Competitive Advantage - Explained

Competitive Advantage - Explained competitive advantage Six ways to develop your competitive advantage · 1 Become an online influencer · 2 Speak at events in your industry · 3 Niche down · 4 competitive advantage A differential advantage means a firm's products are viewed as higher quality and more unique compared to its competitors These firms often have a strong brand

competitive advantage A differential advantage is fueled by a company's cutting-edge technology, proprietary processes and products, skilled workers, and a well-established brand

competitive advantage What Is Competitive Advantage? Competitive advantage is a favorable position sought by a business to be more profitable than its rivals To gain and maintain a Competitive Advantage introduces a whole new way of understanding what a firm does Porter's groundbreaking concept of the value chain disaggregates a company