Business Plan Analysis Template
An industry analysis will describe the products offered within a particular industry and the parameters of the marketplace in relationship to economic, regulatory and political issues.
Sometimes, getting information about a competitor might require a bit of sleuthing on your part.
The first thing you should do is purchase or acquire your competitor’s product.
This gives you the chance to evaluate your competitor’s sales process while you are acquiring the product to test.
If your competitor has a store that is open to the public, there are no rules prohibiting you from visiting it and taking a look around.
Becoming a member of a competitor’s mailing list to receive promotional material and updates on new products and pricing is a quick and easy source of information.