Competitive Analysis
Project scope
Categories
Market research Competitive analysis Market expansionSkills
target audience marketing senior living web analytics sales paragraphsItβs 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:
- Identification of our current competitors across the senior living sector
- Identification of potential future competitors (eg. a large company in a similar industry that 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.
Artfull's founder, Cailey will oversee the work being done and support the intern/student throughout the process. The Artfull team will provide the student with the necessary information to assist with the market analysis.
About the company
We provide older adult communities access to online art programs that can be facilitated by in-house staff or used independently by residents. Our aim is to improve access to creative programming for all older adults by developing and distributing affordable art programs that inspire people of all experience levels.