Top 10 Free Competitive Analysis Templates

A competitive analysis is a way of understanding your position in the market and identifying opportunities for growth. It helps you stay ahead of the competition by tracking pricing, products, and trends. A competitive analysis template can streamline this process, allowing you to focus on the insights rather than the structure.

Before you start creating your own competitive analysis, check out these competitive analysis templates on Notion to help make it easier.

What Should Competitive Analysis Templates Include?

Choosing the right competitive analysis template can streamline your strategic insights and enhance your market understanding. Here's what to look for in a top-notch template:

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

  2. Competitor Benchmarking: Effective templates will facilitate direct comparisons with competitors on aspects like pricing, product features, and market share.

  3. SWOT Analysis: Look for templates that include a structured approach to identifying strengths, weaknesses, opportunities, and threats related to competitors.

  4. Customer Insights: A section dedicated to gathering information about customer demographics, preferences, and feedback can provide a competitive edge.

Selecting a template that offers detailed, actionable insights will help you better navigate the competitive landscape.

What Should Competitive Analysis Templates Avoid?

When selecting a competitive analysis template in Notion, it's essential to be aware of certain features that might hinder rather than help. Here are three key components to steer clear of:

  1. Overly Complex Structures: Templates with too many layers and subcategories can complicate the analysis process, making it difficult to extract actionable insights quickly.

  2. Non-Customizable Fields: Avoid templates that don't allow you to modify fields and categories. Flexibility is key in adapting the template to fit specific industry needs and focus areas.

  3. Excessive Use of Automation: While some automation can improve efficiency, too much can obscure critical thinking and unique insights. Choose templates that balance automation with manual input.

Choosing the right template involves avoiding these pitfalls to ensure that your competitive analysis is both thorough and practical, providing clear and actionable insights.

1Competitive Analysis

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

A template preview for Competitive Analysis

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.

In partnership with .

A template preview for Feature market analysis

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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A template preview for Competitor Analysis

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.

A template preview for Competitive Positioning Framework

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?

A template preview for Business Model Canvas

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.

A template preview for SWOT Analysis

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.

A template preview for Competitor Battlecards

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.

A template preview for Competitive Analysis Template

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).

A template preview for Competitor UX analysis

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.

A template preview for Notion Competitor Monitoring Template

Closing Thoughts

Utilizing these templates allows you to streamline your competitive analysis process, ensuring you stay ahead in your market. They provide a structured way to gather and analyze data efficiently.

Start implementing these tools today to enhance your strategic insights and make informed decisions. Embrace the clarity and foresight they offer to outpace your competition.

What is Market Positioning?

Market positioning refers to the strategic process of establishing a brand or product in a specific market segment, aiming to make it distinguishable from competitors.

What is Share of Voice?

Share of Voice measures the amount of the market your brand owns compared to your competitors, often analyzed through advertising, social media presence, or other visibility metrics.

What is SWOT Analysis?

SWOT Analysis is a framework used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or business venture, crucial for strategic planning in competitive analysis.

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