The online market keeps growing day by day. The competition is always trying to stay one step ahead of you. So you have no choice but to constantly work think of your online advantage.
Competing on price is by far the worst online competitive advantage for your website business. It is easy to duplicate and at the end of the day you don’t earn a good profit (Think basic economics, PCOMP = $0 ). The focus of your
should be on value. Also, focus where your
as Aaron Wall suggest.
Everyone has some for of needs and wants. You just have to find a way to provide a perceived value in which your customer thinks “WOW, XYZ company has great value so I will pay them more for it”.
Reflect on their brand and why they are good? is it the comfortable ride? the comfort of treating well?
The problem with price is that you have no differentiation. And with no differentiation you are unable to develop a long term strategic growth.
So look at your
and think of ways to grow your brand:
The key should be to focus on your brand and not price.