Product Sense
The ability to intuitively understand what makes a product successful, including market needs, user experience, and competitive landscape.
95 topics found for
“competitive analysis”
Game Theory
A mathematical framework used to analyze strategic interactions where the outcomes depend on the actions of multiple decision-makers.
Benchmark Testing
The process of comparing design metrics to historical performance, competitive standards, or industry best practices to identify areas for improvement.
Cannibalization
The reduction in sales of a company's existing products due to the introduction of a new product by the same company.
Benchmarking
The practice of comparing performance metrics to industry bests or best practices from other companies.
Abandonment Rate
The percentage of users who start but do not complete a desired action, such as completing a form or purchasing a product.
Competitive Intelligence
The process of gathering and analyzing information about competitors to inform business strategy and decision-making.
PESTEL Analysis
A strategic framework used to analyze the external macro-environmental factors affecting an organization: Political, Economic, Social, Technological, Environmental, and Legal.
Distinctive Competence
A unique capability that sets an organization apart from its competitors, providing a competitive advantage.