What is the synonym of competitor?

What is the synonym of competitor?

rival, challenger, opponent, opposer, adversary, antagonist, combatant, enemy, foe. competition, opposition.

What is meant by competitor analysis?

A competitor analysis refers to an assessment of your competitor’s strengths ad weaknesses. This type of analysis helps you determine how your competitors compare to your own business. Essentially, it involves obtaining information about your company’s biggest competitors to improve your own business.

What is key competitor analysis?

A competitive analysis is a way to identify competitors, and understand competitor’s strengths and weaknesses in relation to yours. It helps you gauge how to curb competitors and refine your strategy. Conducting a competitive analysis is important because you’ll build: Strategies for how to expand into a new market.

What are 2 synonyms for analysis?

synonyms for analysis

• inquiry.
• investigation.
• reasoning.
• scrutiny.
• search.
• study.
• test.
• breakdown.

How do you analyze a competitor?

Here are 5 steps you can follow to conduct your own competitor analysis.

1. Identify your competitors.
2. Gather information about your main competitors.
3. Analyze the competition’s strengths and weaknesses.
4. Talk to your competitors directly.
5. Identify your competitive advantage.

How is competitor analysis done?

Determine who your competitors are. Determine what products your competitors offer. Research your competitors sales tactics and results. Take a look at your competitors’ pricing, as well as any perks they offer.

What is competitor example?

The Types of Competitors Example: McDonald’s and Burger King. Indirect competitors are the businesses that sell a product or service in the same category as you, but it’s different enough to act as a substitute for your product or service. Example: McDonald’s and Subway. Example: McDonald’s and Stouffer’s frozen meals.

What is the synonym of Analyse?

examine, inspect, survey, scan, study, scrutinize, look over, peruse. search, investigate, explore, probe, research, inquire into, go over, go over with a fine-tooth comb, check, sift, dissect. audit, judge, review, evaluate, interpret.

What type of word is analyze?

analyze is a verb, analysis is a noun, analytical is an adjective:The computer analyzed the data. to subject to mathematical, chemical, grammatical, etc., analysis.

Are there any synonyms for the word competitor?

Synonyms for competitor include rival, competition, challenger, adversary, antagonist, corrival, opponent, opposition, combatant and contender. Find more similar

What is the opposite of the word competitive?

“Being competitive and always wanting to win appears to be an innate quality of his.” “Sofas are available in several designs and are offered at competitive prices.” “You’d best think long and hard before deciding to enter this highly competitive market.” Find more words! What is the opposite of competitive?

How to identify your competitors in the market?

Since the situation on the market is changing dynamically, before running an advertising campaign, you should carry out a direct analysis of contextual ads, their results, as well as competitors. You can start by mapping out your competitors and how their online presence is performing.

What are the theories of Strategic Management and competitor analysis?

The framework is based on the integrated theories of strategic management and competitor analysis, and is made operational by means of a step-by-step procedure that is applied to the mobile-phone industry from the perspective of two Taiwanese firms.