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Competitive Analysis Chart: Business Item What To Do Your Company

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Competitive

BUSINESS ITEM WHAT TO DO YOUR COMPANY

Complete your competitor profile and a


profile for your three most important
competitors. Try to get as much of the
OVERVIEW & PROFILE following information as possible.

Think about what makes your company


different than your competitors. Next, do
the same thing for your three
competitors. If you’re struggling, pick up
the phone and give your competitors a
call – just ask them! Go one step further
and actually talk to their customers.
COMPETITIVE ADVANTAGE
Identify who your target market is (if you
don’t already know) and then do some
research on your competitors to see who
their target market is. A good place to
start would be their website and looking
at their advertising campaigns.
TARGET MARKET
This may be more challenging to get this
data, but you can make a judgment based
of some factors such as how many store
locations they have, how many social
media followers are in their networks,
how many stores their product is found
MARKET SHARE in.

Write down your current marketing


strategies and any you have in the
pipeline. Now get moving and see what
your competitors are doing – give them a
call, do some research on their site – do
whatever you can to become more
familiar with their strategies.
MARKET STRATEGY
Rate your company then your
competitors on a consistent scale of 1-10
when it comes to your product or service
and how customers respond to it. Look
for peer reviews or online reviews for this
information
PRODUCTS & SERVICE
Answer all these questions about your
company and your competitors. Pricing is
an observable source so you should be
able to get most of the answers by
looking at your competitors offerings.
PRICING & COST
Look at your company’s and your
competitor’s distribution channels – how
many channels and intermediaries are
being used? Do they spend more time in
front of the clients?
DISTRIBUTION CHANNELS

This part of your overall SWOT analysis


for your company and your competitors.
Identify the strengths that your company
STRENGTHS and your competitors face.

This part of your overall SWOT analysis


for your company and your competitors.
Identify the strengths that your company
WEAKNESS and your competitors face.

This part of your overall SWOT analysis


for your company and your competitors.
Identify the strengths that your company
OPPORTUNITIES and your competitors face.

This part of your overall SWOT analysis


for your company and your competitors.
Identify the strengths that your company
THREATS and your competitors face.

© Daymond On Demand, 2017


petitive Analysis Chart
COMPETITOR #1 COMPETITOR #2 COMPETITOR #3

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