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Competitor mapping: The benefits and how to create your own

Sprout Social

This type of analysis can help you discover how your brand can differentiate itself through marketing. For example, if you wanted to create a competitor map for social media, you would take an in-depth look at your competitors’ profiles, from monitoring their engagement and most active channels to their overall content strategy.

SWOT 110
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How to conduct an effective competitive analysis in 7 steps

Tomorrow People

After all, it would be far too time-consuming and costly to compare all your marketing activities against every possible competitor at once. This will help you decide how your organisation wants to differentiate themselves from them later on. What differentiates their offering: How are they unique?

Analysis 156
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Product Launch Marketing Strategy Guide for B2B Marketers

Launch Marketing

Plus, with no goals to aim for, the marketing activities decided upon often will not contribute to anything. Whether it is using a SWOT analysis or Porter’s Five Forces, there are several ways to analyze all aspects of a competitor. Goals guide all decisions made to help reach them. This is where competitors come into play.

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From efficacy to efficiency: 2024’s B2B marketing revolution

Martech

Traditionally, aiming for something like a 20% improvement in activity or efficiency in marketing, especially during budget constraints, has been normal. It’s about the mechanics of marketing and the fine-tuning of various activities and processes. It’s a challenge beyond being more efficient with limited resources.

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Demand Gen vs. Lead Gen: Which is ‘Best’ for Startups?

Zoominfo

Market intelligence Includes internal surveys, external focus groups, and SWOT analyses Why is this distinction important? If you don’t have a lot of differentiation, you’re just trying to ride the coattails of the category, capture demand, and create awareness for your brand within that category.

Lead Gen 130
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Competitive monitoring: tracking the competition to stay ahead

Sprout Social

Competitive monitoring is the process of continuously tracking your competitors’ activities and strategies. This includes keeping tabs on your competitors’ social media activity, pricing changes, marketing campaigns, product launches and more. You need to actively collect, analyze and use that data to your advantage.

SWOT 97
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Does Your Growth Strategy Need an Intervention?

Vision Edge Marketing

By actively listening to them, soliciting feedback , and understanding their pains and opportunities, your business can adapt its strategies to meet these changing expectations. The ability to adapt , differentiate , and stay ahead of the competition is often rooted in the feedback and suggestions of the customers.