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Further
Reading ...
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Learn How to Market Your eBusiness in Real Time: Dissect, Study, Emulate - Isaiah Hull
Everything you will ever need to know about internet marketing is plainly available to you everywhere you go on the internet. All you need to do is dissect, study, and emulate these methods and you invariably will become just as successful as the...
Are You Building on Sand or Rock? - Holly Cotter
In Matthew 7:26 of the bible, Jesus teaches that a foolish man builds his house on the sand while a wise man builds his house on a rock. When the rains and winds come, the house on the sand crumbles, but the house on the rock perseveres. The same...
Did you know that there is FORMALDAHYDE in baby shampoo? - Becky Miller
Don't believe me? Check the label, it's called Quaternium 15. You can use higher quality products that are safer for your family and the environment. If you fall in love with these products, like I have and want to stay home with your kids, like I...
NASD Brokerage Commissions - William Cate
NASD Brokerage Commissions By William Cate Published June 2001 To contact the author: Visit the Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/]...
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Ethical Competition with Grace and Good Sense
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Written By:
Kate Smalley
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Using Grace and Good Sense for Ethical Competition
While all companies have the right to do business; this does frequently present a question with regards to ethical behavior when it comes to competition.
How much should you trust the "other" guy? How much should you tell the "big" guy? How far apart should you really set yourself?
Sure, you can always answer the questions of your competitors, but how much information is enough, and how much is too much? There is a difference between working with integrity, and simply handing all of your “secrets” over to the competition.
These are things you will need to ask yourself every time another competing businessperson or person in a similar industry approaches you with questions with regards to your services, rates, and other business-related information. How much should your competition really know about you?
There are some points that you can politely and professionally decline to give away, but you must have enough integrity to not seek the same information from the competitor to whom you have previously denied your own information. These points include:
Your rates - how you develop your rates is your business, and allowing the competition to know how to calculate rates will lose you an important advantage.
Where you get your sales - you have worked hard to develop your customer base. You needn’t provide your competitors a free ride.
Try to maintain an understanding with your competition that neither you, nor they will badmouth each other, should a customer "switch sides." You can establish this policy by simply creating an example.
Make certain that your competition - continued below ...
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continued ...
does not ask your friends and associates who your customer are, so that they can hone in on your existing business.
While making sure that you’re not being copied, you should also be original and join your own committees that you feel will be beneficial to you. You want to develop your own purposes and interests, not those of your competitor.
Make certain that other companies do not take your slogan and modify it slightly for their own use - and don’t do this yourself. At most, use other slogans for inspiration.
Watch the copyright on your ads. Your ads should not be copied close to word-for-word, and you should not copy the ads of others'.
Don't feel the need to associate with the competition after meetings. Your competition may simply be honing in on your sales opportunities. Work the room equally, so that nobody is taking advantage of your friendliness.
While you don't need to take the attitude that the business world is a war ground, you should also make certain that nobody is taking advantage of your knowledge, integrity and hard work. Remember that it is a small world. We are all judged on the way in which we speak about others, how we compete, and our feelings towards others. Be professional and work with grace at all times, and you will never need to concern yourself with ethics in your business.
About the Author
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Copyright 2004
Kate Smalley, President
Connecticut Secretary
Specializing in Transcription and Freelance
Secretarial Services
http://www.connecticutsecretary.com
kms@connecticutsecretary.com
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| _Additional Resources ... |
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How We Created a Thriving Online Business - Scott Rauvers
Six months ago, as our first job experience after graduating from college, my best friend and I started an online music store. That made us immediately stand out from the crowd. We haven't started advertising yet, online or elsewhere. We had no...
A 20-Point Checklist for New Home Businesses - Angela Wu
You're eager to start your home business and bring in some extra income. Although you're probably bursting with ideas and enthusiasm and want to jump right in, take some time to plan and prepare for your new venture. Here's a simple checklist...
Bad Credit Loans - How to Get Credit Online - www 24Hourfinance co uk
Bad Credit Loans - How to Get Credit Online 24Hourfinance.co.uk is a leading financial portal enabling UK consumers to find and compare loans, credit cards, mortgages, bank accounts and obtain cheap insurance quotes. Consumers can apply for finance...
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