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Competitor analysis template word

Here’s a complete, ready-to-build Competitor Analysis Template for Microsoft Word. You can copy this structure directly into a document and start using it today.


📋 STEP 1: Document Setup (2 minutes)

  1. Open Word → Create New Document
  2. Set margins to "Narrow" (0.5") to fit comparison tables
  3. Create a header with your company name + "Competitor Analysis [Date]"
  4. Save as: Competitor-Analysis-[YourCompany]-[Date].docx

🎯 STEP 2: The Template Structure

Copy and paste the sections below into your Word document. Use Tables (Insert → Table) where indicated for side-by-side comparisons.

Section 1: Competitor Overview

Create a 4-column table: Competitor | Website | Market Share | Threat Level

Competitor NameWebsite/LocationEst. Market ShareThreat Level (High/Med/Low)
Direct Competitor: [Name][URL][% or "Unknown"][Level]
Indirect Competitor: [Name][URL][% or "Unknown"][Level]
Emerging Threat: [Name][URL][% or "Unknown"][Level]

Filling instructions:

  • Direct: Sells exactly what you sell to the same people
  • Indirect: Solves the same problem differently
  • Emerging: New player or adjacent market mover

Section 2: Product/Service Comparison Matrix

Create a 5-column table with your features as rows

Feature/CriteriaYour CompanyCompetitor ACompetitor BCompetitor C
Core Offering[Your solution][Their solution][Their solution][Their solution]
Price Point$[Your price]$[Their price]$[Their price]$[Their price]
Key Differentiator[Your unique value][Their angle][Their angle][Their angle]
Quality/Features[Your tier][Basic/Premium][Basic/Premium][Basic/Premium]
Customer Support[Hours/Channels][Their support][Their support][Their support]
Target Audience[Your persona][Their persona][Their persona][Their persona]

Pro tip: Shade your company column in light green for quick visual reference.


Section 3: Marketing & Positioning Audit

Use bullet points under these headers for each competitor

Competitor A: [Name]

  • Tagline/Positioning: "[Their headline]"
  • Primary Channels: [Where they advertise/market]
  • Content Strategy: [Blog frequency, video, podcasts, etc.]
  • Social Presence: [Follower counts, engagement rate estimates]
  • SEO Keywords: [Top 3 keywords they rank for - use Ubersuggest or Ahrefs free version]
  • Messaging Tone: [Professional/Casual/Technical/Playful]

Competitor B: [Name]

  • [Repeat structure above]

Section 4: SWOT Analysis (Per Competitor)

Create a 2x2 table for each major competitor

Competitor: [Name]

StrengthsWeaknesses
• [What they do better than you]• [Gaps you can exploit]
• [Resources/assets they have]• [Customer complaints you see in reviews]
OpportunitiesThreats
• [Market shifts that favor them]• [How they could hurt you]
• [Partnerships/acquisitions]• [Your vulnerabilities to their strengths]

Section 5: Pricing Strategy Breakdown

Create a simple comparison chart

Pricing Tiers:

  • Your Company: [X](Tier1)/[X] (Tier 1) / [Y] (Tier 2) / $[Z] (Tier 3)
  • Competitor A: [X]/[X] / [Y] / $[Z]
  • Competitor B: [X]/[X] / [Y] / $[Z]

Pricing Insights:

  • Discount strategies: [Coupons, annual prepay, etc.]
  • Hidden fees: [Setup costs, support tiers]
  • Value-adds: [Free trials, onboarding, extras]

Section 6: Strategic Action Plan

This is the most critical section—turn analysis into action

Immediate Actions (Next 30 Days)

  • [Specific tactic to counter Competitor A's strength]
  • [Feature to emphasize where Competitor B is weak]
  • [Content gap to fill based on their keyword success]

Medium-term Strategy (3-6 Months)

  • [Pricing adjustment or packaging change]
  • [New channel to explore based on their success]
  • [Partnership or feature development priority]

Competitive Advantages to Amplify

  1. [Your unique strength vs. all competitors]
  2. [Customer service differentiator]
  3. [Technical/operational advantage]

🔍 STEP 3: Data Gathering Checklist

Before filling out the template, gather intel from these sources:

Free Research Tools:

  • Website: Their site, pricing pages, FAQ sections
  • Reviews: G2, Capterra, Trustpilot, Google Reviews, Yelp
  • Social: LinkedIn company pages, Facebook Ad Library (see their active ads), Instagram
  • SEO: Google "site:competitor.com [keyword]" to see their content strategy
  • News: Google Alerts for their company name

What to screenshot and paste into Word:

  • Their homepage hero section (shows current positioning)
  • Pricing page (shows revenue model)
  • Top-performing blog posts (shows content strategy)

💡 STEP 4: Analysis Framework

Once filled out, answer these three questions in a text box at the bottom of your document:

  1. Where are we vulnerable? [Where could they take our customers?]
  2. Where are they vulnerable? [Where can we steal market share?]
  3. What's the whitespace? [What need is nobody serving well?]

✅ Next Steps to Maximize This Template

To make this actionable immediately:

  1. Start with 3 competitors max—don't overwhelm yourself. Pick your biggest threat, your closest alternative, and one "aspirational" competitor (bigger than you).

  2. Schedule updates—Add a calendar reminder to review/update this document quarterly. Save new versions as Competitor-Analysis-Q1-2024, etc.

  3. Share strategically—Distribute to sales teams (for objection handling), product teams (for roadmap input), and marketing (for messaging differentiation).


Quick questions to customize this for your specific situation:

  1. What industry are you in? (I can suggest specific metrics to track—SaaS needs different data than retail or services)
  2. Is this for a specific product launch or ongoing monitoring? (I can adjust the template for project-specific competitive intel)
  3. Do you need this for a presentation or just internal strategy? (I can add formatting tips for converting to PowerPoint or shareable PDFs)

Which section would you like me to expand on first, or would you like me to tailor this template for a specific type of business (e.g., e-commerce, B2B software, local service business)?