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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: bobby beara who wrote (2972)7/21/2000 11:44:51 PM
From: Mad2   of 3543
 
Key to making money in business is carving out niches, by that I mean being able to differentiate your product or service from the other guy's by something other than price (and you need to be the lowest cost provider in your segment).
Today, everything moves quicker, information, decisions and the like. It crucial to have a way to keep your customer comming back or to attract customers in the crowd if not your dead!
mad2
PS I'm in a old economy business (chemical manufacturing), however we make speciality products (difficult for customers to switch) and are a low cost manufacturer in our segment.......when we get hungry we lunch on our competitors business and take advantage of their weakness.
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