What are the strategies To succeed in Saturated markets?
Avoid competing With Your abilities or aptitudes
Photo by José Martn Ramrez Carrasco: On Unsplash
Competing in a saturated market means that your technical proficiency is the least important factor to consider. The majority of competitors possess it and could potentially have a stronger version than you
In a saturated market, the strategy is to present oneself as distinct, someone who approaches problems with unique approaches, treats their clients differently from competitors, and defies tradition by following his innovative process that generates value for the client
There are a multitude of medical practitioners. When I become unwell, I prioritize customer satisfaction and medical knowledge over medication
Despite following the exact booking process, I despise waiting in clinics for extended periods of time
Although I would like to have expertise, if it comes at the expense of wasted time, unclear treatment plans, and self-centeredness, I’d prefer medical advice from professionals who possess exceptional character and work hard on patients. I can count on a compassionate and responsible doctor to care for me when things don’t go as planned or plan
I am experiencing these frustrations, and I believe there are many individuals who feel the same way
Fortunately, these are common sources of pain and frustration in every business. Your objective is to identify these difficulties and obstacles, devise remedies, even if they do not adhere to the customary practices, evaluations, and enhancements