Marketing APA, Inc.

Analysis - Planning - Action

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Articulate Your Goals
Examine Your Strengths
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Competitive Analysis
 
This section is often the easiest one to leave short. Too often we hear "I just ignore the competition and build the best product. The customers will tell me how I stand." But it may be too late if and when the message is actually delivered and heard.
 
A good competitive analysis includes:
  • Product SWOT's
  • Product pricing and positioning
  • Product market shares by segment
  • Personnel  and organizational evaluation
  • Deduced strategic plan and/or response to an attack
 

 

 SWOT

                                                                                                      

 Strength Weakness Opportunity Threat

 

Objectivity is key in this area of analysis.

 Strategy

                                                                                                        

We need to answer the question - how will the competition respond to our strategy and our business plans?