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How To Do An In-Depth eCommerce Competitor Analysis

Data Hut

It will help you understand your competitor's product, market, and growth strategy so you can make wise decisions for yourself. A competitive analysis isn't something most small businesses do regularly. In fact, a recent survey showed that nearly 80% of small businesses don't know enough about their competitors to make smart decisions.

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How to use LinkedIn for Competitive Intelligence

Aqute Intelligence

Competitive intelligence analysis helps businesses maintain or gain a strategic market advantage. It involves collecting and analyzing detailed information about competitors and industry developments to make informed strategic decisions. Following competitor company pages Follow your competitors' official LinkedIn pages.

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Pros and Cons of Having a Data-Driven eCommerce Business on Amazon

Smart Data Collective

The first thing you might decide is to find out if there are any pitfalls with creating a data-driven Amazon business and if the advantages offered outweigh them. If you take advantage of the data analytics capabilities that Amazon provides, you can streamline even more of the processes. Take selling products on Amazon, for example.

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Picking a Digital Marketing Niche for Your Agency

mention

Before they even realize it, they’re buried beneath the vast horde of agencies peddling the same “everything” package, becoming yet another faceless statistic in an increasingly crowded space of competitors. You’ll encounter far fewer competitors in a niche, leaving more opportunities for you to exploit.

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How to Use Product Intelligence to Win Customers

Data Hut

When do your or your competitor’s products go out of stock? Is your competitor’s assortment mix better than yours, or vice versa? To sustain a competitive advantage, today’s companies need to develop a thorough understanding of every product and its lifecycle in their portfolio. . Innovation and Improvement. Source: The Verge.

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12 Competitor Monitoring Tools to Trial in 2024

Alpha Sense BI

Businesses must stay on the pulse of competitor strategies, activities, and market positions in order to maintain their competitive edge and win clients. To cut through the noise and get straight to the information that matters, you need a comprehensive competitor monitoring tool.

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Proven Strategies to Skyrocket Amazon Product Visibility and Sales

Data Hut

Competitor Comparison: If similar products from competitors are ranking higher and achieving better sales, it might point to a visibility issue with your product. In the vast digital marketplace of Amazon, where over 2.5 million Amazon sellers compete for attention, standing out is not just important – it's crucial for sales success.

Sales 52