Competitive Analysis

Closed
CaniBrands
Mississauga, Ontario, Canada
JM
VP of Marketing
(1)
3
Preferred learners
  • Anywhere
  • Academic experience
Categories
Market research
Skills
competitive analysis marketing target audience web analytics sales paragraphs
Project scope
What is the main goal for this project?

It’s important for us to have a better understanding of how our target audience perceives our brand and competitors. We want to develop clarity on our competitive advantages and optimize our marketing strategy.

This project will include:

  • An identification of our current competitors
  • An identification of potential future competitors (eg. a large company in a similar industry who may enter the space)
  • The creation of a matrix identifying features shared across the companies and those that are different.
  • A summary of 2-4 paragraphs describing our competitive advantages and disadvantages relative to the competition identified. This could be done in the form of a SWOT analysis.

We will give you access to organizational assets to support this project such as personnel, website analytics, sales and brand collateral, and more. We can suggest names of competitors to research.

Objective

We hope to gain a comprehensive understanding of the competitors in our space and how we can differentiate ourselves through our product/service offering, and our messaging.

About the company

CaniBrands and Cani-Wellness are supplement companies with four distinct brands that help improve energy and focus, recovery, stress and anxiety and sleep. The products are used by dozens of active NHL hockey players and are represented by 5x Olympian Dara Torres, who serves as the company's Chief Wellness Officer.

For more information, visit www.Cani-wellness.com