Knowing who your competition is and what they have done, are doing, or will do is vital for success in market development. Learning and understanding what strategies your competition is applying can be the difference between a nice smooth transition into sales and market penetration or a bumpy road that ends in unfavorable results.
With research of your competition you will gain a clear picture of your competitors and the methods that are successful minimizing your time and resources in costly mistakes and oversights.
- Resources and techniques used by competitors
- Market share development disclosure
- Disclosure of future strategic development