What is the meaning of competitive analysis?
 

What is the meaning of competitive analysis?

A competitive analysis is a critical part of your company marketing plan. With this evaluation, you can establish what makes your product or service unique--and therefore what attributes you play up in order to attract your target market.

Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.

A competitive analysis may be a vital a part of your company selling set up. With this analysis, you'll be able to establish what makes your product or service unique--and thus what attributes you play up so as to draw in your target market.

Identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or service .

A competitive analysis is a critical part of your company marketing plan. With this evaluation, you can establish what makes your product or service unique--and therefore what attributes you play up in order to attract your target market.

Competitive Analysis is a process of gathering and analyzing information about your competitors, their practices, products, strengths and weaknesses and business trends in order to assess your position in the market and improve your products and marketing strategies.

Thanks Bruce Mesnekoff

Competitors Analysis is the activity to analysis the other sites which already in good position on our keywords.

Competive Analysis
 

Competitive analysis means to keep track what exactly your competitor do. It doesn't matter either online or offline. This process can boost your business

It means Identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or service .

These are the best affordable competitive analysis tools

CPC ROI Calculator & CPM ROAS Calculator.
SEMRush - competitive research tool covering both AdWords & organic search results.
Compete.com Search Analytics - low-cost competitive tool showing keywords that send competing sites the most traffic.
KeyCompete - shows keywords that competitors are buying.

Identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to those of your own product or service .