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MARKET & COMPETITIVE INTEL
COMPETITIVE PLAN

"When you’re playing a great game of chess, there are two things to keep in mind: the board and your opponent. As I study my opponent’s moves, I can see he has a weak pawn on his right side."

- Bobby Fischer, former World Chess champion

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Market segment analysis of competitors:

For each of your named competitors, we find for each of them - their strong market segments of adoption. For each competitor, we find the countries or regions, industries and company size segments where they have a large concentration of clients.

We now take a unified view of two distinct sets of market data:

1. Market segments we identified as being attractive

2. Market segments where each of your named competitors is strong

Next up, we would need to understand which of the competitors is strong from a user satisfaction perspective. This would give us a judgment on which competitors are:

1. Too strong - should ideally avoid competing with them proactively

2. Moderately strong - we could avoid trying to replace them as incumbents. However, we could effectively compete with them in a competitive situation

3. Not adequately strong - we could effectively compete with them in competitive situations, as well as try to dislodge them where they are incumbent vendors

Combining the above, we shall get:

1. List of attractive segments

2. List of segments where competitor penetration is high and are hard to compete with

3. List of segments where competitor penetration is high and are relatively easier to displace

Regional strategy - Competitor Sales

For shortlisted countries/regions, we try to determine for competitors:

  • Presence of Salespeople

  • Presence of Account managers

  • Presence of Partnership managers

  • Presence of Consultants

  • Presence of Customer Success managers

 

Regional strategy - Competitor Marketing

For shortlisted countries/regions, we try to determine for competitors:

  • Presence of marketing managers

  • Online Ads - countries of focus for Premium Online Ads

  • Internationalization:

    • Product internationalization

    • Languages supported by the website

Offering highlights: MARKET & COMPETITIVE PLAN
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Download a 1-page sheet on Market & Competitive Plan offering here:

Letter from the Founder of Smart GTM: 

Connect with Founder of Smart GTM: 

  • LinkedIn

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KAPIL GARG
Founder & Data-driven GTM Strategist
kapil@smartgtm.com

+91 78384 66668

THE  DATA-BACKED  INDEPENDENT GO-TO-MARKET  ADVISORY
FOR  ENTERPRISE  SOFTWARE  COMPANIES

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