To achieve and maintain a competitive advantage in reaching and selling to your target market, you must possess a thorough knowledge of your competition
A competitive analysis allows you to assess your competitor's strengths and weaknesses in your marketplace and implement effective strategies to improve your competitive advantage. This Business Builder will take you through a step-by-step process of competitive analysis, helping you to identify your competition, determine and weigh their attributes, assess their strengths and weaknesses, and uncover their objectives and strategies in your market segment.
You can assess your competition's strengths and weaknesses in your market and choose and implement effective methods to increase your competitive edge by thoroughly researching and analyzing your rivals.
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