These strategies play a crucial role in market positioning. They help in understanding the competitive landscape, identifying opportunities and threats, and making informed decisions. The strategic group analysis map helps in identifying the position of a company in the market compared to its competitors. SWOT analysis helps in understanding the strengths, weaknesses, opportunities, and threats of a company. Competitive pricing analysis helps in setting the right price for a product or service. Blue ocean strategy helps in creating uncontested market space and making the competition irrelevant. Porter's five forces help in understanding the competitive forces in the market. All these strategies together help in creating a strong market position.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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