December 21

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What to Do When Business Rivals Turn Into Friends? – Follow These Steps!

Business Rivals Turn Friends

It started off as a competition between two start-ups. A new client had come to the market and had no choice but to go with one of them. Both startups jumped at the opportunity and offered their best services, only to find out later that the client was not willing to choose either – he was asking for something both startups could offer. So, instead of competing on how good they were, they decided that if they worked together, they would be stronger than working alone. After some time passed by, both companies realized that instead of fighting against each other , they ended up becoming good friends – so much so that each new project was divided equally between the two! They shared everything with each other: knowledge, ideas and even new clients.

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This is how an apparent business rival turned into a friend. So, the question now is: If rivalry leads to friendships, can we actually turn business rivals into friends? Read more to find out! Try and Follow These Steps:

1) Establish Some Common Ground First of all;

Before you even start planning on turning your enemy into your bestie, you first need to establish some common ground with this person. For example, the ink about collaborating with h someone who has some ties or connections with whomever you don’t like very much (e.g., they may be brothers; they may have worked together in another project; etc.). What matters here is that you both have something in common.

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2) Develop a Relationship with this Person You can’t just barge in and ask your rival to be your best friend!

There must be a step in between – and that is to develop a relationship. Maybe they’re not friends themselves, but when they see that the two of you get along well enough, eventually they’ll warm up to you. And once that happens, everything else will fall into place.

3) Remember: Friendship is Key Here’s the golden rule when it comes to turning business rivals into friends: friendship!

If people only befriend you because of what you can offer them (e.g., money; connections; etc.), then it cannot be called true friendship. Remember to always be yourself, and offer real friendship in return.

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4) Don’t turn too friendly with them;

Maintain Good Relations Lastly; remember that it is not appropriate to go overboard when making new friends! It’s necessary to maintain good relations with people who are still your enemies (e.g., you cannot treat them like they’re practically family). You definitely can go beyond being just business rivals, but that doesn’t mean you’ll no longer compete with each other. Just remember to stay balanced, and both of you will probably turn out to be better for it!

What Is Social Media Marketing?

The world today is a social media marketing place. Almost all businesses are already using this powerful internet marketing tool – whether they want to or not. Basically, it’s about making your brand visible on various platforms. It could be Facebook pages, twitter, tumblrs etc.

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Various types of content are posted here: videos, podcasts, texts or images used as blogs or just simple updates. Social media marketing is an important part of overall company’s marketing mix. In the past, people used to rely on newspapers and magazines for information about products and services available. However, this method has proven to have many limitations – apart from being very expensive, it reaches only a certain section of society (e.g., those who read them). A better option was needed!

Social media platforms provide a unique opportunity for companies interested in reaching larger audiences with their products and services. It makes use of word-of-mouth advertising, which is among the most effective strategies today as it helps promote goods and services by using discussion forums, blogging websites as well as social networking sites.

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The Benefits of Social Media Marketing

Nowadays, over 56% of the total population is internet users. This means more and more people are turning to social media platforms. You will be able to reach a wide audience with your content, which is an important part of any marketing strategy. There are various benefits you can derive from using these platforms: A higher brand awareness – with strategic planning, it’s possible that these sites can double as an advertising platform for your products & services; Build relationships with existing customers (and even potential ones) through social sharing; Get instant feedback regarding market research about new business strategies; Access to favorable trends; Great customer service opportunities; Improved overall productivity.

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Summary:

To turn your enemy into a friend, try establishing some common ground first before developing a relationship, making sure to have the right attitude towards the whole thing. Once that works out, friendship will definitely come along. And here’s some good news: once this happens, there’ll be no stopping you – especially if you get turned into friends so well enough!

 


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