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MindPal offers a comprehensive 4-step workflow for conducting competitive analysis. This structured template helps businesses gain a deep understanding of their market and competitors, leading to informed business decisions.
The workflow consists of the following steps:
- **Identify Top Competitors:** Discover the key players in your market and understand their strengths and weaknesses.
- **Analyze Competitors with SWOT:** Research the top 5 competitors and identify their strengths, weaknesses, opportunities, and threats to inform your strategy.
- **Understand Market Trends & Regulatio
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