What is the meaning of competitive analysis?
 

Hlo Friends,
Can anyone tell me, What is the meaning of competitive analysis?

and also with its benefits.

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:
The process of comparing the strengths and weaknesses of your own business or product to those of other businesses, in order to make your business or product more competitive.

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.

A competitive analysis is a critical part of your company marketing plan.

Hai guys,

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

The process of comparing the strengths and weaknesses of your own business or product to those of other businesses, in order to make your business or product more competitive is called competitive analysis.

Competitive analysis is the process of gathering and analyzing for your competitors, their practices, products strengths and weakness for marketing strategies.