Competitor Analysis

 

Companies which want to achieve success need profound understanding of their competitors. In this regard, the Competitor Analysis investigating the competitor landscape will be fully tailored to your needs. The identification of direct and indirect competitors, analysis of their positioning, strengths and weaknesses, as well as of their products and services provides a sound basis for the optimization of your company’s corporate strategy. The knowledge of the competitors’ strategies and motivations enables our clients to predict future behaviors and to proactively position themselves in a certain target marketplace.

Key aspects of our Executive Profile Service

Identification

Identification of the direct and indirect competitors and the selection of the top competitors based on your criteria

Positioning

Based on (relevant) revenues, customer target groups, number of employees, geographic focus, strategy, R&D expenditures of main competitors

Strategy

Analysis of strategic moves, customers, as well as of development of the top competitors which in turn allows to derive evaluations of pros and cons alongside an assessment of future developments

Profile

Creation of competitor profiles of selected companies including service and product portfolio, strategic moves, management, customer references, company locations etc.

Multi-level approach delivers the best possible project results

You can obtain a detailed picture of the chosen person through the combination of secondary and primary data. The relevant information which is based on a variety of existing data from studies, databases, press reports, and company annual reports is collected and presented according to management needs. The specific questions which were not answered during the secondary survey are then primarily evaluated through expert interviews and surveys with a suitable scope.

Methodology

Briefing

During an elaborate initial meeting we define your individual requirements for the project and discuss actions, milestones, interim presentations and final delivery

Secondary Research

We conduct research in databases, press archives and our knowledge management tool for relevant information, followed by a thorough combination and consolidation of the results

Expert Interviews

Supplementary validation of our information and hypotheses through interviews with experts from industry, industry consortiums, and correspondents

Project Completion

Presentation and discussion of our results via a personal phone call or on site. Upon request the results can be presented in front of a larger group and followed by a discussion about next steps. Another aspect of importance is to ensure smooth communication flows during the project implementation

Your Benefits

  • On-point project results based on your specific needs
  • Reliable and close collaboration
  • Comprehensive expertise in the Market Intelligence field
  • Stable and long-term collaborative partnerships
  • Bespoke service approach

BACKGROUND INFORMATION ON COMPETITOR ANALYSIS

BACKGROUND INFORMATION ON COMPETITOR ANALYSIS

Competitor Analysis is used to identify the main competitors on a specific market and evaluate their strategies, strengths and weaknesses. With this analysis companies can compare their products or services with similar ones on the market and detect their competitive advantages.

Furthermore, Competitor Analysis can provide companies with a clearer understanding of the marketplace conditions within the industry they are considering to enter.

Through our custom-tailored approach based on our clients’ requirements, we offer a comprehensive analysis with a focus on the competitor’s portfolio, strategic moves, geographic focus, customers and similar aspects. In addition to this, the analysis can help you to evaluate your strengths and weaknesses in comparison to main competitors. This can be of crucial importance for marketing and strategic decisions.

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