeping the product fresh and relevant is crucial.
In a competitive market, we focus on constantly improving and evolving our product to meet customer needs. Instead of viewing competition as a threat, we see it as motivation to innovate. By leveraging AI and automation, we streamline customer interactions and provide real-time support, which helps us stand out. Listening to user feedback and continuously enhancing features ensures that we stay ahead while offering unique value to our clients.