Why should you be careful about monitoring competitors?
- Your competitors can tell when you’re monitoring them, and they may get offended and retaliate.
- It’s easy to get consumed with competitive intelligence and lose sight of your unique strategy and customer.
- Competitors aren’t the only reason people don’t buy your product or service.
- Competitive intelligence is best used for highly competitive markets only.
The correct answer is:
- It’s easy to get consumed with competitive intelligence and lose sight of your unique strategy and customer.
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