What is the meaning of competitive analysis..!

[ramlogicstechnosoft]

Hello friends,

please tell me, What is the meaning of competitive analysis..!!???

[amarjyotiadvertising]

Competitive analysis means how competitive a particular thing is n comparison to some related things. For example, if i am an advertising agency, how competitive i am for other agencies or how competitive they are for me, would be the competitive analysis.

[summayaah]

The purpose of the competitive analysis is to determine the strengths and weaknesses of the competitors within your market, strategies