What's a Competitive Analysis and How Can It Strengthen Your Marketing Strategy?

Posted by RossKimbarovsky under Marketing
From https://www.crowdspring.com 1309 days ago
Made Hot by: jonasg on April 22, 2021 2:30 pm

A competitive analysis is an assessment of your key competitors' strengths and weaknesses and a strategy to identify opportunities and threats that can help you outperform those competitors. Here's how a competitive analysis can improve your marketing.

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Comments

Written by lyceum
1308 days ago

Ross: I am pulling your leg and bit, and play the devil's advocate. Of course I have so called "competition", or substitutes for my services as a new media advisor! ;) But I don't think of them as competitors, per se.

All the Best,

Martin

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Written by lyceum
1308 days ago

Ross: What should you do, if you "don't have" any competitors? ;)

Best Premises,

Martin

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Written by RossKimbarovsky
1308 days ago

You should be concerned. That would mean either the market you're in is too small to be of interest to others, or you're trying to create a brand new market (which is very difficult to do). Most entrepreneurs deceive themselves if they think they have no competition.

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