competitive strategy

The competitive strategy helps to make a clear vision. You will understand. The goals of the firm by following this strategy.

5 competitive strategy are as follow:

1. Low price provider. This strategy searches. To create prices low. That value should be so low. The low-cost provider assists in gaining a significant share.

2. Differentiation. This strategy is fully helping to understand. The needs and emotions of customers. So you can meet those needs. In the way, anyone else cannot.

3. Focused low-cost. This strategy helps to offer low prices. In a selected section of the market. By focusing on the small groups. You can quickly meet your needs.

4. Finest cost-provides. The strategy chooses a focused market. To provide a lower cost.

5. Focused differentiation. It helps to offer product features. In a particular market.