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.
Anirudh Gupta
Stealth â˘Â 3m
Finding out direct competitors can be done by examining their percentage of revenue to the total industry revenue and the market share they hold.
Sometimes they are also diversified in supply chain which creates a limitation to new organisation entry.