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Some key areas where it’s applied: Strategy planning Customer behavior studies Technology trends forecasting Demographic analysis Context analysis can be done through surveys, datamining, and observational studies. SWOT Analysis SWOT analysis examines Strengths, Weaknesses, Opportunities, and Threats.
Doing a competitor analysis helps your brand understand how it compares to its peers: pinpointing strengths, weaknesses, opportunities, and threats (SWOT analysis). Some of the crucial data is hard to find – and if you don’t know where to look, the task can be altogether impossible. Conduct a SWOT analysis. Do they match up.
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