Tags Competitive Advantage

Tag: Competitive Advantage

How businesses can utilise VR and AR for a competitive advantage

Byline: CEO and Founder of Devika, Ken Kencevski The rise of VR and AR When Virtual Reality (VR) and Augmented Reality (AR) first started to emerge...

By prioritising professional development for marketers, SMBs can gain a competitive edge

As a champion for professional education, the findings in the recent Salmat Mid-tier Marketing Index (SMMI) really caught my attention. Marketers in the mid-tier...

Five Traits of Successful Business Owners

When it comes to measuring success, everyone has their own metrics. In business, however, high achievers possess the same characteristics. Creativity, flexibility, forward-thinking, self-motivation,...

Strategic delegation: a ‘must’ for business leaders striving for a competitive advantage

Over the past 10 years, we’ve seen AirBnB become the largest accommodation provider with no properties, Uber become the largest taxi company with no...

To make sense of – and benefit from – large volumes of data, SMBs need the right talent

Big data is no longer the sole domain of large enterprises – small-to-medium businesses (SMBs) that leverage data effectively can gain significant competitive advantages. Almost all...

Small retailers urged to trial not surcharging ahead of next year’s ban on excessive fees

In May, this year, the Reserve Bank of Australia released a new surcharging standard, which introduced a ban on excessive surcharges. The ban, which...

We’ve punched above our weight without going head to head with big players: Holocentric CEO

Home-grown Business Management Systems (BMS) provider, Holocentric has outbid larger international companies for tenders in Australia by harnessing the strengths of being a smaller...

Tap into the advantages of engaged workers

Employee engagement is a key theme for many SMEs as they struggle to attract and maintain talent in the highly competitive employment market. According to...

Sustainable competitive advantages are no longer relevant, businesses warned

In today’s fast-paced, ever-changing world of business, a company’s competitive advantage is no longer a 'sure-thing', a globally-recognised strategy expert has warned. Speaking at the World...

Don’t fake it: what every business needs to know about customer reviews

The popularity of review sites has inevitably led to the unethical practice of false customer testimonials that create an unfair competitive advantage in the market.

How to build a peer support network

As a small business owner, you don’t always have the backup of formal social supports offered by larger employers. 

Dynamic Business: Have your say about what we write, and you read

2020 was a year of unprecedented challenge for business owners. Almost overnight, businesses of all sizes were scrambling to find new customers...

Dealing with financial stress

It is common for people working in business to be concerned with or stressed about their business finances at some point.

How Australian retailers are reimagining customer experience

The customer is always right is an adage that has been driving the way we do business for years. While the concept of...

Regional company pivots to manufacture COVID-19 face masks

As COVID-19 wreaked havoc nationally and demand for safety equipment grew, Victoria’s regional medical device manufacturer Care Essentials pivoted its focus to...

Greater Sydney NYE restrictions tightened

NSW Premier Gladys Berejiklian has announced a further tightening of COVID-19 restrictions for NYE as 18 new community transmissions are detected overnight.

Leverage crypto traders lose over $US13 billion in 2020

Data from cryptocurrency trading simulator Crypto Parrot has found that cryptocurrency traders on Bitfinex and BitMEX lost $US13.47 billion in 2020.

US House approves $US2,000 checks in COVID-19 stimulus bill

The US House of Representatives has approved increasing COVID-19 stimulus checks from $US600 to $US2,000, however it is still uncertain whether these...