Some of the threats that you are likely going to face are the mature markets with long years of experience behind, the bad economy and economy downturn, etc.
But don’t lose your fighting spirit. You are there to stay against all odds! So roll your sleeves and start building a good strategy that will get you and keep you on the top!
Work on gaining big industry experience and solid reputation. Also work on:
- Honesty;
- Good network;
- Trust;
- Direct access to ports;
- Supply chain;
- Size and cost advantages for clients;
- Excellent relationship management;
- Strong management and operations;
- Transportation network serves;
- Customer loyalty and
- Building s strong reputation among domestic and international industry players.
All those things will help you gain a leading place in the logistic business and improve the overall standing point.
5. Identify Your Competitive Advantage (Stand out of the Crowd)
If you want customers to come to you instead of your competition, then you will have a full hands work.
