Remove Compete Remove Industry Remove Price Remove Research
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How to edge out your competition with market research

Sprout Social

Be honest: when’s the last time you conducted market research? And taking the time to do research might not seem like much of a priority. Given the wealth of tools and information available, businesses today can’t ignore the importance of regular market research. Why is market research so important, anyway?

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How to gain a competitive advantage by analyzing marketing initiatives by competitors

Sprout Social

Marketing competitor analysis is the process of researching and analyzing your competitors’ marketing strategies and tactics to identify their strengths and weaknesses. Look at the four Ps of marketing —product, price, place and promotion—these are four essential factors in marketing a product or service.

Analysis 106
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How to build a competitive analysis report with examples and tools

Sprout Social

However, beyond research, there’s the crucial task of distilling those insights into actionable strategies that’ll give your business an advantage. The report synthesizes your competitive intelligence research data and provides conclusions for better decision-making.

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Is Your Brand Performing Like It Needs to?

The Realtime Report

It’s made up of the price point you pick for your products, and the quantity and quality customers get for that price. Working with a market research agency could be worth the investment. It’s so much more than your logo. Your brand is made up of every decision you make that affects how customers relate to your business.

Brands 103
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How to build a competitive intelligence system that wins

Sprout Social

Across departments, every employee in your organization should be a competitive analysis detective, constantly looking for clues on what’s coming up in your industry. In order to build a competitive intelligence culture that sticks, you need a team of high-achieving analysts who live and breathe your industry. Relentless researchers.

System 106
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Competitive monitoring: tracking the competition to stay ahead

Sprout Social

This includes keeping tabs on your competitors’ social media activity, pricing changes, marketing campaigns, product launches and more. Competitive monitoring also involves collecting data on market trends and other key aspects of your industry landscape. Stay on top of industry trends Things are always changing in business.

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Top Social Media Manager Interview Questions and Answers [2023]

Hootsuite

This introductory question is a classic interview kickoff—no matter what kind of job you’re interviewing for, it’s standard that you’ll be asked how you got your start in the industry. Questions about the brand These interview questions are all about research: make sure you do your homework so you can knock them out of the park.