Description

Competition Analysis is one of the most influential tools we have to understand the market by understanding what other companies who provide the same values to our potential customers are doing.
A comprehensive competitive analysis should include all aspects of product strategy, functionality and marketing activities. There are many tools to perform competitive analysis and this SVPM section will cover the most commonly used.

How To?

Identify competitive products and alternative solutions to your product. Collect as much information as possible about the other products. Use various methods to compare with your product, including e.g. SWOT, SVM. Define your positioning and differentiation.

Tools & Templates

Participants

Activity Types

Deliverables

Prerequisites Activities

Values, Segmentation

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Related Elements

Business Case

Build a financial model represent your chosen strategy. List Key Assumptions. Based on the business model and pricing generate a

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Target (segment)

In the segmentation process, we discovered and explored segments that, we found, are relevant for our product. The Target segment

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