What is your process of conducting competitor analysis?
What is your process of conducting competitor analysis?
Determine who your competitors are. Determine what products your competitors offer. Research your competitors sales tactics and results. Take a look at your competitors' pricing, as well as any perks they offer.
Choose your Top Competitors
Describe Each Competitor
Describe Their Competitive Offering
Summarize Their Online Presence
List Their Strengths
List Their Weaknesses
Identify Your Opportunities
Identify Threats
Determine who your competitors are. Determine what products your competitors offer. Research your competitors sales tactics and results. Take a look at your competitors' pricing, as well as any perks they offer.
Identify your competitors. ...
Examine your competitor's website & customer experience. ...
Identify your competitor's market positioning. ...
Take a peek at pricing. ...
Problem solve for shipping. ...
Take a temperature check with reviews. ...
Review social media.
We take you through what a competitive analysis is, how to do one, and how to get all the data in order. Definition: A competitive analysis is the process of categorizing and evaluating your competitors to understand their strengths and weaknesses in comparison to your own. In other words, it's not a complicated idea.
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