Competitors Analysis Template
The competition is inevitable and you need to know it well before you can make any profits in the industry.
Competitors analysis template. Go to file make a copy. Show where you fit in the competitive landscape. 2 3 strengths and weaknesses of the competition. If you re still not quite sure how to start laying out your template for a competitive analysis here s a free competitive analysis template you can work from to get the ball rolling.
3 competitive analysis examples. Examine your competitor s website customer experience. 6 types of competitors and making a competitor analysis. Above all using a template guarantees that your primary efforts are put toward gathering and evaluating information not into deciding what criteria to study and how to format notes.
The level of detail you include in each section of your competitive analysis report will vary depending on the stage of your business growth and your goals. 2 2 product summary of your competitors. 4 top questions to ask. A competitive analysis template helps ensure that you store captured information.
Brands that are your current competitors or in a similar space. Simply copy it to your own google drive or you can download the spreadsheet to work through. Once you have defined the vision for your product and the customer problem you are solving it is essential to understand the other companies in your market. A competitor analysis is an important part of your business plan.
It can also ensure that analysis is consistent from year to year. In the spreadsheet i like to divide the factors into collapsable sections yes these do get pretty lengthy. A competitor analysis templates is a research or study done by a company to assess their competitors so they can plan and create processes that can give them a competitive advantage. You can successfully analyze the competition in 6 steps.
The competitor analysis template is perfect for deriving a perfect strategy on how to beat the competition. Competitor analysis includes the identification of the strengths and weaknesses of business competitors and the strategies that the company may use to assure that it can manage to surpass the items that make their. Brands you wish you could compete with the nikes apples and bmws of your industry. 5 competitor analysis templates.
Use a competitor analysis template for a professional look and feel. As part of your free 30 day free trial. Get the template now. Free competitor analysis templates.
Now that you have a comprehensive list of your competitors it s time to start the actual analysis. 2 key elements of a competitive analysis template 2 1 a complete list of all your competitors. 2 4 the outlook of the market. As you go through the process feel free to use this google sheets template i ve created.