What is the meaning of competitive analysis?

Hi Friends,

Competitive analysis is the research you do in order to dissect, learn more about and asses the strengths and weaknesses of your competitors. It can help you be on top of the game and gain a competitive advantage in your industry.

1. Identify your competitors
2. Know the Objectives
3. Narrow down evaluation areas
4. Identify your stakeholders
5. Pick your data sources with care
6. Fill in the information in templates
7. Publish your research

Competitive analysis does the comparison, between the website I am optimizing, and the website that is ranked highly in search results.

competitive analysis to know the following information about your competitive.
a) Keyword use by you competitive
b) Backlinks that they make
c) How much content they created.

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.

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.

Competitive analysis is the process of identifying your competition, exploring their business strategy and understanding the competitors' market share. It focuses on the competitors' strengths and weaknesses relative to the broader market (think SWOT analysis) that will help your own competitive strategy evolve

The meaning  of copetitive analysis is that to check all the baclinks and strategies to rank up the website.

Competitive Analysis. Definition: Identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or service. A competitive analysis is a critical part of your company marketing plan.

Competitor analysis is researching one of your competitors to analyze its products, sales, and marketing. Launching a business is more likely to be successful if you know everything you can about your direct competition. Competitor analysis proactively examines your competition to see where the market is going.

Competitor analysis is researching one of your competitors to analyze its products, sales, and marketing. Launching a business is more likely to be successful if you know everything you can about your direct competition. Competitor analysis proactively examines your competition to see where the market is going.