Michael Glasky
The primary objectives of this project were to:
Analyze key competitors' offerings, strategies, and market positioning
Research target customer segments, needs, behaviors, and buying criteria
Identify relevant industry trends and their potential impacts
Our approach involved a multi-pronged methodology leveraging both primary and secondary research tactics.
Competitive Analysis
Through extensive research of public information, product evaluations, and internal data sources, we profiled and analyzed seven key direct competitors and five indirect competitors in the market space.
The report provides in-depth competitor profiles covering:
Product/service offerings and roadmaps
Pricing models and packaging strategies
Marketing tactics and brand positioning
Target customer segments and geographic footprints
Strategic partnerships and channel strategies
A comprehensive competitive matrix was developed to compare the strengths, weaknesses, and differentiation of each competitor against the current and planned product lineup.
Customer & Market Research
To gain insights into target buyers, we conducted:
18 interviews with customers across three primary market segments
Analysis of third-party market research reports on core verticals
The key deliverables from this customer and market research include:
Three detailed buyer persona profiles for primary customer segments
Market sizing and opportunity analysis for each core segment
Buyer's journey maps outlining key stages and touchpoints
Perceptual mapping of how customers view different vendor options
Summary of Recommendations
The report concludes with a comprehensive set of actionable recommendations for the leadership team to consider as they refined the product roadmap, go-to-market strategy, and competitive positioning. These include:
Proposed positioning and key messaging pillars to differentiate the offering
Suggested product roadmap enhancements based on emerging customer needs
Recommendations on strategic partnership and channel opportunities
Proposals for adapting pricing/packaging model to align with industry shifts
Strategies for capitalizing on disruptions from key technology trends