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Entrepreneurship

7 Easy Steps on How to Perform a Competitor Analysis [Video]

Do you want to stay ahead of your competition? You should be doing regular competitor analysis for your business! In this video, we will be walking you through the process of how we conduct competitor analyses.Subscribe: https://bit.ly/36gszTL[Most Popular Uploads]:➡ How to Increase Facebook Engagement in 2022:https://www.youtube.com/watch?v=Bam_rXmoOs4➡ Marketing for Small Business: Effective Marketing Strategies for 2022: https://www.youtube.com/watch?v=RX0Y2JbS9K4➡ Facebook Marketing: A Complete Video Guide for 2022:https://www.youtube.com/watch?v=14amlEYDu_k➡ The Ultimate Guide To Facebook Marketplace in 2022 (w/ Tips): https://www.youtube.com/watch?v=x5KlXb5kemgAre you tired of reacting to changes in the market or customer needs instead of being ahead of the curve?You can avoid that by doing regular competitor analysis. Let us show you how.If you haven’t completed a competitor analysis before, you’re in for a treat!We’re going to walk you through the process, including what we ask ourselves, and using a fake business so you can see how to apply it. Let’s get started! Video OutlineIntro (0:00)What Is A Competitor Analysis (0:37)Why Bother Doing A Competitor Analysis (0:51)How Often You Should Perform A Competitor (1:56)How To Perform A Competitor Analysis (2:12)Videos MentionedHow To Perform A SWOT Analysis: https://www.youtube.com/watch?v=qNeMAuu1llw&list=PL-DAplYj3NS97YxhFXFlokip-Zu_BXMi7&index=75// LYFE Marketing ➡ Check out our Social Media Advertising Course: https://www.lyfemarketing.com/social-ads-mastery/➡ We’re LYFE Marketing, a full-time digital marketing agency for small businesses. We help people grow online through various marketing channels. We help you de-code if advertising is the right fit for your growth trajectory, or see if organic growth is more of your speed. Regardless, our goal is to build a massive portfolio of success stories. So one day, we can look back and say that we made a difference in the world. This channel will provide you with good tips and suggestions for a large range of marketing topics. And we’re not holding back. But if you want a tailored strategy, then don’t hesitate to contact us on our website: http://lyfemarketing.com/contact-us