Definition
Competitive analysis is the process of evaluating competitors� strengths, weaknesses, market positioning, and strategies to identify business opportunities and threats.
Related Services
Market research, strategic planning, and business intelligence services help companies conduct in-depth competitive analysis to refine their strategies.
Problem and Application
Without a proper competitive analysis, businesses risk losing market share or missing growth opportunities. Understanding competitors helps companies develop stronger value propositions and differentiate their offerings.
Conclusion
Competitive analysis is essential for strategic decision-making. Companies that actively monitor competition can refine their positioning and achieve long-term success.
