The only way to gain competitive advantage within an industry is to use a competitive strategy.

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While using a competitive strategy can certainly contribute to gaining a competitive advantage, there are other ways that a company can differentiate itself and stand out within its industry. For example, developing a unique product or service, offering exceptional customer service, and creating a strong brand identity can all give a company a competitive edge. Additionally, factors such as market timing, technological innovation, and partnerships can also play a role in helping a company succeed within an industry.

The Only Way to Gain Competitive Advantage Within an Industry