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Clothing Store Business Plan E Bakery Es Fashion Sample Clothes Shop Examples

Clothing Store Business Plan E Bakery Es Fashion Sample Clothes Shop Examples Template Free Online For Retail Example

By Shoemake Cochran at October 15 2020 15:15:36

Marketing Plan

No matter the economic slump, increasing profits is typically the number one goal of any business. To ensure profitability, a company must demonstrate a competitive advantage over others in its industry, either by cost leadership (same product as competitors, lower price), differentiation (same price, better services), or focusing on an exclusive segment of the market (niche). For long term maintenance of competitive advantage, a firm must ensure that its methods cannot be duplicated or imitated. This requires constant analysis and regular reinvention of competitive strategies.

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