Description
Competitor research entails analyzing competitors in your niche based on their product and service offering, pricing and marketing strategies, as well as their distribution strategies. Conducting competitor research provides actionable insights into your competitors’ operations and helps you identify gaps and opportunities in their strategies. A successful competitor research will enable you to optimize on your competitors’ strategies and potentially outperform them and enable you to stay updated on current and trending industry strategies. This “Conducting Competitor Research On Your Selected Niche” Checklist offers some factors to consider when conducting competitor research.
