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startup,business model,competitive analysis

deeksha3ddeeksha3d Posts: 3subscriber Member
hi,i am working on a startup like TripAdvisdor,
i'm preparing my business model and i need to know
 "How to do competitive analysis?" 

Comments

  • Darcie HemenwayDarcie Hemenway Posts: 2subscriber Member
    It sounds good if you are opening a site like TripAdvisor. Competitive analysis refers to unique features that you offer as compared to your competitor. Means why is your business is worthy as compared to your rival etc. 
  • Diana.kasimDiana.kasim Posts: 23subscriber Bronze Level Member
    You take all your direct and indirect competitors like tripadvisor, google reviews, foursquare and others and compare their strengths and weakness like User interface, services they provide, target and etc. 
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