what is a competition analysis 3

https://acornmetric.com/s/1z2iW6pyZXNZYPqFF47pq

A competition analysis is when you look at what other businesses in your field are doing—their products, marketing, pricing, and customer feedback—to understand your own market position. It's not just spying on rivals; it's about spotting gaps, improving your own strategy, and finding ways to stand out without copying. Think of it as a reality check.