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How to build a competitive analysis report with examples and tools

Sprout Social

Rather than make assumptions, use your report to make data-driven calculations of how your business compares in terms of market share, customers, messaging and differentiation. Compare your product offerings Compare your product to your competitors for quality, price, customer service and other areas to reveal your differentiators.

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Competitor mapping: The benefits and how to create your own

Sprout Social

For example, monitoring competitive benchmark data can help you set realistic goals and metrics. Comparing your product to your competition highlights areas to improve whether it’s adding additional features or using better quality materials. For example, if your brand is launching a new product, one focus area could be price.

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The Beginner's Guide to the Competitive Matrix [Template]

Hubspot

By doing this, you' ll learn your place in the market, how to differentiate yourself from your competition, and how to improve on their processes. Below, let' s learn what a competitive matrix is, and review some templates and examples. SWOT analysis. Two-Feature Competitive Landscape Chart. SWOT Analysis Template.

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Product Launch Marketing Strategy Guide for B2B Marketers

Launch Marketing

Whether it is using a SWOT analysis or Porter’s Five Forces, there are several ways to analyze all aspects of a competitor. This element of the marketing strategy helps outline who the competition is and what needs to be done to differentiate the new product. This is where competitors come into play.

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Competitive monitoring: tracking the competition to stay ahead

Sprout Social

By keeping an eye on your competitors’ activities, you can learn from their wins and losses, develop foolproof strategies, better position your products and differentiate your brand. For example, you might anticipate a new product launch or business merger before it actually happens. Maybe you need to share more engaging content.

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How to gain a competitive advantage by analyzing marketing initiatives by competitors

Sprout Social

For example, if you run a B2B CRM software company that sells to small and medium-sized businesses, a CRM for enterprise clients would be your indirect competitor. For example, a Google search for “makeup brands” highlights a few of the world’s leading makeup companies. Take stock of the different kinds of content they’re producing.

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How to Build a Sales Territory Plan with a Buyer-Centric Approach

Zoominfo

Free Trial 3 Steps to Build a Laser-Focused Sales Territory Plan Let’s work through this with an example in mind: cloud-connected storage as the solution. Take the example of a company selling a cloud storage solution: Many CIOs have mandated a “cloud-first” strategy to their IT organization.

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