Competitive Analysis

Closed
OTOblocs Inc
Toronto, Ontario, Canada
Founder, CEO
1
Project
Academic experience
60 hours per student
Student
Canada
Intermediate level

Project scope

Categories
Market research Sales strategy
Skills
competitive analysis marketing target audience web analytics sales paragraphs
Details

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.

Deliverables
No deliverables exist for this project.

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Consumer goods & services

OTOblocs develops products from toys to furniture based on a patented interlocking modular block system. The blocks resemble different letters that can be interlocked with one another in innumerable ways – and just as easily be taken apart.