Monday, November 30, 2009

Competition

The industry Tailored Solutions competes for new customers. But it is rare for existing customers to leave the company. The reason for this is because once customers have found a financial advisor they trust and believe in they will not go searching for new one. The three companies that tailored soultions competes with for new customers are Alan Boswell Group, Carlton Independent financial advisors and smith and pinching. Where tailored soultions has an advantage is they are a small family run company. We hope to offer clients more one to one meetings as we do not have as many clients as the other organizations. Do you think this is a good way to compete with bigger firms?

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