Skip to main content

Understanding Users and Markets

Tools and Techniques for Competitive Analysis

0:00
LearnStep 1/2

Competitive Analysis Tools

Tools and Techniques for Competitive Analysis

Porter's Five Forces

plaintext

Analyzing Each Force

ForceHigh When...
New EntrantsLow barriers, low capital required
Supplier PowerFew suppliers, switching costs high
Buyer PowerMany options, low switching costs
SubstitutesMany alternatives, similar performance
RivalryMany competitors, slow growth, high exit costs

Competitive Intelligence Tools

  • SimilarWeb: Website traffic and sources
  • SEMrush/Ahrefs: SEO and advertising analysis
  • BuiltWith: Technology stack detection
  • Crunchbase: Funding and company info
  • Owler: Company news and insights

Competitive Battlecard Template

plaintext

Ongoing Monitoring

  • Set up Google Alerts for competitors
  • Follow on social media
  • Subscribe to newsletters
  • Review their product releases
  • Talk to customers who evaluated them