What is the meaning of competitive analysis?
What is the meaning of competitive analysis?
Similar to SWOT analysis, competitive analysis is the process of analyzing your business competitors strength, weakness, opportunities and threats.
A competitive analysis is a critical part of your company marketing plan. With this evaluation, you can establish what makes your product or service unique--and therefore what attributes you play up in order to attract your target market.
Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats. Profiling coalesces all of the relevant sources of competitor analysis into one framework in the support of efficient and effective strategy formulation, implementation, monitoring and adjustment.
█ Cheap VPS | $1 VPS Hosting
█ Windows VPS Hosting | Windows with Remote Desktop
█ Cheap Dedicated Server | Free IPMI Setup
A competitive analysis is a critical part of your company marketing plan. With this evaluation, you can establish what makes your product or service unique--and therefore what attributes you play up in order to attract your target market.
competitive analysis is the process of analyzing your competitor back links,keywords
|
Bookmarks