Research your competition
It is important to know your competition to truly understand where you stand so that you can determine the profitability of the market. Understanding your competitors will enable you to identify market gaps and fill the gap.
You’ll get to establish your unique value proposition and determine whether the market is oversaturated or not. Knowing your competitors will give you an idea of how to outrank them by studying their strengths and weaknesses. Competitor analysis and monitoring your performance will help you be well-equipped with making improvements along the way.
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Identifying the skills needed for the future
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Creating a culture of continuous learning
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