How to Create the Best Competitive Landscape Analysis Using Strategic Steps

How to Create the Best Competitive Landscape Analysis Using Strategic Steps

Generally speaking, the competitive landscape analysis is a business analysis method, which will identify direct or indirect competitors to help comprehend the mission, core values, vision, strengths, niche market, and weaknesses. Depending on the current business’s volatile nature, where companies will represent competition to others, this analysis will help in establishing that new mindset to facilitate creating strategic competitiveness.

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5 Profitable E-Commerce Ideas: Start a New Business

5 Profitable E-Commerce Ideas: Start a New Business

Shopping online has become one of the most popular pass times of today. People would rather sit on their couch and order stuff online than go into a shopping mall. E-commerce businesses have boomed, and they make up 14% of all retail sales worldwide. E-commerce sales reached $4 trillion in 2020, and the number is predicted to grow in the coming years. An online or e-commerce store has the potential to grow and make profits.

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Key Strategies That Help Set Your Business Up for Success in 2021

Key Strategies That Help Set Your Business Up for Success in 2021

The past year was one of the most challenging and tumultuous periods we got to experience. The COVID-19 pandemic changed multiple aspects of our life, including the way we do business. Consumer behavior changed; businesses were forced to go through unplanned transformations such as remote working, unplanned furloughs, and layoffs, or worse, company closures.

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Why is Price Monitoring Important?

Why is Price Monitoring Important

Setting the right price for a product in the retail market is akin to walking a tightrope. Done correctly, it guarantees fortunes in the form of increased sales and a growing customer base. However, two extreme possibilities are also likely.

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