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A Business Competitor VS A Business Comparator
Manage episode 436587243 series 3461774
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This episode will take you a journey into the world of business competitor and a business comparator. A business competitor is an organization that offers similar or almost identical products or services as another business. A business comparator is possibly a group of businesses that are selected according to size, sector, geographic spread, or other criteria to be used as a basis of measurement. Basically, we are talking about how some businesses compare themselves to others and how they measure up or against other companies as well. In this episode we talk about how business owners can let their egos get the best of them when giving a real assessment of their business. We as business owners in the apparel business no we don't compare with larger scale smaller businesses. We know to compare ourselves to smaller, online ecommerce businesses that fit close to the same criteria we fall in. This episode we hope to inform business owners about seeing your business as a competitor or a comparator to other businesses.
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