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Competition research and analyses offer you insight into what your competition is doing (or who they are, if you don’t yet know).
Depending on your product or service, it compares prices, target markets, distribution channels and marketing material.
With this knowledge at hand, a brand’s approach can be tweaked or changed completely. This can dramatically influence pricing structures, communication and even company philosophies.
Spying a little on your neighbour is both fun and might even give your brand the jolt it needs!
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