How do survive among the high crowd of competitors?
LAUREA PEOPLE'S SIGNATURE
Website Design & Branding Maestro | AI-Driven Digital Marketing Solutions | Data Analytics Expert | System Development
Heraclitus, a Greek philosopher, said that change is the only constant.
Today, everyone has access to many things that might not have been accessible maybe a decade back. Overall, the Purchasing power of people has increased, and this has given rise to fantastic opportunities for businesses.
Trends, benchmarks, and the "numero uno" in any field get changed every day. It pushes individuals to deliver their absolute best at work. The competition is very high, and it becomes difficult for one to be identified differently from the lot. It's not easy but having said that, it's not impossible as well.
We can look at surviving against competition from two perspectives. First, as an individual staying in a competitive environment, and second, competing in the market with your business.
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Competitive Individual
People can never be of the same type, like fingers on your hand, and some may be more casual when faced with challenges, while others may be cut-throat. Healthy competition always has a motivational factor, whereas competition, in general, may negatively impact. The following ways can lead you to have a healthy life while being competitive.
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Stand out from the crowd:?
All are blessed with some skill. Maybe you can paint, play an instrument, or be an excellent orator. The talent might not be related to your work, and it helps you improve your social and professional visibility.
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Change to change:?
Mergers and acquisitions are prevalent nowadays. Even when a colleague quits, try to lend a helping hand to the respective team. Most of the time, these tasks may not be your regular duties, but these subtle things portray a crucial value you bring during your yearly appraisal meetings.
Achievements:?
You should be aware of what you have accomplished along the way. Maintain a folder or keep a mental note of them. They will motivate you on your bad days, and during your performance review meeting, you can be upfront in saying what you have and can do.
?Guru:?
We all have that friend, philosopher, and guide we look up to for everything. When encountering a crisis, you would not always get the support of your peers. or walk up to your boss. During times like these, your mentor can help you suggest the skills you need to work on.
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Equilibrium:?
Your mind is the key to every lock. Reports suggest the brain needs at least 2 hours to shut off. You should isolate yourself from the distractive devices like your mobile, laptop, and television at least two hours before bed. It will help you be more productive and energized.
While on the field
Since it was a cub, a lion caged inside was considered its natural habitat. But his instincts keep telling him that there is something out there. A similar instinct makes business tycoons what they are. Products or services drive businesses in the present day. So how do you stand out here?
Customer service:?
Customers are to be treated like royals. Based on a survey, 70% plus customers value service more and define it as a measure of a company's capability. This will earn you loyalty from your customers, and gradually, they become your brand's advocate.
Accept mistakes:?
Accepting your fault help you go a long way, proving that you are truthful. Move forward and fix the problem as well. Customer relationships can grow stronger if their issues are handled well on time.
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Honesty:
You cannot lie about your product or services. If you cannot meet the deadline, call and tell your customer well in advance. This will help you gain faith. Remember, it's challenging to gain trust and very easy to lose it.
Agility:?
This will help you to be remembered by the customer. Do not stop innovating. Integrate new software and technologies, introduce new processes or solutions, and try new ideas to deliver the best to your customers. It is a never-ending process, but continuous improvement is the pathway to excellence.
CSR:?
Regardless of your yearly turnover, always be present in various CSR activities. Although they do not contribute to the numbers at the end of the year, they will help you earn goodwill, obviously bringing in more revenue.
Guarantee:?
If you offer a guarantee on your offered product or services, it portrays your confidence as an organization and has a feel-good factor for the purchaser. Remember to back up your words when the time comes.
Conclusion
Social media nowadays is a big influencer. Never shy away from promoting yourself or your business online. Blogs may be an exciting way as well. Bear in mind that Jack Ma, Ratan Tata, and Bill Gates were regular people before they became what they are today. Follow?