What is the meaning of competitive analysis?

Started by saketbhai, January 27, 2018, 04:02:40 AM

saketbhai

Hlo Friends,
What is the meaning of competitive analysis?

onlinecake

Making out your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or services. A competitive analysis is a critical part of your company marketing plan.

salenaadam

A competitive analysis is the analysis of your competitors and how your business compares.It is the process of identifying the competitors and evaluating their strengths and weaknesses against our own products or services. This forms an indispensable part of any company's marketing strategy.

sinelogixtech

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.

RH-Calvin

A competitive analysis is a critical part of your company marketing plan. With this evaluation, you can establish what makes your product or service unique--and therefore what attributes you play up in order to attract your target market.
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blackmagicislam

Competitive Analysis is technique to check competitors of your websites

martindam

Competitve  analysis in advertising and key administration is an appraisal of the qualities and shortcomings of present and potential competitors. This examination gives both a hostile and protective vital setting to distinguish openings and dangers.

HostechSupport

Competitive analysis is an important section of your business plan that analyzes your competition- both potential as well as current competitors entering the market. The competitive analysis determines your strengths & weaknesses to make sure that your business survives or grows & helps you identify changes you should make to your business strategies.

Ruhani Ansari

#8
Quote from: saketbhai on January 27, 2018, 04:02:40 AM
Hlo Friends,
What is the meaning of competitive analysis?

Competitive analysis is a way to analyzing or comparing your competitors website on various parameters like site DAs, PAs, Keyword Rankings and other internal parameters of the website. The checklist help you to understand the key areas of improvement so that your website not just survive but rank hire in the search engines.

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