How competition monitoring can improve your business
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How competition monitoring can improve your business

Even if a company has great internal strategies, they can still be threatened by outside forces from competitors. If a restaurant serves the best tasting spaghetti in the whole city they may feel their business should be booming. They have the best product, don’t they? The problem is they are not aware that a smaller restaurant downtown serves spaghetti for half the price and has a customer loyalty program.