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Why should you be careful about monitoring competitors?

Below is the answer and explanation for why should you be careful about monitoring competitors?

Why should you be careful about monitoring competitors?

  • Your competitors can tell when you’re monitoring them, and they may get offended and retaliate.
  • It’s easy to get consumed with competitive intelligence and lose sight of your unique strategy and customer. âś…
  • Competitors aren’t the only reason people don’t buy your product or service.
  • Competitive intelligence is best used for highly competitive markets only.

Correct answer

It’s easy to get consumed with competitive intelligence and lose sight of your unique strategy and customer. ✅

The above answer is related to HubSpot social media marketing certification. You can find all the updated questions and answers related to HubSpot social media marketing certification exam on the “Social media marketing certification answers” page. If you find any error or update in question or answers, do comment below and let us know. We will update the answers as soon as possible.

Learn more about HubSpot inbound marketing certification exam: https://academy.hubspot.com/courses/social-media/

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