In two to three sentences, explain how you will address each area of competition to make your business successful against this competitor.

First, I will focus on lowering prices. I will do this by making sure my costs to run the business are low, and I will start by running the shop myself. I will create a better product by using healthier, better ingredients to attract more customers. Finally, I will be innovative by offering ingredients that aren't sold anywhere else.

Direct, indirect, and replacement competitors are the three main types of rivals.

Direct competitors are the most easily identifiable form of a competitor, whereas replacement competitors might be the most difficult to spot.

Steps to make your business successful against the competitor:

For more information about business successful against the competitor refer to the link:

link