When you are going to create a project on the Internet or carry out the digital transformation of a traditional business, it is essential to do a good market study to help us make the best strategic decisions for our project. Analyzing data with tools is something that anyone can do, another thing is to interpret this data and obtain valuable information, which is what I am going to teach in this guide.
We are therefore going to become the gadget inspector of the digital world and discover aspects such as: What is the business business model of my competition? What channels Luxembourg Email Addresses are you using to attract customers and sales? What pricing policy are you using? How is the sales process and the quality of the product? How do you merge your digital strategy with the traditional one? What strategies are you using? start with a basic aspect because if you are going to carry out a competition analysis to companies or projects that are not really your real competitors, you are going to lose infinite time, so to have no doubts, keep the following in mind:
Therefore, competition would be those companies that have the same business model, the same market and target audience. There may also be a Pure or Mixed competition; The pure one is that CPA Email List company that has exactly the same business model and the mixed one that has it partially. Well, once we are clear about what is competition and what is not, we are going to explain how to do a step-by-step analysis