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I chuckle when clients insist they’re using the “latest” digital marketing agency in Saudi capital approaches but haven’t updated their methods since 2022. The online environment has evolved dramatically in just the past few months.
The most successful Saudi brands recognize that customers don’t distinguish in terms of mediums. My investment client experienced a 76% improvement in prospects after we connected their once separate touchpoints.
For a high-end retailer, we discovered that image and temporary channels substantially exceeded traditional networks for connection and purchases, resulting in a intentional redistribution of effort that increased total results by 167%.
When I launched my e-commerce business three years ago, I was sure that our special products would sell themselves. I dismissed competitor analysis as superfluous – a mistake that almost ruined my entire company.
Powerful publication characteristics:
I spend at least 120 minutes each week analyzing our competitors’:
I now employ several resources that have dramatically enhanced our competitor analysis:
I use a simple tracker to record our competitors’ rates modifications weekly. This has helped us to:
I recommend classifying competitors as:
Current platform adoption in Saudi Arabia:
Recently, I witnessed as three similar businesses invested heavily into developing their business on a certain social media platform. Their attempts failed spectacularly as the medium turned out to be a mismatch for our sector.
Start by mapping ALL your competitors – not just the well-known ones. Throughout our investigation, we found that our most significant threat wasn’t the well-known company we were tracking, but a recent startup with an innovative model.
Half a year into operations, our sales were disappointing. It wasn’t until I accidentally a detailed report about our market sector that I realized how oblivious I’d been to the business environment around us.
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