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Competitor Analysis Worksheet

This worksheet guides SMEs through a structured competitor analysis, helping them identify key competitors, assess their strengths and weaknesses, and pinpoint opportunities and threats in the market.

Updated 16d ago
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{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Competitor Analysis Worksheet

Date: {{date}}

1. Identify Your Competitors

List your top 3-5 direct and indirect competitors. Consider those offering similar products/services, targeting the same customers, or solving the same customer problems.

**Competitor 1 Name:** {{competitor_1_name}}

**Competitor 2 Name:** {{competitor_2_name}}

**Competitor 3 Name:** {{competitor_3_name}}

2. Analyze Competitor Offerings

For each competitor, detail their key products/services, pricing strategies, and unique selling propositions.

**Competitor 1 - Products/Services:** {{competitor_1_products}}

**Competitor 1 - Pricing:** {{competitor_1_pricing}}

**Competitor 1 - USP:** {{competitor_1_usp}}

**Competitor 2 - Products/Services:** {{competitor_2_products}}

**Competitor 2 - Pricing:** {{competitor_2_pricing}}

**Competitor 2 - USP:** {{competitor_2_usp}}

3. Marketing and Sales Strategies

Examine how your competitors market and sell their offerings. Consider their online presence, advertising, and distribution channels.

**Competitor 1 - Marketing Channels:** {{competitor_1_marketing}}

**Competitor 1 - Sales Approach:** {{competitor_1_sales}}

**Competitor 2 - Marketing Channels:** {{competitor_2_marketing}}

**Competitor 2 - Sales Approach:** {{competitor_2_sales}}

4. Strengths and Weaknesses

Identify the key strengths and weaknesses of each competitor relative to your own business.

**Competitor 1 - Strengths:** {{competitor_1_strengths}}

**Competitor 1 - Weaknesses:** {{competitor_1_weaknesses}}

**Competitor 2 - Strengths:** {{competitor_2_strengths}}

**Competitor 2 - Weaknesses:** {{competitor_2_weaknesses}}

5. Opportunities and Threats

Based on your analysis, identify market opportunities you can leverage and potential threats posed by your competitors.

**Opportunities for My Business:** {{opportunities}}

**Threats to My Business:** {{threats}}

6. Actionable Insights

What key takeaways can you derive from this competitor analysis? How will this inform your business strategy?

{{actionable_insights}}

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________________________

{{your_name}}

{{your_title}}

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