What is competitor analysis?

Discussion in 'SEO and Marketing' started by evargro, May 20, 2019.

Share This Page

  1. evargro

    evargro Active Member

    Joined:
    Jan 21, 2019
    Messages:
    78
    Likes Received:
    0
    What is competitor analysis?
     
  2. sinelogixtech

    sinelogixtech Senior Member

    Joined:
    Mar 21, 2017
    Messages:
    329
    Likes Received:
    6
    Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats. Profiling combines all of the relevant sources of competitor analysis into one framework in the support of efficient and effective strategy formulation, implementation, monitoring, and adjustment.
     
  3. saravanan

    saravanan Active Member

    Joined:
    Nov 19, 2018
    Messages:
    276
    Likes Received:
    3
    Competitive analysis is the process of gathering and analyzing for your competitors, their practices, products strengths and weakness for marketing strategies.
     
  4. ShoppingSwag

    ShoppingSwag Member

    Joined:
    May 30, 2019
    Messages:
    43
    Likes Received:
    0
    dentifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or service