Questions to Ask When Defining the Competition

  • Define your competitive set?
  • Do you think it will be the same in five years?
  • What are your competitor's strategies, objectives, and goals
  • How important is a specific market to each competitor
  • What is the level of its commitment to that market? (e.g. corporate market, retired market)
  • What are the competitors' relative strengths and limitations?
  • What weaknesses make your competitive set vulnerable?
  • What changes are your competitors likely to make in their future strategies?

 

 

Suggested Articles

Love animals? Then Sunrise Springs Resort is perfect for you.

Tuel Skincare’s Pore Star Club hosts training events to help businesses grow.

Developing a brand identity will help your followers recognize your brand across all of your social media platforms. This means being authentic in a sometimes…