Why you do competitive analysis?

[brandmedia]

Why you do competitive analysis?

[dennis123]

Competitive analysis or competitive research is a field of strategic research that specializes in the collection and review of information about rival firms. It''s an essential tactic for finding out what your competitors are doing and what kind of threat they present to your financial well-being.

[yuva12]

A competitive analysis is a research (usually online) made in order to better understand the competitive landscape and estimate opportunities, weaknesses, threats and strengthens of competing industry players, to optimize future business activities and utilizations (marketing, product, sales or alike)

[RH-Calvin]

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.

[vinukum]

Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.

[Saravanan28]

A good competitive analysis is the one which is thorough and provides all the necessary information you can use to develop a competitive advantage.

[sarita670]

Its Important to do Competitor analysis to compare what strategies what competitors are implementing to increase their sales.

[sanmishra670]

To analyse what your competitor are implementing to get ranked.

[dombowkett]

Competitive analysis means to check the backlinks, content, SEO strategy, of your competitors.