News / Blog: #strategies

What is market monitoring?

Market monitoring is a systematic process of collecting, analyzing and interpreting information about existing and potential customers as well as about competitors and the market in which they operate. The insights gained from this process can help companies make informed decisions about their strategies and products.

What is a target group?

A target group is a group of people who share a common goal based on their similar characteristics and preferences. A target group can be identified in terms of age, gender, occupation, income, place of residence, interests, attitudes, behavior and other criteria. Market researchers use target group analysis to determine the best strategies and campaigns for a company.

What is customer segmentation?

Customer segmentation is a strategy aimed at dividing customers into groups or segments based on certain criteria. Segmentation attempts to better understand customer preferences and to better address customer needs. This allows companies to adapt their marketing strategies to better target customers.

What is competitor analysis?

Competitor analysis is a method of strategic planning in which companies identify, evaluate, and compare the products, services, and strategies of their competitors. It is an important analysis method that helps companies identify the strengths and weaknesses of their competitors in order to be better prepared to face them.

What is competitive analysis?

Competitive analysis is a strategic tool that allows companies to monitor, understand and predict the competition in their market. It helps companies identify competitive advantages and strategies by evaluating their competitors in terms of products, prices, marketing strategies, financial strength, and other factors. This enables companies to make better decisions to achieve their strategic goals.