Question

competitor analysis example

competitor analysis example

Homework Answers

Answer #1

Competitor analysis is the analysis of strength and weakness of your opponents compared to those of your business.

You*ube iTu*es S*otify
Type Website Music Database App Music Database And Streaming App
Need An account Yes(For Advance Features) Yes Yes
Accessible without internet No Yes Yes(For music in user library)
Take space on computer No Yes No
Listen New song for free Yes No Yes
Navigate through by album art N/A Yes No
Have a list of favourites Yes Yes Yes
Find related songs Yes No Yes
See Top trending Songs No Yes Yes

So, in the above example the strenght of You*ube is that it don't take space on computer

Whereas iT*nes is accessible without internet

And,In s*otify we can save and download as well as listen to music online.

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