How do marketers identify and analyze competition
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Identifying and analysing competition
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Transcript of How do marketers identify and analyze competition
Determining Category membership
The products or sets of products with which a brand competes and which
functions as close substitutes.
For a brand with explicit growth intentions to enter new markets ,
an aspirational competitive frame may be necessary to
reflect possible future competitors.
What is each competitor seeking in the market place?
What drives each competitor’s behaviour?
Factors that shape a competitor’s objectives?