Guidelines for Utilizing Competitive Analysis Templates

• 1. Identify Key Competitors: Clearly define the main players in your market. Use the template to outline their identities, strengths, weaknesses, and market positioning to inform your strategy.
• 2. Evaluate Market Trends: Use the template to document current market trends. Understanding these trends helps predict future developments and potential competitive actions.
• 3. Showcase Your Unique Strengths: Leverage the template to highlight what differentiates your business. Focus on your strengths compared to competitors to capitalize on market opportunities.