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Analyzing competitors’ distribution channels and strategies is crucial for companies to identify potential gaps or opportunities in the market.

Monitoring market expansion and new partnerships in the industry can help companies identify potential threats or opportunities.

Tracking disruptive business models and products or services from competitors allows  companies to assess the threat of innovations.

Keeping track of technological advancements in related industries is essential. Companies can use this information to improve their own products, production processes, and service delivery

Stay up-to-date with competitor strategies