What Is the Difference Between Direct and Indirect Competitors?
The so-called indirect competitors are similar enterprises or enterprises producing substitutes that have certain differences from the basic conditions of the enterprise. These rivals usually target the market of the main enterprise and have the same or similar value evaluation, but sell different products.
Indirect competitors
Right!
- Chinese name
- Indirect competitors
- Foreign name
- no
- Come from
- Replacement of new products with old products
- Features
- Threatening
- The so-called indirect competitors are similar enterprises or enterprises producing substitutes that have certain differences from the basic conditions of the enterprise. These rivals usually target the market of the main enterprise and have the same or similar value evaluation, but sell different products.
- Performance of indirect competitors
- Indirect competitors are mainly manifested in products or services that have certain differences or alternatives. Indirect competitors usually come from other industries, replacement of new products with old products, etc. [1] . For example, the semiconductor industry threatens the competition of the vacuum tube industry. Another example is an indirect competitive relationship between a French restaurant and a restaurant serving Italian cuisine.
- Since indirect competitors are most easily overlooked, they are very threatening [1] .