approaches that a business firm could use to gather information about competition

Essay specific features

 

Issue:

Business

 

Written by:

Jose B

 

Date added:

January 9, 2014

 

Level:

University

 

Grade:

C

 

No of pages / words:

2 / 551

 

Was viewed:

10231 times

 

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Essay content:

The company can get involved in legal issues; which would damage their image and for end their business. __4___ Posing as a potential customer to competitors This can help providing us with the marketing method that the competitor is using and their products. __3___ Getting loyal customers to put out a phone "request for proposal" soliciting competitors' bids __5___ Buying competitors' products and taking them apart I agree completely doing this because I can compare my competitors products with mine and their range price; this would help me to better position my business in the market...
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This can be done by designing a survey were our customers and the competitors customers can answered. Using the information gathered from the surveys the company can adjust to the customers needs and below the competitors prices to fulfill the needs at better price. __3___ Buying and analyzing competitors' garbage I am not sure how can this help my business...
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