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10 Facts about Your Competitors Swansea

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.

Lorcom Consultants
01792 791593
Unit 17 Tawe Business Village
Swansea

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Business Sense
01792 310110
132 Samlet Road
Swansea

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James Allen Consultancy
01267 233122
Orchard House
Swansea

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Hunter Burnside Consultants
01792 465441
7-9 Caer Street
Swansea

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Total Resource
01792 203462
495 Hendrefoilan Road
Swansea

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In House Solutions Ltd
08702 416735
Alexandra House
Swansea

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Cats
01792 462453
17 Page Street
Swansea

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Holistic Services Ltd
01792 324697
Suite G
Neath

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Business Partners
01792 204130
50 Saunders Way
Swansea

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Fox Consultancy Services Swansea Ltd
01792 206973
The Beeches
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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