Competitive Analysis: A Comprehensive 09-Step Guide

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Competitive analysis is essential for any business that wants to remain relevant and ahead of the competition. 

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By conducting a detailed analysis of your competitors, you can develop strategies to stay ahead of them.

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There are many different ways to conduct a competitive analysis, but all of them should include these nine essential steps:

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1. Define your goals and objectives.

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2. Identify your competitors.

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3. Gather information about your competitors.

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4. Analyze your competitor's strengths and weaknesses.

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5. Develop strategies to exploit their weaknesses and capitalize on your own strengths.

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6. Monitor your progress and adjust your plans as needed.

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7. Evaluate your results.

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8. Be prepared to respond to your competitor's moves.

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8. Be prepared to respond to your competitor's moves.

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9. Repeat the process regularly.

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That’s all there is to it! Google Surveys are a great way to collect data from a large number of people quickly and easily. Give it a try today.