What are some ways to compete with big box stores like Walmart and Target?
You can check the answer of the people under the question at Quora “3 in 1 coffee walmart“
What are some ways to compete with big box stores like Walmart and Target?
You can check the answer of the people under the question at Quora “3 in 1 coffee walmart“
The best way to compete with these stores is to be one of them. You need to be as big or bigger, have as much or more money, have at least the same number and kinds of resources or better, and so forth.
A “small or medium sized business” should not even attempt to compete with them. They have far deeper pockets than you unless you are the one that won the billion dollar lottery. You should cut out your niche from the things that the big boys are not furnishing.
Of course, your niche needs to be big enough to support you and your other competitors which is why you will want to run a feasibility study on whatever you have decided to sell. If the market can support you, then you need a business structure and the other legal stuff before finishing off your busines plan.
I have a free discussion on my website about starting a new business (MyChoiceThings.com).