- Summarize your business's competitive matrix. Your summary should cover the following:
2.) What factors did you choose to compare your business and your direct competitors and why?
3.) Were you able to find your competitive advantage? If yes, what is it? If no, take the time to reorganize and think of a competitive advantage for your business. Explain your thought process.
- The short slideshow explains 12 tips for conducting a competitive analysis - please read thoroughly. Then choose at least 5 tips and explain how those tips could help you and your business. Make connections between the chosen tips and specific actions you can perform to find more data about your competitors. Conclude your posting by explaining how competitive analysis can help you and your business - be specific.