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directcompetitor

 

Definitions from the Web

Direct Competitor


Definition:

A direct competitor refers to a company, product, or service that offers similar products or services and targets the same customer base as another company.



Examples:

As a Noun:

Our company's direct competitor in the smartphone market is XYZ Corp.

Amazon and eBay are direct competitors in the online retail industry.

As a Verb:

To gain an advantage in the market, our strategy is to directly compete with our main competitor.

By actively direct competing against similar streaming platforms, Netflix has secured its position as a market leader.


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