A Competitor Analysis Excel Template-20 is a comprehensive, customizable Microsoft Excel spreadsheet that provides an organized, systematic way to compare and analyze competitors in a given marketplace. It helps to quickly identify both current and potential competitors, and compare them on a variety of criteria such as financial performance, product features, market share, customer loyalty, and pricing. This template provides a comprehensive view of the competitive landscape, enabling businesses to better understand their position in the market and develop strategies that will help them to stay ahead of the competition.
Using the Competitor Analysis Excel Template-20 is straightforward and easy. The template is pre-populated with a list of competitors and their market share data, which can be edited and updated as needed. Once the list is updated, users can compare competitors on a variety of criteria, including financial performance, product features, market share, customer loyalty, and pricing. The template also provides a graphical representation of competitor market share, calculates projected market share based on existing and future business strategies, and generates an overall “heat map” of the competitive environment. Finally, the template provides suggestions for further analysis and strategies.
The Competitor Analysis Excel Template-20 provides many benefits to businesses. It helps to quickly identify current and potential competitors, and compare them on a variety of criteria, allowing businesses to better understand their position in the market and develop strategies that will help them to stay ahead of the competition. The template also provides a comprehensive view of the competitive landscape, including a graphical representation of competitor market share, and generates an overall “heat map” of the competitive environment. Finally, it provides suggestions for further analysis and strategies.