5 steps for conducting app competitor analysis I App Snacks week #24
Hey there!
Are you looking to launch a new app or enhance your existing one? Understanding your competitors is a crucial step in developing a winning app marketing strategy. Conducting a thorough competitor analysis enables you to identify market trends, spot gaps in the industry, and discover opportunities for growth.
Here are 5 essential steps to consider while performing a comprehensive app competitor analysis:
?? Step 1: Define your mobile app competitors?
?? Step 2: Get to know your app competitor's store listing?
?? Step 3: Analyze the marketing performance of your mobile competitors
?? Step 4: Uncover app competitor's keyword strategy
?? Step 5: Set up app competitor monitoring
?? Remember, the mobile app market is one of the most fast-growing industries! Therefore, in order to stay updated with the latest trends, new competitors, and innovations in your industry, it is crucial to conduct competitor analysis on a regular basis.?
By following these 5 steps, you'll gain a comprehensive understanding of your app competitors, enabling you to make informed decisions and refine your app's value proposition. Learn how to conduct app competitor analysis with App Radar ?? watch tutorial!
Cheers,