How can customers be maintained in the face of competitors entering the market?

BY OFFERING GOOD CUSTOMER SERVICE SUCH AS GREETING THEM WITH CHEERFUL FACE. ENQUIRE WITH THEM BY SAYING WHAT CAN I DO FOR YOU SIR AND ATTENDING TO HIS WORK AND SATISFYING ALL HIS QUERIES

Custmer is very important to marketing seat so I am respected and to give approaching and to give good treating face

In a high competitive business world, in the face of many competitors entering the market, the best ways to maintain your customers is to provide them with the best services and treatment that is care and most importantly to know the customers taste at the right time. These will attract them no matter where you are located because they know they will get their respect and also will leave with what they plan for since you already know what to provide for them at the right time. Secondly is to make the price rate standard not extremely low at your deficit but at a rate that will keep their minds settle and satisfy. This can even be by providing them bonuses which will motivate them to buy more and that also increases the turnover rate of your business thus getting off the competitors. Also, you can maintain your customers by giving to them the best qualities and making them to know any change in any product that they need to know. This will give confidence in your customers heart that they will always keep coming not looking at your competitors with similar products. Thanks. That's the little I can say for now.

A number of ways. Increased marketing, a better product, better customer service, more competitive prices etc., I would suggest doing some research on Game Theory. It will answer your question very well. But in a butshell, you basically have to offer a superior product or service, or a better price.