What Is The Meaning Of Competitive Analysis?

[warrantyau]

What Is The Meaning Of Competitive Analysis?

[dennis123]

Hi Friends,

Competitive analysis is the research you do in order to dissect, learn more about and asses the strengths and weaknesses of your competitors. It can help you be on top of the game and gain a competitive advantage in your industry.

1. Identify your competitors
2. Know the Objectives
3. Narrow down evaluation areas
4. Identify your stakeholders
5. Pick your data sources with care
6. Fill in the information in templates
7. Publish your research

[ritesh3592]

Competitive Analysis is identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or service.

[Neo_5678]

competition analysis is the process of evaluating how the top rankings fare when it comes to the most important SEO factors, including their use of specific keywords. The goal is to get a panoramic view of what you're up against and where your opportunities are.

[nick0201]

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's marketing plan.

[dombowkett]

Competitive Analysis is to check quality of their website backlinks, content & SEO strategies.

[Saravanan28]

Competitive analysis is the process of gathering and analyzing for your competitors, their practices, products strengths and weakness for marketing strategies.

[SKPglobal]

Strategic technique used to evaluate outside competitors. The analysis seeks to identify weaknesses and strengths that a company's competitors may have, and then use that information to improve efforts within the company. An effective analysis will first obtain important information from competitors and then based on this information predict how the competitor will react under certain circumstances.

[sophiawils59]

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

[jayam]

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.