Market Analysis

A man using a laptop with a graph and bar on the screen doing a market research

Market Analysis

Understanding your market and collecting essential competitive data are crucial steps in establishing yourself as a leader in your industry. If you’re unsure about how your prices, fees, occupancy rates, or amenities compare to your local competitors, now is the perfect time to uncover those insights.

We find that brands who attempt to gather this data on their own are either unable to gather robust data due to bandwidth constraints, or they unknowingly use industry terms that give away that they are a competitor researching their market. 

In contrast, our market analysis provides you with thorough data quickly and efficiently, gathered by experts who specialize in uncovering the right information for robust competitive intelligence.

When you have access to market data, you can easily see how your brand’s value compares to others. This helps you stay competitive and allows you to understand why your pricing, fees, and other factors might differ from your rivals, so you can proactively address pricing concerns with prospective customers.

Our competitor market analysis offers you significant advantages in three key ways:
Experienced Team
Experienced Team

We assign a team of skilled evaluators to your business, experts in gathering competitor data efficiently and dependably.

Identifying Opportunities
Identifying Opportunities

We show you easy-to-understand market data so your teams can determine how to address pricing or fee differences, giving you an edge in the market.

Fast Insights
Fast Insights

Our streamlined process ensures you receive quick insights. While other providers might take weeks or even months to compile data, our approach gives you swift access to valuable information.

Gain a competitive advantage: Combine Market Analysis and Competitive Mystery Shopping

Experience the combined power of market analysis data and comprehensive competitive mystery shopping. By delving deeper into your competitors’ operations, you gain invaluable insights into their customer experience, service quality, and overall strategy.

This synergy equips you with a holistic view of your competitive landscape, enabling you to fine-tune your approach and seize untapped opportunities.
Monitor and enhance your industry position through informed, data-driven decisions with our market analysis data, or combine it with competitive mystery shopping for rich strategic insights.
Contact us today to learn more about the tools your brand can leverage to stay ahead.
Request a complementary Mystery Shopper or CAP demo

Get in touch and tell us about your market analysis needs.

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Resources

5 Reasons to Conduct a Senior Living Competitive Analysis
5 Reasons to Conduct a Senior Living Competitive Analysis
Across the country, senior living facilities have reached record low occupancy rates as they’ve dropped to 78.7 percent in Q1 2021, an 8.7 point decline from a year ago. According to the NIC MAP Vision, ...
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Exploring Concerns and Considerations in the Senior Living Landscape: A Closer Look’s Independent Research
The senior living landscape is undergoing a significant transformation as the aging baby boomer generation continues to shape the demographic landscape. With the demand for senior living options on the rise, it is crucial for ...
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The ROI of Mystery Shopping
The ROI of Mystery Shopping
When considering Mystery Shopping for your business, you may ask yourself: How is this benefitting my bottom line? How will I know my customers are noticing a difference? Fortunately, the Return on Investment for Mystery ...
Continue Reading