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What are the various factors that should be considered when conducting a competitor's analysis?
Wiki User
∙ 9y ago
Factors that should be considered when conducting a competitor's analysis are such as; the product involved, prices charged, customer base, and popularity of the competitor.
Wiki User
∙ 9y ago
When conducting a competitor's analysis, it is important to consider factors such as their market share, pricing strategies, product offerings, marketing tactics, target audience, strengths and weaknesses, and any potential threats they pose to your business. Understanding these factors can help you identify opportunities for differentiation and competitive advantage in the market.
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