Description.
See an example of competition overview → here
👉 Key description
- Category: (competitor or analogous)
- Target market: (Type of customer targeted, type of industry targeted, example of clients)
- Value proposition: (2 sentence, 1 for the client, 1 for the user)
- Strengths: (3 sentences, market, customer, technology...) (see below)
- Weaknesses: (3 sentences, costs, competitive position,...) (see below)
- Opportunities: (3 sentences, penetration, cultural change, partnership,...) (see below)
- Threats: (3 sentences, increased competition, regulation change, shift in trends,...) (see below)
- Revenue model: (name of the business model used (see startup matrix), pricing strategy)
- Solution: (type of product, devices, features)
🃏 Category
Identify where does the competition stand: