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Business Strategy Bridgette Ugarte Business Strategy Bridgette Ugarte

Building Your Competitive Edge: The Difference Between Competitive Advantage and Competitive Necessity

When your company can successfully identify the unique value that you bring to the market, and even further, can integrate it into your marketing strategy and messaging in a way that resonates with your customers, you’re leveraging your competitive advantage for growth! Competitive advantages and competitive necessities are both crucial for a successful business. Competitive necessities are important for keeping your company afloat, but your competitive advantage is what ensures your company stands out. Centering your team and your messaging around these advantages will catalyze your success, foster customer loyalty, and create unique brand recognition in your market.

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