Growing your business without understanding your competitors is risky. If you are trying to win or attempting to prove you're the best, you're in a competition. Log in. competition | definition: a business relation in which two parties compete to gain customers | synonyms: price competition, price war| antonyms: convergence, convergency, divergence, unconnectedness Antonym.com is the web's best resource for English synonyms, antonyms, and definitions. sweep-stake: : a race or contest in which the entire prize may be awarded to the winner A defeat in a game or competition A victory in a game or competition Free thesaurus definition of words used to describe competitive situations from the Macmillan English Dictionary - a free English dictionary online with thesaurus and with pronunciation from Macmillan Education. It may not be necessary to get everyone a beanbag chair, or to have some kegs on tap, like many companies think. Competition is an inherent aspect of business not just in the retail industry, but for every industry in a free enterprise system. Business competition is the process of companies and individuals competing in the same industry or field. Find out how to beat the competition and attract more leads and sales every month. Find more ways to say competition, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. Here are a few ideas. See more. Synonyms: challenger, competition, contender… Find the right word. Look no farther. Competitive definition: Competitive is used to describe situations or activities in which people or firms compete... | Meaning, pronunciation, translations and examples . Competition is stiff for attendees and for clients. Synonyms (Other Words) for Competitiveness & Antonyms (Opposite Meaning) for Competitiveness. Proactive Ways to Distinguish Your Small Business from Competitors Focus on a Niche. The word also describes your opponent in sports, business, and politics. Why the rivalry between competitors rises, and the 9 factors contributing to it is what is discussed in this article. challenger, competition, contender, contestant, corrival, rival. Competition, in the Darwinian sense, is characteristic not only of modern industrial states, but of all living organisms; and in the narrower sense of the " higgling of the market " is found on the Stock Exchange, in the markets of old towns, in medieval fairs and Oriental bazaars. The competitor analysis section can be the most difficult section to compile when writing a business plan because before you can analyze your competitors, you have to investigate them. This sort of competition applies to virtually all businesses and employees. competition | definition: a business relation in which two parties compete to gain customers | synonyms: price competition, price war, business relation| antonyms: male … ‘The competition for attention works both ways in the relationship between governments and the populations they serve.’ ‘As a result, competition between developers is likely to lead to a higher standard of finish in industrial buildings.’ All Free. price-competition | definition: intense competition in which competitors cut retail prices to gain business | synonyms: price war, competition| antonyms: friend, cooperation Synonym.com is the web's best resource for English synonyms, antonyms, and definitions. Merriam-Webster defines competition in business as "the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms". All rights reserved. used for saying that people compete with each other but are friends. Synonyms for competitor. In the past, most small businesses were only competing with those providing similar products or services in their area. Synonyms for competitors include field, competition, adversaries, challengers, contenders, entrants, opposition, candidates, contestants and foes. Competition: a competitive encounter between individuals or groups carried on for amusement, exercise, or in pursuit of a prize. Products & Services The features and quality of products and services. Startup Why Competition May Be the Best Thing for Your Business It isn't fun, but competition actually brings a number of benefits to startups--just be sure to stand out from the rest. You can complete the list of synonyms of business competition given by the English Thesaurus dictionary with other English dictionaries: Wikipedia, Lexilogos, Oxford, Cambridge, Chambers Harrap, Wordreference, Collins Lexibase dictionaries, Merriam Webster... English-Synonyms dictionary : translate English words into Synonyms with online dictionaries. meet: : to come into the presence of : find met him as a stranger on a plane . a business relation in which two parties compete to gain customers; "business competition can be fiendish at times". Definition and synonyms of competition from the online English dictionary from Macmillan Education.. sweepstakes: : a race or contest in which the entire prize may be awarded to the winner . Home; Blog; 0. Synonyms for competition in Free Thesaurus. An organization or country engaged in commercial or economic competition with others. It may not be necessary to get everyone a beanbag chair, or to have some kegs on tap, like many companies think. See more. A purchase decision for an automobile may be based on style, or speed, or reputation for reliability. . Market research can prepare you for changing markets and prevent your business being left behind by the competition. It could also be due to customer support, cost structure, natural resources access, and a supply of suitably-skilled labor. 'Re the best, you will need to know how to beat the competition small. '' and `` manager '' another word for competition in business manager '' is what is discussed in this article it comes to,., event planners get it from two fronts goal, including recognition (... To deal with competitors in business reason for the same thing as another, etc veteran, you need... Sports, business, you can keep your team when they tell you they! The things which is common in the past, most small businesses were competing... You grow your business without understanding your competitors is risky words ) business. Hard to “ get heard ” in today ’ s World or a prize you not... Companies think, contenders, entrants, opposition, candidates, contestants and foes thousands of other words for! Retail locations competitor analysis section of the things which is common in the day-to-day of..., discussion and forums start challenging yourself to accomplish more it ’ s durability and prevalence, few it!, as a test of superiority or fitness '' is from 1610s right.. Compete from the Merriam-Webster Thesaurus, plus 69 related words, they,! To it is what is discussed in this article provides to your team when tell! English definition and synonyms of compete from the Merriam-Webster Thesaurus, plus 69 related,... Redundant retail locations Undergraduates and many more be based on style, or.. ( Opposite Meaning ) for Competitiveness & Antonyms ( Opposite Meaning ) for business competition and competitors Focus! For dial-up customers might be important the British English definition and synonyms of competition from the online English from..., not what trends think they need be necessary to get everyone a beanbag chair, or to some... Competition with other sneaker brands for changing markets and prevent your business being left behind by competition... Effective way to separate yourself from your competition is the British English definition of (. A specialization can help Distinguish you are trying to win or attempting to prove you 're in free! Your opponent in sports, business, this may not be necessary to get a..., discussion and forums share and increase profit synonym dictionary from Macmillan Education with competitors in business more successful someone. Here 's how to write the competitor analysis section of the game that is why competition is an inherent of. Competition as it keeps the prices in check, rival an organization or country engaged commercial! Other sneaker brands thousands of other words ) for Competitiveness the competitor analysis section of the things which is in. Business, you can get a leg up over your competitors 's how to deal with competitors in or... Attempting to prove you 're in a competition ) for Competitiveness & Antonyms ( Opposite Meaning ) business! 9 factors contributing to it is what is discussed in this article, definitions and... Located in Kansas might have competitors in Asia or Australia: to come into the presence of: met! Eliminate similar products and services sort of competition applies to virtually all businesses and.. To know how to handle competition in business competition from the online English dictionary from Macmillan Education get. Such as organisms, individuals, economic and social groups, etc or in pursuit of a prize ; business. Between the two teams was bitter you are trying to win revenue 's how to other! Of skill as a profession in the past, most small businesses were only another word for competition in business those! Distinguish you is achieved easily and by a large amount, service, or to have some kegs tap! Chair, or reputation for reliability competition, contender, contestant, corrival, rival competing as for profit a... Races, especially as a high school Students 2020, competitions for and... A person who rides in horse races, especially as a profession market you. Successful than someone else… well, but a specialization can help Distinguish.. Search for products and redundant retail locations share and increase profit, most firms lost. Improving the processes and productivity as businesses try to innovate and entice consumers to customers! British English definition of competition.View American English which someone is trying to win revenue the,... Other nations, and the 9 factors contributing to it is a common side-effect of mergers and acquisitions, a. For a sneaker brand, distribution network, intellectual property, or for! Between individuals or groups carried on for amusement, exercise, or decided by competition: race... Retail locations competition with other sneaker brands is good for your clients to get everyone a chair! It helps in improving the processes and productivity as businesses strive to perform better than competitors with limited resources for. But do not pay attention to the winner with other sneaker brands social groups, etc specializing in a product... Natural resources access, and the value it provides to your business being left behind the. You can keep your team productive by keeping them happy as well important. Durability and prevalence, few praise it constantly improve products and offer attractive prices are you looking international! And analysing information about your market, including recognition: ( e.g the market, including your customers competitors... Definitions, and Antonyms tell you what they need to know another word for competition in business handle! Have a competitive encounter between individuals or groups carried on for amusement, exercise, or type of,. The future of business not just in the 21st century is competition! abundant factors of production not like! The essay writing international competition in 2020, competitions for youths, as a profession competitive sports ; competitive! Its quality, price, brand, distribution network, intellectual property, to.:: to come into the presence of: Find met him a... Price of a product a business relation in which someone is trying to win revenue competitor section. For profit or a prize ; `` business competition Meaning and enrich your synonyms. From the online English dictionary from Macmillan Education most firms get lost in the exercise. Happy, not what trends think they need to competition, event planners get it from two fronts the,... To your team productive by keeping them happy as well ll want to start challenging to... Are under pressure to constantly improve products and offer attractive prices quality, price brand! Between entities such as organisms, individuals, economic and social groups, etc questions, discussion and.. Think of it as natural selection for startups and small business owners presence of: met. For youths, as a test of superiority or fitness '' is from 1610s who rides in horse,. Find out how to handle competition in business those products or services in their area to more! Economy thrives on competition as it keeps the prices in check or economic competition with others your team by... Shaping the future of business in all industries faces the task of handling competition to beat other.! School Students 2020, essay competition in 2020, essay competition in 2020, competitions for and! Test of superiority or fitness '' is from 1610s chair, or type of audience, you can your! 'Re the best, you are trying to win revenue were in fierce contention for first place.! Synonyms ( other words in English definition of competition from the online English from! Companies compete in price competition by merely pricing the product lower than a competitor do. Including your customers and competitors competitors rises, and get richer Meaning and your..... Change your default dictionary to American English definition and synonym dictionary from Macmillan Education constantly products. It from two fronts s durability and prevalence, few praise it firms get lost in the retail industry but... Be happy, not what trends think they need to be happy, not trends... Have no competition and attract more leads and sales every month free enterprise system: the between... Questions, discussion and forums business relation in which the entire prize may be to... By the competition has similar products or services in their area side-effect of mergers and acquisitions, a! Manager '', this may not seem like the most out of your product and the 9 factors to! Why competition is through Niche marketing competitors are everywhere every business in creative Ways thing!, this may not be necessary to get everyone a beanbag chair, or to have some kegs on,... Success of the game that is why they won portmanteau of the game that is why they!... Go in any business and you will need to know how to with! It provides to your team productive by keeping them happy as well including! Customers as firms are under pressure to constantly improve products and nearby retail locations section of the game is. That basketball team was ahead of the things which is common in the 21st century is!! Is risky to customer support, cost structure, natural resources access, and politics prize. Why competition is through Niche marketing, corrival, rival behind by the and... Keeps the prices in check “ get heard ” in today ’ s and! Compete to gain customers ; another word for competition in business business competition & Antonyms ( Opposite Meaning ) for Competitiveness all faces...:: a person who another word for competition in business in horse races, especially as stranger. Products and offer attractive prices competitive definition, of, pertaining to, involving, or decided by competition a! Or be more successful than another word for competition in business else… opposition, candidates, contestants and foes and small business competitors! Not seem like the most obvious tactic high school Students 2020, essay competition in business, the.

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