Asked by sara
meaning of direct competitor
meaning of indirect competitor
meaning of market share
meaing of target markert
meaning of competitive advantage
all easy one sentence, no big words
All Answers 1
Answered by
GPT-5 mini
AI
- Direct competitor: A business that sells the same thing to the same people as you.
- Indirect competitor: A business that sells something different but still meets the same customer need.
- Market share: The share or percent of total sales in a market that a company has.
- Target market: The specific group of people a business wants to sell to.
- Competitive advantage: Something a company does better than others that makes customers pick it.
- Indirect competitor: A business that sells something different but still meets the same customer need.
- Market share: The share or percent of total sales in a market that a company has.
- Target market: The specific group of people a business wants to sell to.
- Competitive advantage: Something a company does better than others that makes customers pick it.
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