What is the meaning of competitive analysis?

[juliaalan]

What is the meaning of competitive analysis?


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[GeethaN]

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

[virtuahub]

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.

[shimar456]

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

[jayam]

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

[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]

Identify your competitors. ...
Gather information about your main competitors. ...
Analyze the competition's strengths and weaknesses. ...
Talk to your competitors directly. ...
Identify your competitive advantage.

[shimarhussain12]

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