What is the meaning of competitive analysis?
 

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I would like to know that What is the meaning of competitive analysis?

An in-depth investigation and analysis of your competition is one of the most important components of a comprehensive market analysis. 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.

Competitive Analysis is a process of gathering and analyzing information about your competitors, their practices, products, strengths and weaknesses and business trends in order to assess your position in the market and improve your products and marketing strategies.

What is meaning of competitive analysis
 

Competitive Analysis is a process of gathering and analyzing information about your competitors, their practices, products, strengths and weaknesses and business trends in order to assess your position in the market and improve your products and marketing strategies.

Competitive analysis is the method of analyzing and collecting the information about the competitors, their products, strengths and weakness.

To analysis the strength and weekness point of competitive business trends.

The importance of competitive analysis is described by all you members...

Competitive analysis is a process by which we collect all the data of the competitor and the strategies.. we also try to find out that from where they are getting back links...

Analysing info about the competators

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Competitive analysis is 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.

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The competitive analysis is method of collecting information of competitors and build a strong marketing strategy of our own.

Competitive analysis is the process of analyze the information about competitors.

Strategic technique used to evaluate outside competitors. The analysis seeks to identify weaknesses and strengths that a company's competitors may have, and then use that information to improve efforts within the company. An effective analysis will first obtain important information from competitors and then based on this information predict how the competitor will react under certain circumstances.

Competitive Analysis is a process of gathering and analyzing information about your competitors, their practices, products, strengths and weaknesses and business trends in order to assess your position in the market and improve your products and marketing strategies.