Competitor analysis is an organized approach for evaluating the strengths and weaknesses of current or potential competitors' marketing strategies.

Question

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Competitor analysis involves identifying the strengths and weaknesses of competitors' marketing strategies, including their product offerings, pricing, promotions, and distribution channels. This information can help companies to better understand the competitive landscape and develop more effective marketing strategies to gain a competitive advantage.

Competitor Analysis Is an Organized Approach for Evaluating the Strengths