How can I identify my direct competitors in the market?
To identify your direct competitors, start by analyzing businesses that offer similar products or services in your target market.
What tools can I use to find this information?
You can use tools like SEMrush, Ahrefs, or Google Keyword Planner to analyze competitors' online presence and keywords.
Should I consider indirect competitors as well?
Yes, understanding indirect competitors can provide insights into market trends and customer preferences.
How often should I reassess my competitors?
It's a good practice to reassess your competitors at least once a year or whenever you launch a new product.
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