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MVMInfotech
04-16-2019, 11:57 PM
Can you tell us why do you take a competitive analysis?

thaichacha
04-17-2019, 12:08 AM
competitive analysis is a critical part of your company marketing plan. This analysis in marketing and strategic management is an assessment of the strengths and weaknesses of the current and potential competitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats.

Neo_5678
04-17-2019, 01:53 AM
The purpose of the competitive analysis is to determine the strengths and weaknesses of the competitors within your market, strategies that will provide you with a distinct advantage, the barriers that can be developed in order to prevent competition from entering your market, and any weaknesses that can be exploited.

ametuniversity
04-17-2019, 02:24 AM
A competitive analysis is crucial to the research and planning phases of any ... business you need a thorough competitive analysis because it will help: Understand how your customers and potential customers use and rate the competition