How can one identify their Direct and Indirect Competitors?
Note: Please avoid generic answers like 'conduct market research.' Answer detailed, specific methods. Which can be helpful for everyone.
Anonymous 4
Hey I am on Medial • 10m
Conduct a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) on your known competitors. This helps you understand their positioning and uncover indirect competitors you might have overlooked.
Why Startups Fail: Ignoring SWOT Analysis
Many new-age entrepreneurs launch startups with passion but overlook strategic planning, leading to failure. One of the most ignored yet crucial tools is SWOT Analysis—a framework assessing Strengths, Weakne
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How to Create a Basic SWOT Analysis for Your Startup in 1 Hour 🚀
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A SWOT analysis helps you assess your startup's Strengths, Weaknesses, Opportunities, and Threats, guiding strategic d
Startup Blueprint - Day 02
Market Research and Analysis :
1.Customer Segmentation: Divide your potential customers into distinct groups based on demographics, behavior, or needs.
2.Market Size and Growth: Determine the size of your target market a
Startup idea
SWOT Analysis for Bargain App for Everyday Fruits and Vegetables. Strengths include cost savings for users, convenience, unique selling proposition, scalability, and vendor network. Recommendations to leverage strengths include emphasiz
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Rajan Paswan
Honorary Mentions - ... • 10m
How can one identify their Direct and Indirect Competitors?
Note: Please avoid generic answers like 'conduct market research.' Answer detailed, specific methods. Which can be helpful for everyone.
Top 7 Business Frameworks for Success:
1. SWOT Analysis: Assess strengths, weaknesses, opportunities, and threats to strategize effectively.
2. PESTLE Analysis: Examine political, economic, social, technological, legal, and environmental factors im
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0 replies4 likes
Hemant Prajapati
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Techsaga Corporations • 6m
Hey Medial Fam 🌟 !! Checkout this post 👇
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How to Identify and Prioritize Startup Opportunities Quickly 🚀
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1. Market Research 📊
🔍 Identify Gaps: Look for underserved or untapped markets.
🗣️ Customer Feedback: Listen to potential customers' pai
Let's do a SWOT analysis of Zomato. Comment below -
1. What Zomato is absolutely good at(competitive edge)
2. What it is not good at.
3. Potential opportunities it can exploit in the future.
4. Threats that can bring it down.
Be Specific.
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In PM's roles, brainstorming techniques are useful in the process of product identification. Different brainstorming techniques like mind maps, SWOT analysis, SCAMPER or six thinking hats tools are used to encourage creativity an
