What is Competitive Analysis ?

Posted by Liz Seyi
14
Jul 13, 2021
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4 people like it
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Octopus Intelligence...
3

Octopus Competitive Intelligence

Competitive Analysis evaluates your competitors. To understand and compare them to your way of doing things. To know their current and future direction, how they do business, their strengths and weaknesses, why customers buy from them to increase your competitive advantage.


How competitor analysis is done

1: Set your analysis goals
2: Define your market
3: Create a list of your direct competitors
4: Conduct secondary and primary research
5: Analyse competitors
6: Summarise competitor product

Jul 13, 2021 Like it
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Mike Wilsonn
5

Content Writer

Competitor analysis is the process of evaluating your competitors' companies, products, and marketing strategies. To make your analysis truly useful, it's important to: Pick the right competitors to analyze. Know which aspects of your competitors' business are worth analyzing.

Oct 28, 2020 Like it
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Corporate Safety & S...
1

Corporate Safety & Security Services Ltd

It is detailed research of your competitor for a better understanding of the business along with pattern of business and target customer

Oct 9, 2020 Like it
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United Volleyball Cl...
2

Sports

A competitive analysis is the process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own business, product, and service.

Oct 8, 2020 Like it
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Tent Depot
6

Tent Depot

The Competitor Analysis is the process to compare the competitor website that is rank on SERP.

Oct 5, 2020 Like it
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Liz Seyi
14

Digital marketing manager

Thanks to all............

Oct 1, 2020 Like it
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Mason Olivia
10

Digital Marketer

A competitive analysis is a strategy where you identify major competitors and research their products, sales, and marketing strategies

Oct 1, 2020 Like it
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Display Solution
3

Display Solution

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.

Oct 1, 2020 Like it
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Liz Seyi
14

Digital marketing manager

Thanks to all............

Oct 1, 2020 Like it
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David Richard
6

SEO Expert

Best Way To Check your Competitors website health.

Oct 1, 2020 1 Like Like it
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Lisa Matthew
2

Roofing Contractors Tennessee

Competition analysis is a continuous process that includes identification of current and potential competitors. The concept provides for ongoing monitoring of actions undertaken by market rivals in all key aspects of their operation.

Oct 1, 2020 1 Like Like it
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Kanika Aggarwal
6

Real Estate

The Competitor Analysis is the process to compare the competitor website that is rank on SERP.

Sep 30, 2020 1 Like Like it
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Mary Spark
6

Home Improvement

A competitive analysis is a process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own business, product, and service.

Sep 30, 2020 1 Like Like it
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