Competitive Analysis
Project scope
Categories
Market research Product or service launch Marketing strategySkills
competitive analysis marketing target audience web analytics sales paragraphsNumber of individual students required: any
OR
Number of students required to work in team: any
It’s important for us to have a better understanding of how our target audience perceives our brand and competitors. We want to develop clarity on our competitive advantages and optimize our marketing strategy.
This project will include:
- An identification of our current competitors in the UK market
- An identification of potential future competitors (eg. a large company in a similar industry who may enter the space)
- The creation of a matrix identifying features shared across the companies and those that are different.
- A summary of 2-4 paragraphs describing our competitive advantages and disadvantages relative to the competition identified. This could be done in the form of a SWOT analysis.
We will give you access to organizational assets to support this project such as personnel, website analytics, sales and brand collateral, and more. We can suggest names of competitors to research.
Objective
We hope to gain a comprehensive understanding of the competitors in our space and how we can differentiate ourselves through our product/service offering, and our messaging.
I can be available 4 hours per week to develop & support the project/team as appropriate, weekends are also possible
About the company
We are a Wellness food supplement brand focusing on supporting individuals that want to maximise their lives.