COMPETITOR ANALYSIS
(noun)Definitions
There is 1 meaning of the phrase
Competitor Analysis.
Competitor Analysis - as a noun
In marketing and strategic management, an assessment of the strengths and weaknesses of current and potential competitors.
Example: "If you are looking at one specific communications area, such as a website, conduct a competitor analysis of that in a bit more detail."
Example Sentences
"Our company conducted a thorough competitor analysis before launching the product."
"The competitor analysis revealed that our prices were higher than the market average."
"She specializes in competitor analysis and provides valuable insights to our team."
"The marketing team is currently working on a competitor analysis for our new campaign."
"We need to update our competitor analysis regularly to stay ahead of the competition."
