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Thrift Store Business Plan Template Donate E2 80 93 The Club For

Thrift Store Business Plan Template Donate  E2 80 93 The Club For

By Shawn C at August 26 2020 14:16:13

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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