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6 Ways To Win By Creative Partnering With Competitors

Startup Professionals Musings

As small companies, neither startup could afford to extend their product alone, but through creative leadership, we were able to negotiate a win-win strategic partnership for a joint product. It’s very unusual for two competitors to have exactly the same strengths – in development, marketing, distribution, or customer support.

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Startups Must Embrace Coopetition For Rapid Growth

Startup Professionals Musings

As small companies, neither startup could afford to extend their product alone, but through creative leadership, we were able to negotiate a win-win strategic partnership for a joint product. It’s very unusual for two competitors to have exactly the same strengths – in development, marketing, distribution, or customer support.

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7 Reasons Smart Startups Establish 'Coopetition'

Startup Professionals Musings

Similar startups, with competing products, almost always have overlapping areas, which cost money to develop and annoy customers with a new learning curve. Every smart startup starts with a focus on a unique advantage, such as owning a distribution channel. It leads to referral agreements and affiliate marketing.