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
Stealthย โขย 5m
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.
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How to Create a Basic SWOT Analysis for Your Startup in 1 Hour ๐
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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
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
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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How to Identify and Prioritize Startup Opportunities Quickly ๐
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1. Market Research ๐
๐ Identify Gaps: Look for underserved or untapped markets.
๐ฃ๏ธ Customer Feedback: Listen to potential customers' pai
How to Measure and Improve Your Startup's Performance
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๐ฏ Measuring and improving your startup's performance is crucial for sustained growth and success. Hereโs a step-by-step guide to help you navigate this process effectively:
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Day 47: BLR Battleground: Competing for Customers in a Crowded Market
Bengaluru's startup scene is a battlefield! Here's your battle plan to conquer the customer war:
* Know Your Enemy: Research your competitors thoroughly. Identify their streng
Usefull tools for startups:
Tool for market research:
Statista: Market Research at Your Fingertips
Statista is a website offering market research and data on over 1 million topics across 170+ industries. It provides statistics, charts, and reports
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