Remaining competitive
Q.
I run a small consumer electronics retailer and a rental/maintenance business. I have 10 stores located in nearby towns on semiprime high street locations but I’m being forced to compete against not only larger players (Dixons, Currys, Comet, etc) but also supermarkets which are increasingly selling nongrocery products. Additionally, I’m also finding that many customers are now using the internet to check prices of specific models, and this is limiting my ability to premium-price specific models and parts. I can’t compete on price, product range or location, so how can I maximise my competitive advantage?
01/04/05 10:07