Question:
What is market mapping and what is it used for?
Author: Calum Heanue 1Answer:
Market mapping is the process of using a graph to plot competitors and their products to understand competitor behaviour and spot a gap in the market . It also allows a business to see who their competition will be and what other products and services are available in the same sector
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![Market mapping is the process of using a graph to plot competitors and their products to understand competitor behaviour and spot a gap in the market . It also allows a business to see who their competition will be and what other products and services are available in the same sector](https://markdown.memory.com/eq_uploads/1181166/question_image_b1918942-e5b3-43c6-b4dc-f570f8d6926f.jpg)
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Calum Heanue 1![Calum Heanue 1](https://markdown.memory.com/eq_uploads/1181166/question_image_545c899d-3897-48b7-a92c-052106aa0e11.jpg)