|
Post by account_disabled on Feb 18, 2024 6:36:14 GMT
What customers like, and why the products are successful. How to Do: Examine your competitors' product/service catalogs. Evaluate product features, quality, variety and innovations. Read customer reviews and product reviews. Price: You should examine the attractiveness of the pricing model and price point your competitors are using. How to Do: Analyze your competitors' pricing strategies and models.
Check out discounts, promotions and loyalty latestdatabase.com programs. Compare your pricing with competitors' pricing. Promotion: Discover how your competitors promote their brands and offers and on which digital channels they are active. How to Do: Examine your competitors' advertising campaigns, social media activities and PR initiatives. Pay attention to what promotional channels are used and what messages are given.
Analyze the engagement and customer reactions of marketing campaigns. Location (Distribution Channels): Find out where your competitors sell their products, their online presence and physical stores or branches How to Do: Research the channels through which your competitors sell their products/services (e-commerce, physical stores, third-party sellers). Consider online and offline distribution strategies.
|
|