In this Episode I try to explain the importance of competitor analysis in small business. Competitor analysis is a method that involves identifying your rivals, collecting information about them, and using that information to complement your own success strategies. A good competitor analysis will help you learn the strengths, weaknesses or challenges in your industry and also identify major areas you can take advantage of in order to improve your business.
Whether you are starting a new business or in an existing business learning about your competitor is crucial for the success of your business.
If you have any questions or want to know more about this topic or any other marketing and business related topics feel free to send me an email [email protected]
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