Best 10 Competitive Analysis Templates for Digital Marketers

Competitive analysis enables digital marketers to understand their market position relative to competitors. By examining competitors' strengths and weaknesses, marketers can identify opportunities for growth and differentiation. A Competitive Analysis template streamlines this process by organizing data and insights in a structured format, making it easier to perform in-depth comparisons and strategic planning.

Before diving into creating your own Competitive Analysis, consider exploring these templates below to simplify and enhance your approach.

What Should Competitive Analysis Templates Include?

Choosing the right competitive analysis template can streamline your market research and enhance your strategic decisions. Here are key components to look for in an effective template:

  1. Market Overview: This section should provide a comprehensive view of the industry, including market size, growth trends, and key players. It sets the stage for deeper analysis.

  2. Competitor Benchmarking: Essential for comparing your business against competitors on various aspects such as pricing, product features, and market share.

  3. SWOT Analysis: Look for templates that facilitate a detailed Strengths, Weaknesses, Opportunities, and Threats analysis for a clear strategic direction.

  4. Customer Segmentation: A good template will help you identify and analyze different customer groups, understanding their specific needs and behaviors.

Selecting a template with these components will ensure you have a robust tool for navigating competitive landscapes effectively.

What Should Competitive Analysis Templates Avoid?

Choosing the right competitive analysis template is crucial for effective market strategy development. However, certain features can detract from the template's utility. Here are three key components to steer clear of:

  1. Overly Complex Layouts: Templates with too many sections or complicated designs can be confusing and hinder the quick retrieval of information.

  2. Irrelevant Metrics: Avoid templates that include metrics not directly relevant to your industry or business goals, as they can dilute the focus of your analysis.

  3. Static Content Fields: Steer clear of templates that do not allow customization. Dynamic fields that can be tailored to specific needs are essential for a thorough analysis.

Remember, the best template is one that simplifies data analysis and enhances strategic clarity, not one that overwhelms you with unnecessary details or rigid structures.

1Competitive Analysis

Track and stay ahead of competitors operating in your market. Edit individual items to add notes, screenshots, etc. about each competitor.

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2Feature market analysis

Quickly and elegantly identify differences between your product and primary competitors when it comes to features. Always have a sense of the market and where different players are innovating.

This can also help your sales team understand at a glance where they have opportunity to point out your product's unique advantages.

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3Competitor Analysis

Make sure your entire company understands your competitive landscape, where you're best in class, and where you still have room for growth. This is very helpful for keeping urgency high.

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4Competitive Positioning Framework

Use this table to quickly compare your brand or company to the competitors in your industry and develop differentiated solution/benefit statements, core differentiators, category(s), and market position. Take a look at incumbents and well-established competitors as well as emerging disruptors and innovators in your space. You might also consider comparing your company to complementary brands—brands your customers may already be loyal to or use in conjunction with your product, such as an integration.

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5SWOT Analysis

The template guides you through a systematic evaluation of Strengths, Weaknesses, Opportunities, and Threats associated with your project or initiative. also aids in the development of effective strategies to accomplish your goals. Through a clear understanding of the internal and external factors affecting your situation or idea, you can build a robust strategic plan that maximizes your strengths, addresses your weaknesses, leverages available opportunities, and mitigates potential threats.

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6Competitor Battlecards

Knowing your competition is one key to success. With this Competitor Battlecards template, you can see the landscape, know your positioning, and set your company up to win.

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7Competitive Analysis Template

A competitive analysis is an assessment of our competitor’s products & services to evaluate their strengths and weaknesses in comparison to ours. This template focuses on UX/UI analysis of competitors' products.

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8Competitor UX analysis

UX competitive analysis focuses on evaluating and comparing the user experience elements of competitors' products or services, like navigation, information architecture, visual design, content quality, usability, and overall user satisfaction.

In this process, you'll create a list of competitors (check out a competitor page), examine their features compared to yours (feature audit), look at how users interact with their product and what challenges they face (UX analysis), and put together a visual board for inspiration from their design choices (benchmarking).

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9Notion Competitor Monitoring Template

Our Notion Competitor Monitoring Template will allow you to jumpstart your competitive analysis without starting from scratch. This template contains four pages including a SWOT Analysis, a competitor Kanban board, guiding questions, and a 100+ resource database. Stay ahead of your competition and start using competitor insights to your advantage.

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10Etsy Business Comparative / Competitive Analysis

This template provides a condensed comparative analysis, presenting key data points for a side-by-side evaluation of entities or businesses within the same niche in the context of competitive analysis. Relevant data such as Original Price, Discount, Listing Age, Tags or Keywords, Cancellation Accepted, Ad, Star Seller, Sales, Listings, Reviews, Social Channels, and more have been pre-defined. Items are grouped per Category (or Product) as shops usually sell products of different categories. You may add properties such as Shipping, Custom Order and other info that you may find helpful.

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Closing Thoughts

Utilizing these templates streamlines the process of gathering and analyzing competitor data, allowing for quicker strategic adjustments. This efficiency can significantly enhance your market positioning.

By adopting these tools, you not only save time but also gain deep insights that could lead to a competitive edge. Start implementing these templates today to refine your marketing strategies and achieve better outcomes.

What is a SWOT Analysis?

SWOT Analysis is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or business venture.

What is a Market Positioning Map?

A Market Positioning Map is a visual tool that displays the positioning of a company or product relative to its competitors, based on dimensions important to the target market.

What is a Share of Voice?

Share of Voice measures the amount of the market your brand owns compared to your competitors, often used in digital marketing to assess brand visibility and influence.

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