What Is a Competitive Analysis & Why Is it Important?

30 March, 2019   I   by admin

What exactly do you need to know about your competitors? And how do you perform a competitive analysis to find out? Read on for the what and why!

Source: www.netbase.com

Now consumer loyalty can be swayed by price, ease of shopping experience, negative customer reviews, or just another brand being considered trendier than yours.

For brands to survive, they have to be aware of everything consumers think and feel, and how that impacts success in their industry and category. It’s a tall order – which is why competitive analysis is so important. #competitiveanalysis #consumerloyalty

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