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What Exactly is Competitor Analysis

Nomad

Member
A simple definition of competitor analysis is knowing who your competitors are and learning what they are doing and how they are doing. However, there is more to competitor analysis than this. Competitor analysis is a method to stay ahead of your competitors. Depending on your type of your industry, you will have to use different kinds of tools for competitor analysis. By the way, what kind of tools do you use for competitor analysis?
 
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