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Everyone Hates Marketers | No-BS Marketing & Brand Strategy Podcast cover image

Know Your "Enemies" — A Practical Guide to Competitive Intelligence

Everyone Hates Marketers | No-BS Marketing & Brand Strategy Podcast

NOTE

Understanding Competitors and Competitive Tiers

Language plays an essential role in how we perceive competitors; competitors are entities that can replace or be replaced by our business. Direct competitors are those impacting revenue the most, while tier two competitors could be smaller but impactful in some way. It is crucial to assess the level of threat posed by each competitor to understand their significance and impact on the business.

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