Discover key insights using our Template Competitor Analysis. Uncover competitors' strengths, weaknesses, market shares, strategies, and customer feedback to gain an edge.
1
Identify key competitors
2
Define scope of analysis
3
Collect data on competitors' products or services
4
Investigate competitors' market shares
5
Analyze competitors' sales methods and pricing strategies
6
Observe the competitor's content marketing
7
Evaluate the strength and weaknesses of competitors' online presence
8
Review competitors' customer feedback and satisfaction levels
9
Review competitors' advertising and promotional strategies
10
Assess the strengths and weaknesses of competitors
11
Approval: Competitors' strategy analysis
12
Compile data into a competitive analysis report
13
Identify opportunities and threats
14
Determine strategic implications
15
Approval: Manager
Identify key competitors
In this task, you will identify the key competitors in your industry. By identifying these competitors, you will gain a better understanding of the competitive landscape and be able to measure your company's performance against them.
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Direct Competitor
2
Indirect Competitor
3
Potential Competitor
Define scope of analysis
The scope of analysis helps to determine the boundaries of your competitor analysis. In this task, you will define the specific areas or aspects of your competitors that you want to focus on.
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Products
2
Services
3
Market Share
4
Sales Methods
5
Pricing Strategies
6
Content Marketing
7
Online Presence
8
Customer Feedback
9
Advertising Strategies
10
Promotional Strategies
11
Strengths
12
Weaknesses
13
Opportunities
14
Threats
15
Strategic Implications
Collect data on competitors' products or services
To gain insight into your competitors' products or services, it is important to gather data. In this task, you will collect information about your competitors' offerings.
1
Product Features
2
Pricing
3
Quality
4
Variety
5
Customer Reviews
Investigate competitors' market shares
Understanding your competitors' market shares can provide valuable insights into their performance and market positioning. In this task, you will investigate and analyze your competitors' market shares.
1
Market Share Percentage
2
Market Share Trends
3
Competitor Ranking
Analyze competitors' sales methods and pricing strategies
Analyzing your competitors' sales methods and pricing strategies can reveal opportunities for improvement in your own approach. In this task, you will analyze how your competitors approach sales and pricing.
Observe the competitor's content marketing
Analyzing your competitors' content marketing efforts can provide insights into their messaging, targeting, and engagement strategies. In this task, you will observe and evaluate your competitors' content marketing activities.
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Blog Posts
2
Social Media Content
3
Email Campaigns
4
Whitepapers
5
Case Studies
Evaluate the strength and weaknesses of competitors' online presence
Assessing your competitors' online presence can help identify areas where they excel or fall short. In this task, you will evaluate the strengths and weaknesses of your competitors' online presence.
Review competitors' customer feedback and satisfaction levels
Understanding your competitors' customer feedback and satisfaction levels can provide insights into their customers' experiences. In this task, you will review and analyze your competitors' customer feedback and satisfaction levels.
1
Customer Reviews
2
Ratings
3
Testimonials
4
Surveys
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Highly Satisfied
2
Satisfied
3
Neutral
4
Dissatisfied
5
Highly Dissatisfied
Review competitors' advertising and promotional strategies
Analyzing your competitors' advertising and promotional strategies can help identify effective techniques and emerging trends. In this task, you will review and analyze your competitors' advertising and promotional strategies.
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Print Advertising
2
Online Advertising
3
Television Commercials
4
Social Media Ads
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Highly Effective
2
Effective
3
Neutral
4
Ineffective
5
Highly Ineffective
Assess the strengths and weaknesses of competitors
Assessing the strengths and weaknesses of your competitors can provide valuable insights into their performance and areas of improvement. In this task, you will assess the strengths and weaknesses of your competitors.
1
Brand Reputation
2
Product Quality
3
Market Positioning
4
Customer Loyalty
5
Innovation
1
Customer Service
2
Pricing
3
Supply Chain
4
Marketing Strategy
5
Online Presence
Approval: Competitors' strategy analysis
Will be submitted for approval:
Identify key competitors
Will be submitted
Define scope of analysis
Will be submitted
Collect data on competitors' products or services
Will be submitted
Investigate competitors' market shares
Will be submitted
Analyze competitors' sales methods and pricing strategies
Will be submitted
Observe the competitor's content marketing
Will be submitted
Evaluate the strength and weaknesses of competitors' online presence
Will be submitted
Review competitors' customer feedback and satisfaction levels
Will be submitted
Review competitors' advertising and promotional strategies
Will be submitted
Assess the strengths and weaknesses of competitors
Will be submitted
Compile data into a competitive analysis report
In this task, you will compile all the gathered data and analysis into a comprehensive competitive analysis report. The report will provide an overview of your competitors' strengths, weaknesses, opportunities, and threats.
Identify opportunities and threats
Identifying opportunities and threats can help shape your company's strategic decisions. In this task, you will identify potential opportunities and threats based on the analysis of your competitors.
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Trends
2
Market Gaps
3
New Product/Service Ideas
4
Partnerships
1
Emerging Competitors
2
Market Saturation
3
Regulatory Changes
4
Economic Downturn
Determine strategic implications
Determining the strategic implications of your competitive analysis can guide your company's actions and decision-making. In this task, you will identify the strategic implications based on the findings of your analysis.