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Research and Draft a Competitive Analysis

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Research and Draft a Competitive Analysis

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Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

5 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

5 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Identify the fundamentals of competitive analysis and benchmarking.

  • Interpret and apply market research insights to practical problem solving.

  • Communicate clearly comprehensive competitive analysis reports.

  • Evaluate and strategically apply competitive analysis.

Details to know

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Assessments

4 assignmentsΒΉ

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Taught in English

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  • Earn a shareable career certificate

There is 1 module in this course

This is a comprehensive course designed for curious business analysts, innovative marketing managers and strategic planners who aspire to go above and beyond in a competitive marketplace.

This course guides learners in the intricate world of competitive analysis, equipping you with the skills to understand market dynamics and stay ahead of your competitors. Imagine you’re a small coffee shop owner and a trendy cafΓ© opened just a few blocks away. Panic sets in. How will your cozy shop survive? In this course, you'll learn the art and science of conducting thorough market research, gathering critical data and drafting acute competitive analysis reports. These skills will enable you to uncover hidden opportunities and craft strategies that position your business for success. This course is ideal for aspiring entrepreneurs, start-up founders, business strategists, product managers, and business students. It also suits business leaders, owners, marketing professionals, brand strategists, and business analysts. Additionally, project managers, strategic planners, business development executives, content creators, sales executives, and business consultants will find it valuable. No prior experience in strategic management is required. However, a basic understanding of business concepts and management, along with interest in marketing, communications, and market research, is beneficial. Basic report writing skills, familiarity with product and service management, and a willingness to learn and apply new concepts are recommended. By the end of this course, you will be able to identify the fundamentals of competitive analysis and benchmarking. You will gain skills to interpret and apply market research insights for practical problem-solving. Additionally, you will develop the ability to communicate comprehensive competitive analysis reports and strategically apply competitive analysis in decision-making.

This is a comprehensive course designed for curious business analysts, innovative marketing managers and strategic planners who aspire to go above and beyond in a competitive marketplace. This course guides learners in the intricate world of competitive analysis, equipping you with the skills to understand market dynamics and stay ahead of your competitors.

What's included

15 videos5 readings4 assignments1 peer review

15 videosβ€’Total 101 minutes
  • Introduction to the Course & Meet Your Instructorβ€’4 minutes
  • What is Competitive Analysis? β€’10 minutes
  • Importance of Competitive Analysis β€’9 minutes
  • Relevance of Competitive Analysis in Today's Business Landscape β€’9 minutes
  • Conducting Effective Market Research β€’7 minutes
  • Tools and Techniques for Market Research - Overview of Market Research Methods β€’6 minutes
  • Collecting and Analyzing Market Data β€’8 minutes
  • Report Structuring and Writing - Key Components of a Competitive Analysis Report β€’9 minutes
  • Best Practices in Report Writing β€’7 minutes
  • Common Pitfalls and How to Avoid Them β€’5 minutes
  • Integrating Analysis into Business Strategy β€’7 minutes
  • Case Studies on Strategic Decision-Making β€’5 minutes
  • Developing Actionable Insights from Competitive Analysis β€’5 minutes
  • Summary - Conclusion and Main Takeaways β€’7 minutes
  • Congratulations and Continuous Learning Journeyβ€’4 minutes
5 readingsβ€’Total 25 minutes
  • Welcome to the Course: Course Overviewβ€’5 minutes
  • Sizing Up the Competition: How to Conduct Competitive Research β€’5 minutes
  • Effective Competitive Analysis Strategies: Tools and Case Studyβ€’5 minutes
  • Competitor Analysis Reports: Effective Documentation and Communicationβ€’5 minutes
  • Strategic Competitor Analysis: Outwitting and Outperforming Your Rivalsβ€’5 minutes
4 assignmentsβ€’Total 110 minutes
  • Research and Draft a Competitive Analysisβ€’20 minutes
  • Market Research Design for Competitive Analysisβ€’30 minutes
  • Professional Competitive Analysis Report Writingβ€’30 minutes
  • Strategic Expansion through Competitive Analysisβ€’30 minutes
1 peer reviewβ€’Total 60 minutes
  • [optional] Strategic Expansion through Competitive Analysis β€’60 minutes

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Frequently asked questions

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ΒΉ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.