How to Collect and Applying Competitor Insights

[Nomad]

For better conversion, you need to do competitor analysis and apply the data. How do you do it? Well, first of all you need to compile the following data

• Company names
• Products and services
• Pricing structures
• Marketing strategies
• Target demographics

Now, you will have to see what kinds of results they are getting., then compare these findings with your own business. Identifying strengths and weaknesses helps you refine your marketing and sales strategies.

 

[Augusta]

You can analyze their product offerings, pricing, and customer journeys.l: Monitor their online presence, engagement, and customer feedback.