What are some effective product selection strategies for my business?
Effective product selection strategies include market research, understanding customer needs, and analyzing competitors.
Can you elaborate on how to conduct market research?
Sure! You can conduct market research through surveys, focus groups, and analyzing industry reports.
What tools can I use for analyzing competitors?
Tools like SEMrush, Ahrefs, and SimilarWeb can help you analyze competitors' online presence and strategies.
How do I identify customer needs effectively?
Identifying customer needs can be done through direct feedback, social media listening, and customer journey mapping.
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