The love of the boss
Chapter 67 Intensified Competition and Differentiation Strategies
With the company's initial success in the field of educational tourism, more and more competitors began to enter this market, and the competition became increasingly fierce.
"Su Yao, you see, several new companies have recently launched similar educational tourism products, and their prices are lower than ours." Lin Xiao said worriedly, holding the market research report.
Su Yao frowned: "this is indeed a problem. If we don't take action, our market share may be squeezed."
To counter the competition, they decided to do a deep dive into their competitors’ products and strategies.
"Lin Xiao, I found that some competitors rely mainly on low prices to attract customers, but the service quality and educational content are not outstanding." said the employee in charge of market analysis.
After thinking for a moment, Lin Xiao said, "Then we can't get into a price war with them, but we should highlight our differentiated advantages."
They first carefully designed the tourist routes and added more attractions with unique cultural and educational significance.
"Su Yao, this time we have developed a new historical and cultural tour and invited professional scholars to give explanations so that children can have a deeper understanding of history." The product manager introduced.
Su Yao nodded in agreement: "Very good, this experience is difficult for other competitors to replicate."
At the same time, in terms of service, they have improved the quality and training level of tour guides to provide tourists with more considerate and professional services.
"Lin Xiao, after our tour guides have undergone rigorous training, tourists' satisfaction has significantly improved." The customer service department responded.
Lin Xiao smiled and said: "This is not enough, we must continue to exceed customer expectations."
In terms of educational content, they have collaborated with well-known educational institutions to develop a series of exclusive courses and activities.
"Su Yao, the science exploration course we collaborated with the educational institution on this occasion has been very popular. Many parents have praised their children for learning a lot." The marketing manager said excitedly.
Su Yao said: "Keep going, keep innovating educational content to keep our products attractive."
However, competitors did not sit still and began to imitate some of the differentiation strategies of Lin Xiao and Su Yao's company, making the market competition even more intense.
"Lin Xiao, our competitors are also improving their service quality and educational content, and our advantages are gradually shrinking." Su Yao said anxiously.
Lin Xiao calmly analyzed: "Then we have to go a step further and explore deeper differentiation."
After in-depth market research and customer demand analysis, they found that customers have an increasingly high demand for personalized customization.
"Su Yao, we can launch educational tourism programs tailored to customer needs to meet the special needs of different families." Lin Xiao proposed a new idea.
Su Yao's eyes lit up: "This is a good idea, but it may be difficult to implement."
Lin Xiao said firmly: "As long as we can provide unique value to customers, we will do it no matter how difficult it is."
As a result, the company invested a lot of resources in developing a personalized customization system, allowing customers to freely choose travel routes, educational courses and activities based on their interests, time and budget.
"Su Yao, after the launch of this personalized customization system, the response has been very good, and many customers have chosen our customization service." Good news came from the sales department.
Su Yao breathed a sigh of relief: "It seems that our direction is right, but we can't let our guard down and continue to optimize and improve."
Under the pressure of competition, the company continues to innovate and optimize its products and services, and gradually established a unique brand image in the market.
"Lin Xiao, although the competition is fierce, I believe that as long as we stick to the differentiation strategy, we will stand out." Su Yao said confidently.
Lin Xiao held her hand: "That's right, as long as we work together, there will be no difficulties that cannot be overcome."
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