How To Talk about your competition?

Competitor by definition is one selling or buying goods or service in the same market as another.

Its very common to hear some diamond trader in market saying “we offer better rates/product than our competitors”

Well be careful next time you use such statements. Never say never – never say “my competitors are not as good as me”, while making trade. If you say that you have no one to compete – many times you are proving yourself less informed.

Lets say you accept in front of your client/customer – that you have competitors – next – do not criticize them without being honest. Criticism should be something relevant and honest.

Always learn from your competitors – always keep an eye on your future competitors.

Talking about competitors

Competing Forces in Market

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