What are the best practices for conducting competitive research?
To conduct effective competitive research, start by identifying your key competitors and analyzing their strengths and weaknesses.
What specific tools can I use for this research?
You can use tools like SEMrush, Ahrefs, and SimilarWeb to gather data on competitors' online presence and strategies.
How often should I update my competitive research?
It's best to update your competitive research regularly, at least every 6 months, to stay informed about market changes.
Can you give me an example of a successful competitive analysis?
Sure! A successful analysis might involve comparing your product features, pricing, and customer feedback against competitors to identify gaps.
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