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Tips on how to Research your Competitors

SalesBabu Opportunity Management Software helps in tracking competitors and make strategies accordingly. The Opportunity Management Software allows you to enter and store information with regard to a particular product or customer. SalesBabu CRM helps you to make positive pipeline of business, provides sales forecast, degree of interest of the customers and helps to make further strategies for closures of leads accordingly.

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Tips on how to Research your Competitors

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  1. Tips on how to Research your Competitors SalesBabu CRM for Enterprise business and startups

  2. Contact Us: M: +91 9611 171 345 What is Business competition? Business competition is the process where companies or individuals compete with other companies or individuals of the same industry. Website: www.salesbabu.com Email: sales@salesbabu.com

  3. Contact Us: M: +91 9611 171 345 How to identify competitors? Quality of the product or service Quality of the product or service Price of the product or service Price of the product or service Brand awareness of the product or service Brand awareness of the product or service ● ● ● Use of technologies Use of technologies ● Customer Experience Customer Experience ● Closing of sales Closing of sales ● Website: www.salesbabu.com Email: sales@salesbabu.com

  4. Contact Us: M: +91 9611 171 345 How to handle competition in the market? 1. 1. Know your customers' needs, preferences and requirements Know your customers' needs, preferences and requirements 2. 2. Be clear about what you provide Be clear about what you provide 3. 3. Understand the competition in the evolving market Understand the competition in the evolving market 4. 4. Spotlight why you are different from the rest Spotlight why you are different from the rest Keep coming up with new innovations Keep coming up with new innovations 5. 5. 6. 6. Target new markets Target new markets 7. 7. Retain your loyal customers Retain your loyal customers 8. 8. Work as a team Work as a team Website: www.salesbabu.com Email: sales@salesbabu.com

  5. Contact Us: M: +91 9611 171 345 What is competitor analysis? A competitive analysis is a process of identifying and evaluating competitor’s strategies to determine the strengths and weaknesses. The competitor analysis gives valuable insights about how your company is performing against industry competitors. Website: www.salesbabu.com Email: sales@salesbabu.com

  6. Contact Us: M: +91 9611 171 345 Benefits of analyzing competition in market Improvement in product and service Improvement in product and service ● Enhancement in customer experience and service Enhancement in customer experience and service ● Learn how to acquire competitive customers Learn how to acquire competitive customers ● Learn from mistakes and stay ahead Learn from mistakes and stay ahead ● Website: www.salesbabu.com Email: sales@salesbabu.com

  7. Contact Us: M: +91 9611 171 345 Tips on how to Research your Competitor Make use of online tools Make use of online tools ● Monitor your competitor’s social media Monitor your competitor’s social media ● Take customer feedback Take customer feedback ● CRM analytics CRM analytics ● Attend industry conferences Attend industry conferences ● Website: www.salesbabu.com Email: sales@salesbabu.com

  8. Contact Us: M: +91 9611 171 345 Thank you for Visiting Us Read More Steps Towards Successful CRM Implementation Take Your Lost Sales As a New Learning Top 5 Reasons To Kick Start Your Business with Online CRM Software Maximize your Organizational Output Our Address SalesBabu Business Solutions Pvt. Ltd. No.38/11, 3rd Cross, G Block, Sahakarnagar, Bangalore – 560092 Tel: +91 9611 171 345 , Mobile: +91 9341 323 571 E-mail: sales@salesbabu.com Website: www.salesbabu.com Copyright Reserved @ 2019 SalesBabu Business Solutions Pvt Ltd.

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