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 7m
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
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
Stealthย โขย 7m
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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Hemant Prajapati
ย โขย
Techsaga Corporationsย โขย 4m
Hey Medial Fam ๐ !! Checkout this post ๐
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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
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.
Do give it a read!!
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
MARKET ANALYSIS
Market Analysis is the process of determining the attractiveness of a market, i.e., whether it is worth investing in the current market scenario both now and in the future.
Organizations analyze the market before launching a product
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Hemant Prajapati
ย โขย
Techsaga Corporationsย โขย 3m
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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