Companies saddled with high debt have become inviting targets for cash-rich competitors. The retail group outbid all three competitors for space in the shopping center. The payoff for years of research is a microscope which performs better than all of its competitors.
Competitors are rival businesses whose activities have the potential to reduce another business's share of the market. Direct and indirect competitors offer diverse approaches to vie for market share.
Business competitors are entities—companies, organizations, or even individuals—that offer products, services, or solutions that satisfy the same customer need as your business. They are essentially vying for the same customer base and resources.
A competitor is a person, company, team or entity that competes against another entity or person. Coca-Cola and PepsiCo, for example, are competitors.
When people compete (in sports, business, or elsewhere), they're trying to achieve the same goal and are therefore considered competitors. Two teams in the same sports division are competitors.
A company's competitors are companies who are trying to sell similar goods or services to the same people. The bank isn't performing as well as some of its competitors.
Learn the 4 types of competitors every business faces — direct, indirect, replacement, and potential — with real B2B examples and a practical tracking framework.
4 Types of Competitors You Need to Track (With Examples) - Unkover
To gain market advantage, a manufacturer should outclass competitors in either quality or cost or quick response, or a combination of one or more. To be more precise, he runs away from the law by defiantly refusing to win the race as the favourite competitor.
This guide provides a structured framework for evaluating your industry's competitive landscape, competitors' business structures, marketing efforts, and customer journeys.
- rival, competition, opposition, adversary, antagonist The bank isn't performing as well as some of its competitors. 2. contestant, participant, contender, challenger, entrant, player, opponent One of the oldest competitors in the race won the silver medal.