I'm building a fictional women's strength and wellness startup from the ground up, treating it as if it were a real client engagement.
If the market is worth investigating, the next question is harder:
What would make a new entrant worth choosing?
After looking at the US market in Part 2, I'm turning to the competitive landscape. Not just a list of competitors.
I want to understand what customers can already choose from, who those solutions are designed for, and what each brand is asking customers to believe.
What problems are already being solved well?
Where are brands competing for the same customer?
Which needs are being addressed differently by different types of businesses?
And where do I see tensions, gaps or underserved needs worth investigating further?
Because a crowded category doesn't automatically mean there is no opportunity.
But it does mean "we'll do the same thing, for women" isn't a strategy.
The goal of this stage is to understand what a new entrant would have to do differently to earn attention, relevance and ultimately a place in the market.
Part 3: The Competitive Landscape
The company is fictional. The market research won't be.
#GTMStrategy #GoToMarket #CompetitiveAnalysis #MarketResearch #WomensWellness