What is the meaning of competitive analysis?

[Kailash]

What is the meaning of competitive analysis?

[Pihu]

A 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.

[SKS]

Competitive analysis means to define marketing plans and discover new strategies for the business. It is a very important part of any organization. It is also about to know what your competitors are doing and how you will do something different and creative to be on top of them.

[godwin]

Competitive analysis is the process of using competitive intelligence to analyze the strengths and weaknesses of a company's marketplace competitors. All information gathered in competitive intelligence is obtained legally and ethically and is taken from information available to the public.

[jayam]

Competitive analysis is the process of using competitive intelligence to analyze the strengths and weaknesses of a company's marketplace competitors. All information gathered in competitive intelligence is obtained legally and ethically and is taken from information available to the public

[jayammrg]

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

[chandrao7]

Free Competitive Analysis Template. ...
Step 1: List Your Competitors. ...
Step 2: Write a Brief Overview. ...
Step 3: Know Their Target Customers. ...
Step 4: List Their Pricing. ...
Step 5: Itemize Their Marketing Strategy. ...
Step 6: Identify Their Competitive Advantage.

[davidweb09]

To view competitors website backlinks, content & marketing strategy is a part of competitive analysis. https://scvfs.com/

[swaroop23]

Competitive analysis is the process of using competitive intelligence to analyze the strengths and weaknesses of a company's marketplace competitors. All information gathered in competitive intelligence is obtained legally and ethically and is taken from information available to the public.

[GeethaN]

A competitive analysis is the process of categorizing and evaluating your competitors to understand their strengths and weaknesses in comparison to your own.