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what are direct competitors? 0000 other businesses that sell the same or similar products or services that a company sells other

Question

What are direct competitors? 0000 Other businesses that sell the same or similar products or services that a company sells Other businesses that have the same or similar revenue Other businesses that sell products that are different from a business but are similar enough that their products could satisfy the same need Other businesses that have the same or similar investors

Answer

3.9 (301 Votes)
Verificación de expertos
Scarlett Professional · Tutor for 6 years

Answer

Other businesses that sell the same or similar products or services that a company sells

Explanation

Direct competitors are businesses that offer the same or highly similar products or services to the same market segment. These competitors vie for the same customer base and are often compared based on factors such as price, quality, location, and service.