What is the meaning of competitive analysis?

[Jessicajain]

Hello Friends,
What is the meaning of competitive analysis?

 

[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.

 

[sharmaroshni]

Competitive Analysis:
The process of comparing the strengths and weaknesses of your own business or product to those of other businesses, in order to make your business or product more competitive.

 

[musictalentindia]

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.

 

[Broadanderson]

Competitive analysis means analyzing the competitors and their market strategies which helps to create our own strategies for better results.

 

[joquim]

Competitive analysis means analysis of who are your competitors in the market, evaluating their strategies to determine their strengths & weaknesses relative to those of your own product or services

 

[davidweb09]

To SEO analysis of your competitor website for quality of content & Backlinks.

 

[Sojan Babu]

A competitive analysis is the analysis of your competitors and how your business compares. By evaluating the strengths and weaknesses of your competition, you can begin to formulate how to give your company an advantage. Such an assessment is usually part of a company’s business or marketing plan, and provides context for growth plans.

 

[sadianisar]

Competitive analysis is the analysis of your competitor's website that which keywords they are targeting for the SEO of their website, what SEO techniques they are utilizing and how are they playing strategies for their business.

 

[AnastaciaFelicia]

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.

 

[sararobin19100]

Competitive analysis is the process of analyzing the competitors' websites and strategies for creating our own strategies for results.

 

[josephdarryl]

Focused Analysis. Business visionary Staff. Definition: Identifying your rivals and assessing their methodologies to decide their qualities and shortcomings in respect to those of your own item or administration . A focused investigation is a basic piece of your organization showcasing plan.

 

[johnkevin]

Competitive Analysis. Entrepreneur Staff. 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.

 

[ritajohnston]

A competitive analysis is a basic piece of your organization advertising design. With this assessment, you can set up what makes your item or administration one of a kind - and consequently what properties you play up so as to pull in your objective market.

 

[simon56]

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.