Why You Should Track Your Competitor Prices ?
Competitor price tracking and analysis is the one of the basic and natural element of the competition…
As a business you could be worry about competittion… But there are several positive effects of competition to your business…
Why Competition Is Good For Your Business ?
- This means your market already validated and there is a market for your products…
- Spend less time for market development and customer awerness
- Competition leads to innovation…If you are the only player in your market it can be difficult to imporve
- As one of several companies offering the same product …You are force to compete your customers
- Helps to understanding of your core market…Competition force you focus on core audiance
- Makes your company dynamic