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How to Run a SWOT Analysis for Your Business [Template Included]

Hubspot

A SWOT analysis is a useful technique to evaluate a new project or objective your business faces, or your business as a whole. Essentially, a SWOT analysis is a roadmap for how you should move forward with your business, which opportunities you’re missing out on, and which challenges you should tackle. What is a SWOT analysis?

SWOT 101
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Competitor mapping: The benefits and how to create your own

Sprout Social

Comparing your product to your competition highlights areas to improve whether it’s adding additional features or using better quality materials. Select a focus area Identify focus areas such as product range, pricing or other variables to niche your research down and concentrate on the most relevant things to analyze.

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How to build a competitive analysis report with examples and tools

Sprout Social

Compare your product offerings Compare your product to your competitors for quality, price, customer service and other areas to reveal your differentiators. It’s not compulsory to compare every feature you and your competitors offer. With that, you’ll get a clear idea of your position based on the SWOT analysis you created earlier.

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The Beginner's Guide to the Competitive Matrix [Template]

Hubspot

Before you dive into the world of competitive matrices, it' s important to understand that there are different types that you can use to compare your company to your competitors: Features and benefits analysis. SWOT analysis. Two-Feature Competitive Landscape Chart. SWOT Analysis Template. Competitive strategic overview.

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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. Or, you might find their customers are asking for a new feature. You could add that feature into your product before they do to steal their subscriptions.

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The Beginner's Guide to Competitive Benchmarking

Hubspot

For example, if you want to develop a competitive selling strategy, which competitor has the most effective pricing model — and what exactly do they offer? SWOT Analysis. A basic competitive matrix is the SWOT analysis, which compiles your company's strengths, weaknesses, opportunities, and threats. Review Tracker.

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How to Build a Sales Territory Plan with a Buyer-Centric Approach

Zoominfo

Look at past win/loss analysis data per region to develop a SWOT analysis on each major local competitor. Not only that, you can gain intel relating to your competitors’ messaging, pricing strategy, and product features. This will help you understand why you win or lose locally.

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