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Most business owners would need to identify and conduct research on who they are competing with as part of their ongoing business survival efforts.For more details please visit at http://sellyourbusiness.co.za/how-to-conduct-a-competitors-analysis/
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How to conduct a Competitors Analysis Most business owners would need to identify and conduct research on who they are competing with as part of their ongoing business survival efforts.
What is a Competitors Analysis ? Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. Thisanalysis provides both an offensive and defensive strategic context to identify opportunities and threatsa
Types of competitors These are competitors that offer very similar or the same product and services as you do. Their method of delivery and marketing might be different than yours.
Classification of Competitors 1. Key national competitors 2. Key international competitors 3. Substitutes 4. New entrants
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