Letterhead
{{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}}
Signature Block
________________________
{{your_name}}
{{your_title}}
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