startup-stack

Competitor Profile

One file per competitor worth understanding properly. The summary row goes in stack/03-market/market.md; the detail lives here.

Profile the ones you would lose to, not the ones you beat easily. A competitive analysis full of companies you are better than is a comfort exercise.


Basics

Name
Website
Founded
Headquarters / where they operate
Size — staff, revenue if known
Funding
Type☐ Direct ☐ Incumbent doing it badly ☐ Adjacent platform ☐ Informal alternative ☐ New entrant ☐ Doing nothing

What they sell

ProductPriceTo whomNotes

Where the prices came from: [their site / a quote you requested / a customer told you / a shelf you looked at]

Actual observed prices only. A price you assumed is worse than a blank.

How they sell

Channels
Marketing
Where they are strong
Where they are absent
Positioning, in their own words

Why customers pick them

[ ]

Say it generously. If you cannot make a genuine case for choosing them, you have not understood the market — and you will lose to the reason you did not write down.

Why customers leave them

[ ]

From reviews, forums, from customers you have spoken to, or from trying the product yourself. Not from assumption.

Have you actually tried it?

Bought / used it?
What was good
What was bad
What surprised you

Buy the competitor's product. Order it, receive it, use it, contact their support. An afternoon and a small amount of money buys you more than any amount of desk research — and it is regularly how founders discover that the well-marketed rival has terrible fulfilment, which is the gap they should be attacking.

Where you win, where you lose

ThemYou
Price
Quality
Speed
Reliability
Range
Distribution
Brand and trust
Support

The customer who should correctly choose them: [be specific — a real profile, a real situation]

The customer who should correctly choose you: [ ]

If those two answers are the same person, your positioning is not finished.

Threat level

Immediate threat☐ High ☐ Medium ☐ Low
Threat in 24 months☐ High ☐ Medium ☐ Low
What would change that

Watch for: [what they would have to do for this to become urgent — enter your city, drop their price, add your feature, raise a round]

Notes

DateWhat changed

Check quarterly. Set a reminder. Competitors change price and positioning quietly, and finding out from a customer is the expensive way.


The two you probably have not profiled

The incumbent doing it badly. Often large, sometimes government or heavily subsidised, product genuinely worse than yours — and given away free or near-free. Free-and-bad beats good-and-paid more often than founders expect, and you cannot out-price free. Work out what makes someone pay anyway.

The adjacent platform. The bigger player one step away who could add what you do in a quarter, to an audience they already have. Especially acute in software, where large AI ecosystems now absorb narrow use cases quickly. If your entire product could be a feature inside something your customers already use, that is worth knowing now — and it is a reason some founders are better served building something a platform cannot absorb.

Generated from worksheets/competitor-profile.md in the repository. Edit the markdown, not this page.