Learn how to do a competitive analysis in 3 easy steps!

Updated: Sep 8, 2020

Entrepreneurs and businessmen must constantly examine their competitors to provide greater customer value and satisfaction than them.

If you have never done a competitive analysis before, this is a good place to start. Every business has competitors, this post will help you understand how to improve your promotional tactics, forecast the future of the market, better target current customers and help read new audiences.

There are 3 simple steps:

1. Identify your competitors

2. Research your competitors

3. Compare your business


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