Ques:- What is competitive analysis and how is it done
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WSNE Consulting, RANDSTAD INDIA PVT, Varite India, RTB DEMAND, Valethi, Booker Wholesale, CHIPSY, Excelra Knowledge Solutions, TripStack (ALP Consulting), RM EDUCATION SOLUTIONS INDIA PVT,
Right Answer:
Competitive analysis is the process of evaluating and comparing your business, products, or services against your competitors to understand their strengths and weaknesses. It is done by identifying key competitors, analyzing their offerings, market positioning, pricing strategies, customer feedback, marketing tactics, and overall performance. This information helps businesses identify opportunities and threats in the market.
Competitive analysis is the process of evaluating and comparing your business, products, or services against your competitors to understand their strengths and weaknesses. It is done by identifying key competitors, analyzing their offerings, market positioning, pricing strategies, customer feedback, marketing tactics, and overall performance. This information helps businesses identify opportunities and threats in the market.