How to do competitors analysis in an animal feed business ?

Competitor analysis in an animal feed business involves several steps:

First, identify your main competitors. These could be local, national, or international companies that offer similar products or services.

Next, analyze their products. What types of animal feed do they offer? What are the ingredients? What are the prices? How do they market their products?

Then, evaluate their strengths and weaknesses. This could involve their financial stability, their reputation, their distribution network, their customer service, etc.

Also, understand their strategies. How do they attract customers? What are their sales tactics? What are their future plans?

Finally, monitor their activities regularly. This could involve following their social media accounts, subscribing to their newsletters, attending industry events, etc.

Remember, the goal of competitor analysis is not to copy your competitors, but to find ways to differentiate your business and offer better value to your customers.