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Identify your company's unique value by learning how to define and segment your competition.
- 1: What it means to define and segment competition 05:22
- 2: Indirect Competition 03:36
- 3: Wallet Share 02:59
- 4: The Competitive Binder 05:09
- 5: You must have competition 04:10
- 6: Too much competition 03:07
- 7: Nutrition Bar Market Case Study 04:33
- 8: Worshop - Define and Segment Your Competition 04:29
Contrary to popular belief, your business should have plenty of competitors. Thriving competition shows you’ve pinpointed a viable market. Defining and segmenting your competitors helps you better articulate your company’s unique value, while reassuring investors that your offerings will fill an existing need others recognize as an opportunity.
In this course, we’ll delve deep into the competition, with strategies for identifying and evaluating competitors and classifying them to discern where opportunities lie to fill gaps in the market.
You will learn:
- Why do I need competitors?
- Which companies are my competitors?
- What if I can’t find any competitors — or what if my company has too many?
- Which categories do my competitors claim?
- How can I identify opportunities within those segments?
About Your Instructor
Ken Burke, founder and CEO of The EntrepreneurNOW! Network, is a speaker, serial entrepreneur, mentor, and author. Ken founded MarketLive, a market-leading, enterprise class eCommerce software platform used by major merchants generating $2b in online sales through the platform. He sold MarketLive to Vista Equity Partners in 2016. Ken authored the book, “Intelligent Selling: The Art and Science of Selling Online,” as well as hundreds of industry articles. He earned his MBA in Entrepreneurship from University of Southern California -Marshall School of Business, which later awarded him the honor of Entrepreneur of the Year.
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Reed courses certificate of completion
Digital certificate - Included
Will be downloadable when all lectures have been completed
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