increase their competitive advantage

USAGE SUMMARY

'increase their competitive advantage' is a correct and usable phrase in written English.
You can use it in business contexts, or when talking about companies or organizations competing with each other. For example, "The company brought in a new consultant to help them increase their competitive advantage in the industry."

✓ Grammatically correct

Formal & Business

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

Service Providers are constantly searching for means to reduce costs, generate new revenue streams and thus increase their competitive advantage.

Optical Switching and Networking

Additionally, by specialising in a particular stage of production, these firms develop focused innovational capabilities that further increase their competitive advantage in offering higher quality differentiated services.

The Economist

For retailers, the message is clear: if they want to maintain or increase their competitive advantage, they must begin establishing learning relationships with their best customers today.

Harvard Business Review

As data-opolies expand their platforms to digital personal assistants, the Internet of Things, and smart technologies, the concern is that their data advantage will increase their competitive advantage and market power.

Harvard Business Review

And they can even increase their competitive advantage by expanding into new verticals.

Forbes

By creating a more diverse workplace, employers can increase their competitive advantage and attract new customers.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

But the move to the cloud isn't just about schools trying to meet the digital demand, it's also about increasing their competitive advantage.

Forbes

Big name brands like Albertson's and Kellogg's will tap into startups to meet consumer needs and less mature companies will merge to increase their capabilities and their competitive advantages.

Forbes

"That's their competitive advantage".

Forbes

Such pacts can also help the poorer countries build on their competitive advantages, and increase their political commitment to an open economy, he said.

The New York Times

For farmers and horticultural growers, as for entrepreneurs in general, innovation is widely recognized as an important strategic tool to increase the competitive advantage of their companies (Diederen et al. 2003; Gellynck et al. 2007; Knudson et al. 2004), resulting in a better financial as well as sustainability performance (Bos-Brouwers 2010; Gronum et al. 2012).

Agricultural and Food Economics

Expert writing Tips

Best practice

When aiming to "increase their competitive advantage", prioritize innovative strategies that set your company apart, rather than merely copying industry standards.

Common error

A common mistake is trying to "increase their competitive advantage" by simply replicating what competitors do. True advantage comes from offering unique value that others can't easily match.

Linguistic Context

The phrase "increase their competitive advantage" functions as a verbal phrase that describes an action taken to improve a company's position relative to its competitors. Ludwig AI confirms that the expression is both correct and usable in English.

Expression frequency: Uncommon

Frequent in

News & Media

37%

Formal & Business

31%

Science

31%

Less common in

Academia

1%

Reference

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "increase their competitive advantage" is a correct and usable expression, typically found in business, news, and academic contexts. As Ludwig AI points out, it effectively describes actions taken by companies to outperform competitors. While grammatically sound, its frequency is classified as uncommon, suggesting that while understood, other phrasings may sometimes be preferred. Alternatives such as "enhance their competitive edge" or "improve their market position" can provide nuanced variations. A key takeaway is to ensure strategies aimed at increasing competitive advantage focus on differentiation rather than mere replication of competitor tactics.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

enhance their competitive edge

Replaces "advantage" with "edge", implying a slight intensification of the competitive benefit.

improve their market position

Focuses on the outcome of gaining a competitive advantage, which is a better standing in the market.

strengthen their competitive standing

Substitutes "increase" with "strengthen", emphasizing reinforcement of their current position.

gain a competitive lead

Shifts the focus to achieving a leading position through competitive means.

boost their competitive strength

Uses "boost" instead of "increase", suggesting a rapid enhancement of their competitive abilities.

expand their competitive capabilities

Highlights the development and broadening of resources that contribute to competitive success.

bolster their competitive prowess

Replaces common terms with more forceful synonyms, stressing a refined skill in competition.

sharpen their competitive focus

Suggests refining strategic efforts to amplify competitive efficacy.

fortify their market dominance

Emphasizes building up defensive and offensive positions in the market.

amplify their business advantages

Broadens the term to include a range of business-related benefits, not solely competitive ones.

FAQs

How can I use "increase their competitive advantage" in a sentence?

You can use "increase their competitive advantage" to describe strategies companies use to outperform their rivals. For example: "Service providers are constantly searching for means to reduce costs, generate new revenue streams and thus "increase their competitive advantage"."

What are some alternatives to saying "increase their competitive advantage"?

Some alternatives to "increase their competitive advantage" include "enhance their competitive edge", "improve their market position", or "strengthen their competitive standing" depending on the specific context.

What does it mean to "increase their competitive advantage"?

To "increase their competitive advantage" means to enhance a company's or organization's ability to outperform its rivals in the market. This can involve strategies such as innovation, cost reduction, or improved customer service.

What is the role of data analysis in helping companies "increase their competitive advantage"?

Data analysis can play a crucial role in helping companies "increase their competitive advantage" by providing insights into market trends, customer behavior, and operational efficiency, allowing them to make more informed decisions.