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10 Facts about Your Competitors Llanelli

Make sure you are asking yourself the right questions and gathering the right pieces of information. Read on and get more information about business competition.

Consortium Asset Management Ltd
01978 710875
7 Mill Court
Wrexham

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Delyn Management Consultants
01792 886824
2 Hendy Industrial Estate
Swansea

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Business Sense
01792 310110
132 Samlet Road
Swansea

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T M R 0Uk
01824 702790
Hafod Las
Ruthin

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Lightwork Business Consultants
01646 690506
4 St. Annes Drive
Milford Haven

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E Qual Management Services Ltd
01678 530326
Tan Y Fedwen
Bala

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Stan Williams
01492 541113
107 Marine Drive
Colwyn Bay

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A Kiddy
029 20396051
61 Cowbridge Road East
Cardiff

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Heather Cooper H R Associates Ltd
01792 361761
114 Bishopston Road
Swansea

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Innovation21C
01792 518755
8 Castle Street
Swansea

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10 Facts about Your Competitors

Information is at the heart of any successful business. But make sure you are asking yourself the right questions and gathering the right pieces of information – especially when it comes to your competitors.

  1. How is their business performing overall, are they profitable?
  2. What products do they offer and what are the strengths and weaknesses of each of them?
  3. Who are their top customers and how do they manage them?
  4. What’s their core target market, is it growing or declining? If it is declining what are they doing about it?
  5. How much are they investing in new product development and what’s currently flavour of the month?
  6. What external factors effect them – for example the political situation, legislation, world events (e.g. global recession, the introduction of the Euro etc)
  7. Do they respect, fear, ridicule your business, or are they indifferent?
  8. Are they better, or worse, than you on the critical business success factors: product range, customer service, innovation, brand etc.
  9. How are they positioning and promoting themselves and their products?
  10. How much of a threat do they represent to you and in what way? What are you going to do about it?
If you’re struggling to find out about your competitors and would like some ideas and tips you can down load our Fact Sheets:
Research Techniques and 4 Steps to Better Competitor Intelligence .

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