What constitutes a competitor, and what is the goal you have in mind when you conduct competitor analysis?
What is your philosophy when it comes to competitors?
Eventbrite VP, Global Head of Product Marketing | Formerly Amazon, Ex-Amex • 5y
Thanks for asking this question. The exercise of defining your competitive set is a critical, but at times under-emphasized aspect of conducting research. There are three primary modes for competitive research: 1) optimization, 2) growth and 3) exploration. 1) Optimization is the most narrow mode. This is meant to identify how you are positioned relative to direct competitors, who are in the same industry and product family as your company. This is where your win/loss interviews become important ...Read More