Top 10 Competitive Analysis Templates for Growth Marketers

Competitive analysis allows growth marketers to understand their market position relative to competitors, identifying opportunities for improvement and growth. A Competitive Analysis template streamlines this process by providing a structured way to assess competitors, evaluate market trends, and strategize accordingly. Before diving into creating your own Competitive Analysis template, exploring existing templates can offer insights and a head start on organizing your competitive intelligence efforts.

What Should Competitive Analysis Templates Include?

Choosing the right competitive analysis template can significantly streamline your market research and strategic planning. Here’s what to look for in an effective template:

  1. Market Overview - This component should provide a comprehensive view of the industry, including market size, growth rates, and trends. It's essential for understanding the playing field.

  2. Competitor Profiles - Detailed profiles of key competitors, including their market share, strengths, weaknesses, and recent strategies. This helps in identifying direct threats and opportunities.

  3. Customer Segmentation - A section dedicated to analyzing the target audience by segments, which can help tailor your marketing strategies effectively to different groups.

  4. SWOT Analysis - A structured assessment tool that helps identify and compare the Strengths, Weaknesses, Opportunities, and Threats facing competitors in your industry.

With these components, a competitive analysis template becomes a powerful tool for gaining insights and crafting strategies that can lead to a sustainable competitive advantage.

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 Metrics: Avoid templates that include too many intricate metrics which can complicate analysis and dilute focus on key competitive factors.

  2. Non-Customizable Fields: Templates that do not allow customization can limit your ability to tailor the analysis to specific industry or market needs.

  3. Irrelevant Competitor Information: Ensure the template does not prioritize irrelevant data, which can clutter the analysis and obscure actionable insights.

Selecting a template that avoids these pitfalls will enhance your ability to effectively analyze and respond to competitive dynamics.

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.

In partnership with .

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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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5Business Model Canvas

Business Model Canvas Template for Notion & FigJam
The Business Model Canvas splits a business model into 9 areas and invites you to brainstorm how your business will capitalize on each. Whether you're starting up a new business or trying to understand an existing one, the Business Model Canvas will help you map it out.

The Business Model Canvas is ideal for quick thinking and brainstorming with sticky notes, so grab your team and start thinking about:

Value Proposition. What does the business offer to meet the needs of its customers? What distinguishes it from its competitors? Is it something innovative? Price? Quality?

Key Activities. What does the business do to execute its value proposition?

Key Resources. What resources does the business have to give it an edge? People? Knowledge? Assets?

Key Partners. Does the business have any complimentary partnerships or relationships? Joint ventures or strategic alliances?

Customer Segments. Who are the customers? A niche market or mass appeal? Multiple different segments? Multi-sided market?

Customer Relationships. What sort of relationship will the business have with its customer segments? High touch sales? Self-service? Community-based?

Channels. What channels will the business use to get its value proposition to its customers? Marketing? Partnerships? Online or physical?

Cost Structures. How will the business expenses be structured? Fixed costs and variable costs? Economies of scale? Minimize costs or maximize value?

Revenue Streams. How will the business make money from its customers? Selling something? Subscription fees? Advertising?

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6SWOT 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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7Competitor 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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8Competitive 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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9Competitor 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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10Notion 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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Closing Thoughts

Utilizing these templates can streamline your market analysis, allowing you to quickly identify competitors' strengths and weaknesses. This clarity can significantly enhance strategic planning.

By adopting these tools, you're not just keeping pace; you're staying ahead. Implement them to refine your marketing strategies and drive substantial growth. Don't hesitate to put these insights into action today!

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's products or services against their competitors, based on relevant criteria to the target market.

What is a Share of Voice?

Share of Voice refers to the analysis of the brand's visibility in the marketplace compared to its competitors, often measured across advertising, content, and media presence.

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