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What is a Competitive Analysis? 2023 Guide

Netbasequid

We will take you through the process so that by the time you’re done reading this guide, you will be ready to conduct a competitive analysis more efficiently than most. There’s a Market-Based View (MBV) economic theory that sees market conditions as the primary strength for competitive businesses.

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The Ultimate Due Diligence Guide

Alpha Sense BI

Do they keep liquidity for emergencies or take advantage of discounted businesses? It is also good to understand any competitive advantages that make the company a leader among its peers, and whether the overall industry is growing or not. These are the questions you need answered before taking the reigns of a company.

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How to Create a Competitive Analysis Template in 2023

Netbasequid

Eliminate any potential blind spots by scoping the entire market for brands capable of serving your customers, regardless of location. Advances in e-commerce mean that your direct competitor could be the stall next door or on Amazon thousands of miles away. Social media allows you to identify your competitors easily.

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