So check if they have any ranking keywords you are not using, and also check if you have any ranking keywords they are not using and make any necessary adjustments.
5. Calculate your competitor’s market share
Market share is sales measured as a percentage of total industry revenue. The value of a business’s market share relative to its competitiveness.
6. Analyze how they use discounts and vouchers
Almost all online retailers promote their products by offering discounts and vouchers as part of their marketing strategy. That said, very few customers expect to pay full price for the products they buy online.
Vouchers and discount coupons are considered
revenue engines if used wisely. And knowing how your competitors distribute their discounts and vouchers will give you a glimpse of their marketing strategy.
Also, it would be great if you could database see how much they spent on their discount vouchers so you can compare and check how much they are willing to pay.
Almost all online retailers promote their products by offering discounts and vouchers as part of their marketing strategy. That said, very few customers expect to pay full price for the products they buy online.
revenue engines if used wisely. And knowing how your competitors distribute their discounts and vouchers will give you
Split Dragon competitor voucher tracker
See all the vouchers your competitors are using in Separated Dragons
Be a Top Seller with Competitor Analysis
With more and more online stores Hit Post opening on online platforms, it is becoming increasingly difficult to find new customers. However, if you invest in a long term strategy like competitor analysis, you also pave the way for your business to earn rewards for life.