Respuesta :
A company’s marketing organization ensure that it is able to identify newly emerging competitors in time to plan and execute an effective marketing strategy in response to these competitors by scanning the external environment.
Company identify newly upcoming competitors by marketing research, seek customer estimation and check online communities on social media or community marketplace.
Emerging competitors refers to the process of collecting information, obtaining a competitive advantage.
Identifying your competitors strengths and weaknesses will give you a competitive merit, knowing who your competitors are, and what they are presenting, can help you to make your products, services and marketing insights about competitors, customers and the market and using it to stand out.
Identifying your competitors marketing strategy by take part in professional conferences, analyzing industry reports, analyzing your competitor's website and SEO strategy, analyze competitor's associate marketing strategy, analyze competitor's marketing strategy.
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