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by sillydude 6669 days ago
I think it is important to pay attention to the market in an effort to better understand who your core customers are and anticipate their future needs. In doing so, you create early opportunities to differentiate yourself which makes it easier to compete. It's not just about raw numbers and figures, often these figures don't exist yet in new markets.

RivalMap (previously Competitious) is an excellent tool that helps us organize and discuss market analysis in our startup. There is a free edition for 3 users and I think they are adding news soon too.