How to Use Koalanda to Analyze Your Etsy Competitors
Analyzing the shops of your competitors on Etsy is a tried and tested method to stay current with the latest trends and, ultimately, to achieve success. While some sellers may view competitor research as akin to spying, it is in fact a legitimate and ethical business practice, commonly employed in both e-commerce and traditional retail. Effective competitor research allows you to learn from the successes and mistakes of other shops. Ultimately, this leads to better products and conditions for customers, which is a fundamental principle of how any free marketplace operates. There are several approaches to conducting competitor research. In this article, we will explain what these methods are, when to use them, and how to implement them effectively using…