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    rceived as unique by the customer. Here are some possible strategies; one strategy is to extend your operating hours to accommodate parents who need to work late. You can also try o
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    With 10 daycare facilities in your neighbourhood, you need to adopt a strategy which you ensure that you stand out from the crowd and continue to operate a sustainable and profitable daycare. So what is the best strategy? The keyword is differentiation.

    For starters, you need to gather as much information as possible about your competitors; find how many daycare facilities are there within a 500 meters from you, know what are their charges, how many children they are caring for and what are the services that they are providing.

    With that in mind, think of how you intend to differentiate yourself from them. Sop what is differentiation? Differentiation is creating a product or providing a service that is perceived as unique by the customer. Here are some possible strategies; one strategy is to extend your operating hours to accommodate parents who need to work late. You can also try of

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    e daycare. So what is the best strategy? The keyword is differentiation.

    For starters, you need to gather as much information as possible about your competitors; find how many daycare facilities are there within a 500 meters from you, know what are their charges, how many children they are caring for and what are the services that they are providing.

    With that in mind, think of how you intend to differentiate yourself from them. Sop what is differentiation? Differentiation is creating a product or providing a service that is perceived as unique by the customer. Here are some possible strategies; one strategy is to extend your operating hours to accommodate parents who need to work late. You can also try o

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    daycare facilities are there within a 500 meters from you, know what are their charges, how many children they are caring for and what are the services that they are providing.

    With that in mind, think of how you intend to differentiate yourself from them. Sop what is differentiation? Differentiation is creating a product or providing a service that is perceived as unique by the customer. Here are some possible strategies; one strategy is to extend your operating hours to accommodate parents who need to work late. You can also try o

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    p>With that in mind, think of how you intend to differentiate yourself from them. Sop what is differentiation? Differentiation is creating a product or providing a service that is perceived as unique by the customer. Here are some possible strategies; one strategy is to extend your operating hours to accommodate parents who need to work late. You can also try o
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    rceived as unique by the customer. Here are some possible strategies; one strategy is to extend your operating hours to accommodate parents who need to work late. You can also try offering better quality meals, developing better quality curriculum or even providing a low caregiver to child ratio than required. All these are excellent strategies which will ensure that you stand out from your peers and if conducted successfully, it will greatly help to promote loyalty and assist in retaining your customers.

    For such strategies to be successful, it usually involves in a significant amount of cost; additional overheads for the hours extension and low child to caregiver ratio and additional operations cost to develop a curriculum and provide good quality meals. Whilst these strategies are well and good, it could be overwhelming for a new startup.

    So, what can a new startup do to insulate

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