Tag: strategy
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What’s your competitive advantage in the market?
In the dynamic and often cutthroat world of business, having a competitive advantage is not just beneficial, it’s absolutely crucial for survival and success. A competitive advantage is the unique factor or set of factors that sets your business apart from the rest of the pack. It’s the special sauce that gives you an edge…
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When would you perform a SWOT analysis? How is it done?
A SWOT analysis is a strategic planning tool used by businesses and organizations to identify their strengths, weaknesses, opportunities, and threats. It provides a comprehensive overview of the internal and external factors that can impact the success of a project, product, or business. In this article, we will explore when it is appropriate to perform…
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Mastering SaaS Competitor Research Strategies
In the fast-paced world of Software as a Service (SaaS), understanding your competition is crucial. This article will delve into the importance of SaaS competitor research, competitor monitoring, and competitor tracking. We will explore how these strategies can help SaaS companies stay ahead of the curve and maintain a competitive edge in the market. Understanding…
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How To Identify and Mitigate Your Riskiest Business Assumptions
Every business is based on assumptions – about your product, your market, your team, your customers, and more. Some of these assumptions are riskier than others, and it’s important to identify which ones are most likely to trip you up. Here’s how to do it.” Every business is based on assumptions. Whether you’re a startup…
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Startup Product Strategy Guide + Example
What is a Product Strategy? A product strategy is a plan for how your company will grow and evolve over time. It’s an important part of any startup, but it can be tricky to get right. This guide explains why you need a successful product strategy and how to create the first version of this…