Competitor Analysis Template
Download our free Competitor Analysis Template
Find out how you can improve your business strategies to increase efficiency, gain more customers, and beat out your competition with our free digital templates for businesses.
Competitor Analysis Template for Businesses
If you want to improve your business strategies, ensure your product or service stands out, and ensure you have a competitive advantage over others in your industry, then you need to get a better understanding of the competitors in your space through doing a competitor analysis.
Without knowing how your competition works and the ins and outs of their customer journeys, business strategies, marketing and sales tactics, and team culture as well, it’s likely that they could have processes in place that will influence a potential customer’s decisions to buy from them over you.
By doing a competitor analysis, you’ll be able to ward off competition, implement stronger strategies, and exceed industry standards. That’s why we at The Entourage want to offer you a Free Digital Competitor Analysis Template that you can complete anywhere and anytime with either just you, the business owner, or with your team as well.
Download your free Digital Competitor Analysis Framework below to see how you can ensure your business plan in 2022 is stronger than ever and stronger than your competitors too.
How Can A Competitor Analysis Help Your Business?
Benchmarking your business’s strengths and weaknesses against competitors, helping you spot where your opportunities are
Improve your business plan and strategy by better understanding why some customers choose competitors over your business
Learn how to better identify your unique value proposition to influence more customers to buy from you again and again
See where you can better serve customers by revealing industry gaps through a template created by business experts
How to Write A Competitor Analysis?
Download
Download The Entourag'es free Competitor Analysis Template & Framework in the links below
Explore
In your newly downloaded digital template, write down the competitors in your industry
Review
Review and analyse all 6 pillars of business in your competitors - Marketing, Sales, Product, Operations, Finance, and People
Analyse
Conduct and fill out a SWOT analysis on each section above - Strengths, Weaknesses, Opportunities, and Threats
Competitor Analysis Templates And Resources
Competitor Analysis
Do you know how well your product or service compares to that of your competitors'? Without a better understanding of how you compare, you may be missing out on opportunities to stand out and win over more customers.
Through competitor analysis, you'll be able to gain clearer insights into your industry, your customers, the strengths and weaknesses you can improve on and fill, all to become a leader in your vertical.
Find out where you can beat out your competitors by downloading our free Competitor Analysis template today.
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Frequently Asked Questions
Why is a competitor analysis important for a Business Plan?
Your business plan needs to ensure that you’re taking into consideration the outside market, especially with what your competitors are doing.
If you’re unsure of how your business is performing against your competition, it can be harder for you to ensure you put the right resources in the right places to maximise your growth in 2022.
That’s why this digital Competitor Analysis Template is so important for your business to do if you haven’t done one before or recently. Download your copy of our template for your business plan today.
Why is a competitor analysis important for a Marketing Plan?
If you’re finding it difficult to create a marketing plan that speaks to your customers in a way that makes sense, especially after getting all the right information on your competitors after downloading our Free Competitor Analysis Template, we would highly recommend you also download our Free Marketing Plan Template as well, to help take your business to the next level.
Why is it so important to understand your competitors?
By knowing exactly what areas your competitors are doing better or worse than you, you’ll be able to strategically plan out how to take more market share by improving your weaknesses and capitalising on your strengths.
The best way to do that is through a Competitor Analysis as it covers all areas of business that you should look at when analysing the industry.
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