Compare yourself to other market players

[sharminakter]

If you pay attention to the corresponding ads, you can notice that they did not meet the intent, as they do not present an offer. However, if you look at the latest ad, you can see that Coinbase is offering $5 for buying BTC.

This then raises an important question: why have they now decided to offer a discount?

Knowing where you stand in relation to your competitors will help you understand how to compete and what your strategy should be.

Benchmarking can help to:

Identify the areas you need to improve to be competitive and grow.
Highlight issues arising from a decline in your ivory coast telegram number database performance that is inconsistent with market conditions.
Identify competitor performance slumps that you can take advantage of.
See trends emerging that you can quickly exploit.
Spot any competitors moving towards your position and take quick action to counter them.
There are several charts and tools in Semrush that rely on benchmarking, but one of the best is Semrush's Market Explorer.Trends.

We've already talked about the Growth Quadrant. It's great for seeing at a glance where you stand relative to your competitors. Its real benefit is that it allows you to monitor who is emerging in your market and who could pose a potential threat:

market explorer tool
Any competitor in the Game Changer section (Gemini.com) should be examined to analyze what is contributing to its rapid growth. Above, we can see that Coinbase is an established market leader, so its strategy is likely defensive rather than disruptive or risky.

[yadaysrdone]

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