2 Understanding competitors

2 Understanding competitors. Know ourselves and know yourself. Each Goblin must master the skills to understand business rivals, Friends management, the use of union information Armory query to competitors trumpet, scope of business, financial, and logout time information can be as a reasonable planning for after business competition. 3 industrial chain Industrial chain in the mainstream market are divided into three phases, namely, the collection of raw materials procurement, three aspects of the marketing of finished product inventory and market. A reasonable understanding of the industry chain of the industry as a whole that a follow-up operation of the market can provide effective data reference. Profit and sales The profitability of the business is based on two aspects of the sales and profits. And the profits can be seen directly, but sales were hidden deep. But often a lot of Goblin's eyes only see profits tend to believe that profits the higher the better, in fact, profit is a double-edged sword. Tend to want to improve the profitability of the overall increase profits, but it also brings the competitors. The vicious competition then we all know. So the profits and sales of fine eyes is a fish and bear's paw often in small places. But the clever goblins often find the balance point of the profits and sales. Making profit maximization, but these require time to balance. Requires a lot of experience and make a cost analysis to ultimately find a balance.