What Is Direct Versus Indirect Competition In Marketing 🤔🎬✅

Analyzing your competition is important for the growth of your company.

In the area of marketing, analyzing your competition is healthy and can help inspire you to adapt your business to better meet consumer needs.

An essential part of this is to understand both your direct and indirect competitors.

And this begins with knowing the difference between the two.

Let’s explore this topic together!!! 👍

If you’d like to buy me a coffee ☕️ as I work hard to create marketing videos, I would be very appreciative. 🙏 https://ko-fi.com/solveitlikeamarketer

If you like what you see, 👀 please also join me on Social:

Facebook:   / solveitlikeamarketer  

Instagram:   / solveitlikeamarketer  

___________________________________________________________________

Chapters
0:00 Analyzing your competition
0:48 Direct competition
2:07 Indirect competition
4:01 How do you go about identifying your competitors?
5:47 You always have competitors whether those are direct or indirect.

___________________________________________________________________

How did you do with this video’s challenge? 🤔📚📖 I would love to hear about that! Share in the comments section below your marketing thoughts, observations, or topic ideas, and let's solve it like a marketer!

Want to add your language to this video's subtitles? Please follow YouTube's link to find out more: https://bit.ly/3exmHqP 👍👏🌍✈️✅

Subscribe to catch all the latest videos each week! 🔔🙏