Rising Competition in Vega Industries

Rising Competition in Vega Industries

June 26, 2022 Research & News 0

Without competition, there is no advancement

Competition reduces your market share and client base, especially if for your products or services is restricted from the beginning.The more rivals attempting to sell you food or personal hygiene goods, the more alternatives you’ll have. The market rivalry will drive them to upgrade their services in order to fulfill the customers’ needs and wants.

“Never ever compete on price, instead of service and innovation,” says Jack Ma. The Samsara Vegetarian Frozen Food Company follows Jack Ma’s words because the company is always thinking about new products such as Oyster Sauce, Natural Cheese, Curry Puff, Stuffed Tofu, and Crispy Vegetarian Chicken. The company always focuses on the needs and desires of the customers before improving their product based on customer feedback.

When I interviewed the CEO Mr. Gunasegaran of Samsara Vegetarian Food, he said, “when it comes to competition, it’s not just about pricing. In reality, this means a wider range of products and the development of new services. Companies are encouraged to market their products and distinguish themselves from their competitors by focusing on innovatingand quality” he explained.             The chairman of Samsara is confident in their product quality and distribution service. They’ve demonstrated that their products are HALAL- certified and recognized by a variety of different institutions, including GMP, HACCP, MESTI, and ISO. The buyer can purchase their goods and truly appreciate the taste of their product, which was created using plant-based ingredients such as mushroom, seaweed, and soy.

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