Questions

What is Competitive Analysis ?

Asked by Liz Seyi, in Business

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Answers

Mary Spark Advanced  Home Improvement
A competitive analysis is a process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own business, product, and service.
Sep 30th 2020 00:39   
Kanika Aggarwal Advanced  Real Estate
The Competitor Analysis is the process to compare the competitor website that is rank on SERP.
Sep 30th 2020 02:49   
Lisa Matthew Freshman  Roofing Contractors Tennessee
Competition analysis is a continuous process that includes identification of current and potential competitors. The concept provides for ongoing monitoring of actions undertaken by market rivals in all key aspects of their operation.
Sep 30th 2020 21:45   
David Richard Advanced  SEO Expert
Best Way To Check your Competitors website health.
Sep 30th 2020 22:05   
Liz Seyi Magnate I  Digital marketing manager
Thanks to all............
Sep 30th 2020 23:25   
Display Solution Innovator  Display Solution
Identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or service. A competitive analysis is a critical part of your company marketing plan.
Oct 1st 2020 00:11   
Mason Olivia Committed  Digital Marketer
A competitive analysis is a strategy where you identify major competitors and research their products, sales, and marketing strategies
Oct 1st 2020 01:11   
Liz Seyi Magnate I  Digital marketing manager
Thanks to all............
Oct 1st 2020 01:57   
Tent Depot Advanced   Tent Depot
The Competitor Analysis is the process to compare the competitor website that is rank on SERP.
Oct 5th 2020 08:23   
United Volleyball Club Freshman  Sports
A competitive analysis is the process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own business, product, and service.
Oct 7th 2020 19:39   
Corporate Safety & Security Services Ltd Junior  Corporate Safety & Security Services Ltd
It is detailed research of your competitor for a better understanding of the business along with pattern of business and target customer
Oct 8th 2020 23:39   
Mike Wilsonn Advanced  Content Writer
Competitor analysis is the process of evaluating your competitors' companies, products, and marketing strategies. To make your analysis truly useful, it's important to: Pick the right competitors to analyze. Know which aspects of your competitors' business are worth analyzing.
Oct 28th 2020 02:24   
Octopus Intelligence Innovator  Octopus Competitive Intelligence
Competitive Analysis evaluates your competitors. To understand and compare them to your way of doing things. To know their current and future direction, how they do business, their strengths and weaknesses, why customers buy from them to increase your competitive advantage.


How competitor analysis is done

1: Set your analysis goals
2: Define your market
3: Create a list of your direct competitors
4: Conduct secondary and primary research
5: Analyse competitors
6: Summarise competitor product and market strategies
7: Compare and contrast competitors with your products
8: Maintain up to date competitive analysis
Jul 13th 2021 12:15   
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