Understanding your competitive landscape is important from "summary" of Business Model Generation by Alexander Osterwalder,Yves Pigneur
In order to succeed in the marketplace, it is crucial for businesses to have a clear understanding of their competitive landscape. This means being aware of who your competitors are, what they offer, and how they position themselves in the market. By gaining insight into your competitive landscape, you can identify potential threats and opportunities that may impact your business. Understanding your competitive landscape can help you make informed decisions about your business strategy. By knowing what other players in the market are doing, you can better differentiate your offering and find unique ways to stand out. This knowledge can also help you anticipate changes in the market and adapt your business model accordingly. Moreover, keeping tabs on your compet...
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