The phrase "affluent competitors" is correct and usable in written English.
It can be used to describe competitors in a market or industry that have significant wealth or resources, often impacting their ability to compete effectively.
Example: "In the luxury goods market, affluent competitors often dominate due to their extensive marketing budgets and brand recognition."
Alternatives: "wealthy rivals" or "prosperous competitors".
Initially derided by its more affluent competitors as "the Chicken Noodle Network" because of its comparatively meagre financial resources, CNN endured an arduous struggle to earn respect in the broadcast world.
The New York City-based jeweler has not been hurt by the economic conditions afflicting less affluent competitors.
Trapp notes that the fact that "100 grandiose history paintings [were included] in itself proclaimed a munificent government patronage", for aside from a few affluent competitors like Géricault, only those favoured by a major commission could afford the outlay of time, energy and money necessary for undertakings of this kind.
WCNC's audience is better educated and more affluent than its competitors' audience.
In March, in a departure from years of "me too" marketing that emulated American Express and Visa, Mastercard started pitching its advertising toward Middle America and away from the affluent professionals depicted in its competitors' marketing.
"I am everything people never saw in this sport," Ms Harris told the magazine, adding that the high costs of road racing were a barrier, and most of her competitors were young, affluent white men.
The chain continues to distinguish itself from competitors and attracts more affluent shoppers than most discounters, analysts say, by focusing on stocking a number of trendy items popular with consumers.
He said competitors offering similar mortgages to affluent self-employed people include City National Bank in Los Angeles, First Republic Bank and Union Bank in San Francisco, and Wall Street giants JPMorgan Chase & Co. and HSBC Holdings Inc. .
Another reason, some consumer advocates suggest, is that State Farm might be reluctant to raise rates on affluent customers who might turn to a competitor for not only auto insurance but also for their non-auto insurance needs.
For example, research that American Express conducted on one core segment, affluent business travelers, revealed that rewards offered by competitors were one of the major reasons why customers were defecting.
They also say that Nielsen found the network has a higher "composition" of affluent, educated, professional or managerial viewers than their competitors.
