Some successful strategies used by automotive companies to stand out in the market include focusing on innovation, such as the development of electric vehicles and autonomous driving technology. Companies like Tesla have made a name for themselves by leading the charge in these areas. Other strategies include offering high-quality customer service, building a strong brand image, and focusing on specific market segments. For example, luxury car manufacturers like BMW and Mercedes-Benz focus on the high-end market segment and differentiate themselves through quality and prestige.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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