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Creating a product that differentiates itself in the market is a key strategy that leads to brand growth, but this element is not as simple as it sounds.
First you have to look at your competition to know what you're dealing with, but how do you go about this?
This can be done through competitor research, knowing what similar brands are doing and their strategies for growth and retention will help you learn about the market.
There are numerous sources beneficial for finding competitors, and these sources can provide insight into what’s working for a brand, whether it's ads, their websites, trending products, or more.
Stay tuned as we discuss media platforms useful for researching brands and how to navigate them.
If you’d like to learn more about Trend) and our influencer marketing platform for influencers and brands visit trend.io). You can also follow us for tips on growing your following and running successful campaigns on Instagram) and LinkedIn).
Mentioned Links:
Facebook ads library: https://www.facebook.com/ads/library/)
Nextbrand trending brands: https://www.nexttbrand.com/)