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approaches that a business firm could use to gather information about competition
Essay specific features
Written by:
Jose B
Date added:
January 9, 2014
Level:
University
Grade:
C
No of pages / words:
2 / 551
Was viewed:
10228 times
Rating of current essay:
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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