Simple Method to Analyze your Competition
Ruben Wolff
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Hello everyone,
I recently wrote an article about competition analysis that you can read entirely here: https://insights.corepo.org/how-to-run-a-competitive-analysis/
I hope this little guide will prove helpful to you, but in case it is too dense to read, I thought it would be a good idea to write a little summary here. Put simply, a competitive analysis is an evaluation of your market environment. Its main aims are to make you understand how your competitors work and to identify trends and opportunities in the market. Follow these 4 steps to analyze your competition:
1. Understand who is part of your competition
2. Analyze your competitors’ sales and marketing strategy
3. Examine the results of your competitors’ strategy
4. Run a SWOT analysis
If you're interested in the topic, please follow the link above to let me know what you think of the full article :)
Thanks for reading!
🤔
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