diff --git a/The-Reason-Competitor-Analysis-Revolutionized-My-Business.md b/The-Reason-Competitor-Analysis-Revolutionized-My-Business.md new file mode 100644 index 0000000..b784d57 --- /dev/null +++ b/The-Reason-Competitor-Analysis-Revolutionized-My-Business.md @@ -0,0 +1,48 @@ +Essential modifications included: +* Transparent shipping times for different regions of the Kingdom +* Different fulfillment selections including same-day service in major cities +* Comprehensive monitoring with native updates +* Flexible rescheduling for arrivals + +I use a straightforward document to record our rivals' rates changes on a regular basis. This recently enabled us to: +* Discover periodic price reductions +* Recognize special offer approaches +* Grasp their [Web Design Packages Pricing](https://WWW.Bridgewaystaffing.com/employer/%d8%ab%d8%b1%d9%8a-%d8%b3%d9%83%d8%b3%d8%aa%d9%8a-%d8%a7%d9%84%d9%85%d9%85%d9%84%d9%83%d8%a9/) psychology + +Last quarter, a store group invested over 200,000 SAR in traditional [marketing agency in Saudi capital](https://git.hefzteam.ir/nathaniel9267) with underwhelming results. After shifting just 30% of that spending to smartphone advertising, they achieved a 328% growth in foot traffic. + +With comprehensive research for a food delivery customer, we found that promotions shown between night time substantially surpassed those presented during typical prime times, achieving one hundred sixty-three percent greater conversion rates. + +Powerful techniques included: +* Featuring merchandise appropriate to Saudi expectations +* Modifying product descriptions to showcase characteristics valued by Saudi shoppers +* Special assortments for religious occasions +* Measurement adjustments for local expectations + +A few weeks ago, a company director questioned me why his articles weren't generating any leads. After examining his content marketing strategy, I identified he was making the same blunders I see many Saudi businesses repeat. + +I suggest organizing competitors as: +* Direct competitors (offering nearly identical products/services) +* Peripheral competitors (with some overlap) +* New disruptors (new businesses with innovative capabilities) + +When I started my e-commerce business three years ago, I was certain that our unique products would be enough. I dismissed competitor analysis as superfluous – a decision that practically cost my entire company. + +Half a year into business, our conversions were disappointing. It wasn't until I accidentally a comprehensive report about our niche that I discovered how blind I'd been to the market realities around us. + +I presently employ several applications that have significantly improved our competitor analysis: +* Search analysis platforms to track other companies' SEO strategies +* Social listening tools to follow competition's online presence +* Digital tracking solutions to observe updates to their websites +* Email capture to receive their promotional messages + +Begin by identifying ALL your competition – not just the obvious ones. During our research, we identified that our most significant rival wasn't the established brand we were tracking, but a new company with an unique model. + +Last year, I witnessed as three similar businesses invested heavily into growing their operations on a specific social media platform. Their efforts flopped as the channel proved to be a bad match for our sector. + +I dedicate at least two hours each Monday examining our competitors': +* Online architecture and navigation +* Content strategy and content calendar +* Digital channels engagement +* Client testimonials and assessments +* Search strategy and rankings \ No newline at end of file