Marketing Competition

Marketing competition
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Marketing competition
Competition is a common phenomenon that allows businesses to maintain their influence and enhance their delivery. Looking at the difference between a small retailer like Dematic and a national chain like Walmart Stores provides a perfect example of a healthy nationalistic against regional competition. Dematic provides an array of services, including the provision of automated systems. On the other hand, Walmart offers a range of items from home appliances to office equipment in its online platform. These two rely on their social media presence to make sales. Hence, they have to structure their marketing in such a way as to ensure a greater market reach and to convince their customers of the importance of purchasing from them. Businesses can compete with each other through incentives like price reduction and offering discounts for Walma...