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Having a dedicated and comprehensive competitoranalysis framework is critical, as is the ability to access all the competitive information you need in one place. What is a CompetitorAnalysis Framework? This helps in understanding a competitor’s overall strategic position and potential areas for growth or risk.
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It enables you to work in a way that fits the market needs, based on research. Some of the factors that you should consider to include in your competitoranalysis are: Product offering: What products and services do your competitors offer, and how do they compare to your own? What is the reason you’re doing this?
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