How do business proprietors increase the market share for businesses?

[Stardom22]

I think it's evidently that similar businesses share the market in a specific geographical area. There are businesses that boast the bigger share of the cake while others starve with only small fractions of the cake. So what are the tips for business to increase the market shares for the Businesses?

 

[Augusta]

it is to ensure that your product stays relevant and updated with the latest technology and trends. If you can incorporate new technology before competitors, you could further increase your market share.