5 Odd Ideas That Are Best For Businesses Big Or Small

Kill the best Production: Still stuck with your best Product and basking in its glory? Bad idea, move on! Let your best product be taken over by another great production of your company. If you are not willing to do so, others will. It’s better to be your own rival than let others come in. The best example is Apple. It created iPod, which made its revenue soar high, and was a craze among people as it helped people carry music around. With this popularity Apple brought in iPhone, the better starred mobile phone. This product literally killed iPod, but iPhone was a better grosser than compared to previous products. Conclusion: invention is the mother of all necessities. Keep inventing, keep growing.

Help the competitors: Industrialization and globalization has led to cut-throat competition among the companies. Don’t keep yourself away from the competition as this won’t allow you to grow. Stay in the competition and play smart. Make competitions healthy and help your competitors. Sounds weird? Well, no! Helping each other in a way always beneficial and without much disturbances and attacks will serve you a symbiotic environment for the growth of business at the same level. For example, in a market where your particular product is profiting, and another company comes over with another product in the same market; don’t hate it but help it to establish, have tie-ups and make the market flourish with customers and rejoice with added profits.

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