difference between direct and streat
Answers
Direct competitors are companies who sell their products or services to the specific market you are competing in. These companies are mostly those who employ business plans and strategies that your company uses and most likely will sell products or offer services to your target market which your company provides as well.
Indirect competitors, on the other hand, are companies that do not necessarily affect your competition directly, but they target a portion of the market you compete in or other markets similar to yours. These companies target mostly the minority of your market who turns to them to satisfy the market’s particular demands, rather than turning to your company. Though your indirect competitors may do a similar service or product as your company, they don’t necessarily have all the services or business plans that a direct competitor may have.