WHAT IS A COMPETITOR ANALYSIS?
A competitor market analysis is an analytically driven assessment performed to help you, as a business owner, get a better understanding of where you stack up among the competition. When managing the minute details of day to day operations, it can be challenging to keep a finger on the pulse of evolving industry trends. Through a process commonly referred to as competitive intelligence gathering, you receive a big picture view of what your competitors are doing to increase their revenue and bring in new customers. Once armed with this information, you will be better able to determine if strategic changes should be made to your own business. Competitor analysis effectively sheds light on the strengths and weaknesses of your business so that you can make strategic decisions to push ahead of the field.
HOW DOES DCC ANALYZE MY COMPETITORS?
Although DCC does not have a secret, behind the scene peak into the operations of your competitors, we can provide you with a product that will save you both time and money, allowing you to continue to focus on the inner workings of your business moving forward. DCC creates a detailed report encompassing our research into your top 5 competitors. Our analysis includes a look into how you are performing online and in social media compared to your competitors. We dive into reviews of what is working and what is not based on customer feedback for both your business and others in order to craft recommendations for areas of improvement.