Competitive analysis is an important part of launching a brand.
It involves researching and understanding the competitive landscape in order to identify opportunities and threats.
This analysis helps to inform strategic decisions and can be used to develop a competitive advantage.
It involves looking at competitors’ products, services, pricing, marketing strategies, and customer service.
It also involves understanding the competitive environment, such as the size of the market, the number of competitors, and the competitive dynamics.
By understanding the competitive landscape, businesses can develop strategies to differentiate their products and services, gain market share, and increase profitability.