Table of Contents
- 6 Steps to Make Competitive Analysis
- 12+ Competitive Analysis Templates
- 1. Competitive Analysis Chart Template
- 2. Competitive Analysis Template
- 3. Product Competitive Analysis Template
- 4. Website Competitive Analysis Template
- 5. Marketing Competitive Analysis Template
- 6. Free Competitive Analysis Template
- 7. Resource Competitive Analysis Template
- 8. Business Competitive Analysis Template
- 9. Competitive Analysis Report Template
- 10. Basic Competitive Analysis Template
- 11. Simple Competitive Analysis Template
- 12. Simple Competitive Analysis Template
- 13. Sample Competitive Analysis Template
12+ Competitive Analysis Templates
A company’s marketing plan, its strategies, its rate of success all depends on how well they can analyze the competitors in the market and can make procedures better than them. Even in one’s personal life, it is essential that one analyzes and identifies one’s competition and take positive motivation from them to make themselves better. Competitive analysis is thus something one should absolutely employ in their own life, personally or professionally to emerge successfully, improve, an develop better.
6 Steps to Make Competitive Analysis
The competitive analysis thus lies in identifying the strengths and weaknesses of your competitors, develop such strategies that will keep away competition from your own path and come out with plans that give you an automatic advantage over your competitors. The steps to drafting a successful competitive analysis sheet are:
Step 1: Know Your Competition
It is a fool’s work to think that the competitors are weak. Know your competition well. In business, make a detailed record of the competitor’s product or service summary. Do your research well.
Step 2: Compare the Strategies
Get to know the strategies if they are doing well. Try to get the upper hand by contributing something more to the procedure.
Step 3: Know the Market
Before you know the competitor knows the market well. It is essential that your service or product is in keeping with the market.
Step 4: Study and Get Expert Opinion
Study and get an opinion from others as to how to develop strategies better from the competitor. Learn how to do analysis from samples and case studies.
Step 5: List Everyone
It is essential that you understand that the most successful competitor is not the only competitor. List all that are emerging as competitors. List their product summary, their advantage strategy and then develop your own better than others.
Step 6: Know the Target
It is very important that competitive analysis includes target analysis as well. Know your client, your customer well before you start making products or offering service to them. Once you know your target well, it will be easier to develop strategies successfully.
12+ Competitive Analysis Templates
1. Competitive Analysis Chart Template
Company competitive analysis is extremely important. You must know how to analyze the market and the competition emerging from it before you even think of starting a successful business plan. This competitive analysis template in google docs is just the perfect thing for you. It comprises of a sample overview, objectives, competitive analysis chart, product summary, financial data, and marketing strategies of a certain market. If you are keen to start a business on your own, you must get hold of this template right now.
2. Competitive Analysis Template
This competitive analysis template in Word is blank and generalized, which is the best thing about it. You can have an analysis sheet formatted with exactly your requirements just waiting for you to fill up its details. Download the competitive analysis sheet and just modify the headings and sub-headings according to your specific requirement. Download a perfectly prepared competitive analysis sheet and develop an error-free, corrected formatted competitive analysis sheet now.
3. Product Competitive Analysis Template
It is extremely important in a competitive market, to analyze the products of the competitive allies. This product analysis template in pages is prepared with all the guidelines and the correct layout to draft product analysis sheets. It will tell you where and how to record the data of the other products to analyze it with your own’s. Now get an extra advantage than others in the products that you launch with this perfectly build product analysis sheet.
4. Website Competitive Analysis Template
Brand protection, brand advertisement, engagement, marketing, etc are the most important features to notice when you analyze your competitor’s website. Download this website social media competitive analysis we have prepared for you already and know what features are to be recorded in the sheet and in which order to perform a perfect analysis of the website your competitors have launched. Download now!
5. Marketing Competitive Analysis Template
Marketing analysis is something essential prior to doing any business. This competitive market analysis template teaches you how to analyze the market, on the whole, its economic factors, its fluctuations, etc. Before you make a decision whether you want to invest in that business or not. Download this template now and learn how to do analysis in a market and take decisions wisely!
6. Free Competitive Analysis Template
This competitive pricing analysis template is available now for free. Download the sample business analysis sheet to know what features and components it comprises. Make your own business analysis sheet in its lines and get your competitive analysis sheet built in the simplest and most importantly error-free version.
7. Resource Competitive Analysis Template
The competitive analysis must comprise a major section that includes analyzing the resources of a competitive company. Once you are aware of the resources they are using, it will be easier for you to develop and access your resources better than before. Read this competitive landscape analysis sample on how resource analysis is done in the competition now. Hurry!
8. Business Competitive Analysis Template
This small business competitive analysis is on analysis of the business market. Read how business market analysis is done and learn why it is important. This highly-instructive template will teach you all about market analysis in business, and before you know, you will be prepared to perform an analysis of the market efficiently. Make wiser choices and enlighten your knowledge using this restaurant competitive analysis template now!
9. Competitive Analysis Report Template
Company or business analysis does not necessarily have to follow a specific format. The grid format cited in this small business competitive analysis is also a wise way to do an analysis of the market. The grid format helps you note and score your allies on the basis of different meters of analysis. Now you will easily know what strategies to borrow from which company and what walls you need to build to keep out competition. Download now and put to use this unique format now to record and analyze data more accurately!
10. Basic Competitive Analysis Template
This basic analysis template is for computer programming analysis in a competitive world. In the world of IT and programming, it is essential that one knows how to analyze the programs others are developing for healthy competition and positive motivation. This template is highly instructive and contains information on how you can do it better than others. Get this template now and get your knowledge about programming more polished and learn analysis at the same time.
11. Simple Competitive Analysis Template
This simple competitive analysis template is a sample of a company’s approach to competitive analysis. The template shows how a certain date and target is set to analyze the market. This is followed by setting the minutes and topics of discussion regarding the market analysis. Get to know the correct approach and procedure of market analysis from this template now!
12. Simple Competitive Analysis Template
This simple competitive market analysis matrix format is blank and downloadable in PDF. Recording data in grid format is always wise since it helps to take down information accurately. Moreover, all the necessary information with regards to analysis can be noted without missing out on any. Download the template now and use it!
13. Sample Competitive Analysis Template
This is a project-specific competitive gap analysis of the market by a highly successful company. Note how they have taken up a certain topic for analysis. The aim is to develop it better themselves by analyzing what the others are doing. The scope of the meeting, the comparison points, etc. are all decided prior to the meeting. Download and learn how competitive market analysis along with customer analysis is done professionally by successful firms. Hurry!