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What is the purpose of comparing and contrasting your brand with competitors?
  • a)
    To determine the strengths and weaknesses of your own business.
  • b)
    To understand who your competitors are and what strategies they use.
  • c)
    To identify the unique value your brand provides.
  • d)
    To test the effectiveness of your brand positioning.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of comparing and contrasting your brand with compe...
The purpose of comparing and contrasting your brand with competitors is to determine the strengths and weaknesses of your own business. This analysis helps identify areas where your brand can differentiate itself and fill gaps in the market.
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What is the purpose of comparing and contrasting your brand with competitors?a)To determine the strengths and weaknesses of your own business.b)To understand who your competitors are and what strategies they use.c)To identify the unique value your brand provides.d)To test the effectiveness of your brand positioning.Correct answer is option 'A'. Can you explain this answer?
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