It is crucial that business people grasp the competitive advantage of their firm and how to position themselves best in heavily saturated markets when it comes to running and managing a profitable business in an ever-reduced business sector.
How can technology companies ensure their competitive advantage plans to enable them to achieve sustainable growth rather than just short-term profitability? It can never be adequate to only leverage creative technology alone since technology developments always change and progress day by day.
Use technology to address community gaps
Community Technology is a means not just to uplift his home place in the Pacific, for George Siosi Samuels, creator of Honā, managing director of Faiā, and co-founder of the Pack.
Samuels is well-known for its ancestors as ‘wayfinders,’ who are exploring new areas of the ever expansion of the digital ocean similarly to bridging barriers between communities and technology. Samuels is a respected leader in the field.
He has all created the ways to link gaps between the communities and technology. They all match his ultimate aim. Specifically, with Faiā, Samuels assists organizations, via a sophisticated understanding of culture and community, to enhance technology adoption. They also have a profound understanding (for example, Bitcoin SV) of blockchain technology so that difficult subjects can be translated into more simple language.
“I feel there is a wealth of promise in the Pacific and I sincerely hope that I can contribute to connecting the ways in which the Pacific countries will leverage future digital economies, eliminating the need for foreign aid and support. Moreover, employ affluence to safeguard your lands, harness your oceans, and balance power.”
As Samuels is passionately interested in the convergence of communities and technology, Honā will focus largely on developing a productivity-loving community of users who also want to be integral, both personally and professionally.
While technology integration into society is a major difficulty in small island countries like Tuvalu and other poor countries, this continues to constitute a significant cause for Samuels to be explored and integrated.
Take advantage of the profitable e-commerce area with solid business understanding and vigorous systems
The extensive knowledge of the business and solid processes and methods are the major competitive advantage strategy that they use to remain at the forefront of their industry for Jason Kwan, Chairman of the Amazon mergers and purchasing company, Pearl West Group.
Kwan adds that her 3 years in the Amazon region have been her clandestine weapon, with her expertise and her grasp of the issues and development. “We absolutely know what an Amazon third-party seller is undergoing as we’ve been on the same trip. We made, learned from, and had the scars to prove that a bunch of errors. We experienced the same difficulty as every seller from Amazon, from the suspension of account to attacks with black hats, and comprehending all the shades of difficulties.”
The Pearl West Group has released several products from its brands and is in a position to connect directly and effectively with other merchants since they understand the game. “We began owning these types of enterprises as owners and we have a good record for proving it,” Kwan explains.