Conduct Competitive Analysis
Analyze competitors to identify opportunities and threats
About This Task
Steps to Complete (6 steps)
Identify 5-10 direct and indirect competitors in your market space
Analyze their products, pricing, marketing strategies, and customer reviews
Evaluate their strengths, weaknesses, and market positioning
Study their online presence, social media strategy, and customer engagement
Identify gaps in their offerings that represent opportunities for your business
Document findings in a competitive matrix for strategic decision-making
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Created by hello@recoon.com
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