Question: Why is it important to analyze the competition when planning a marketing or sales message? There must be a greater understanding of audience needs. Psychographics

Why is it important to analyze the competition when planning a marketing or sales message?
There must be a greater understanding of audience needs.
Psychographics and demographics are less relevant.
Less time will be spent gaining the attention and interest of the audience.
The message will likely compete with messages from competitors.
Customers will be more interested in benefits instead of selling points.
 Why is it important to analyze the competition when planning a

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