How do nearby businesses with similar products usually compete?

Question

(1 point)
Responses

offering deals and low prices
offering deals and low prices

changing to different product types
changing to different product types

lowering the level of service to save costs
lowering the level of service to save costs

establishing a minimum price for everyone to use

Answer 1

offering unique features or benefits to differentiate themselves
investing in marketing and advertising strategies to increase visibility
improving the quality of their products or services
providing exceptional customer service
developing strong relationships with their target audience and fostering customer loyalty.

Answer 2

select a choice

Answer 3

offering unique features or benefits to differentiate themselves