Determine best practices
and create an action plan. 4 easy steps for your first competitive analysis Pro Tip: Before you begin, make sure you know how to keep track of all the data your analysis uncovers. We've created an easy-to-use template that you can use at every stage of our competitive research process. Step 1: Establish a competitor list How to find your competitors If you've never done a competitive analysis before, the first step is to create a list of all the major players in your niche.This list tells you who you might be competing Phone Number List with for your audience's attention and gives you an idea of who to target throughout your competitive analysis. You can start by making a list of competitors you are aware of. These will likely be businesses in your niche and city that offer the same products or services. To get an overview of your competitors, make your list with the Market Explorer tool . First, select “Find Competitors” and enter your domain. You will automatically get a list of the main players in your sector.
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If you already know your competitors, choose “Create list” instead and enter them manually. The Growth Quadrant widget will show you who you are competing with online. It will also display their relative market positions, audience size, and growth rate. Market Explorer, Growth Quadrant The Growth Quadrant chart divides you and your competitors into four basic categories: Niche players: New or small businesses with a small audience and low growth rate. Game changers: Emerging companies with relatively small audiences but growing rapidly. Leaders.
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