Turning Competitor's Weaknesses Into Opportunities

12manage is looking for contributors...


 
SWOT Analysis > Forum Log in

Turning Competitor's Weaknesses Into Opportunities
Mukisa Simon Peter, Member
How can I turn my rival's internal weaknesses into my opportunities since some companies succeed in keeping their internal weaknesses as a secret to themselves?
 

 
Taking Advantage of Our Competitor's Weaknesses
Heringa, Member
Your strengths are your competitor's weaknesses. If not, they're not your strengths either. If they are, you could use them to his disadvantage.
For example: you have a strong financial position (and your competitor does not), you can bleed him out, through price war or excessive marketing.
In my opinion, however, you should not focus on eliminating the competition, but on creating value for your customer and having your competitor around to show to you are better.
 

 











 

  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  


Special Interest Group Leader
Chander Shenoy
Business Consultant

More on SWOT Analysis
Summary
Forum
Best Practices

Expert Tips

Resources



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 19-7-2018. All names of their owners.