Competitive Analysis Matrix: Identifying Business Strengths and Weaknesses, Study notes of Business

A competitive analysis matrix template to help businesses identify and analyze their top 5 strengths and top 5 weaknesses based on competitive factors such as location, selection, uniqueness, prices, quality, sales personnel, customer service, delivery, credit policy, marketing strategy, facility and atmosphere, public image, size, age of business, and other factors. By ranking your business and competitors for each factor, you can gain valuable insights to improve your business strategy.

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2021/2022

Uploaded on 08/05/2022

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Competitive Analysis Matrix
Use this matrix to help select and analyze your top 5 strengths (your numbers 1's) and top 5
weaknesses (your number 5's) in order to complete Item 8 above. First, rearrange the
Competitive Factors listed below in their priority of importance to your business. Then rank your
business as compared to other businesses on a scale of 1 (best business) to 5 (worst business) for
each Competitive Factor.
Competitive
Factor
My Business
Ranking
Competitor A
Ranking
Competitor B
Ranking
Competitor C
Ranking
Competitor D
Ranking
Location
Market Area
Selection
Uniqueness
Prices
Quality
Sales Personnel
Customer Service
Delivery
Credit Policy
Marketing
Strategy
Facility and
Atmosphere
Public Image
Size
Age of Business
Other (identify)
Other (identify)
pf2

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Competitive Analysis Matrix

Use this matrix to help select and analyze your top 5 strengths (your numbers 1's) and top 5

weaknesses (your number 5's) in order to complete Item 8 above. First, rearrange the

Competitive Factors listed below in their priority of importance to your business. Then rank your

business as compared to other businesses on a scale of 1 (best business) to 5 (worst business) for

each Competitive Factor.

Competitive Factor My Business Ranking Competitor A Ranking Competitor B Ranking Competitor C Ranking Competitor D Ranking Location Market Area Selection Uniqueness Prices Quality Sales Personnel Customer Service Delivery Credit Policy Marketing Strategy Facility and Atmosphere Public Image Size Age of Business Other (identify) Other (identify)

My Top 5 Strengths:

My Top 5 Weaknesses: