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COMPETITOR ANALYSIS.

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Presentation on theme: "COMPETITOR ANALYSIS."— Presentation transcript:

1 COMPETITOR ANALYSIS

2 COMPETITORS TESCO’S COMPETITORS Asda Marks and Spencer Aldi Sainsbury
Morrison Spar Netto Llydl

3 COMPETITORS BRITISH AIRWAYS COMPETITORS Emirates Easy jet Ryanair
Swiss Virgin AirFrance Lufthansa

4 COMPETITORS FORD MOTOR COMPETITORS Opel Mercedes Rover BMW Toyota
Honda Jaguar

5 COMPETITORS ADDIDAS COMPETITORS UMBRO PUMA JJB NIKE Le coq Sportif

6 COMPETITORS NOKIA MOBILE PHONE Motorola Philips Sony E LG Samsung
Siemens Virgin Panasonic

7 COMPETITORS SONY ELECTRONICS Panasonic LG Sharp Philips

8 COMPETITORS CHELSEA FOOTBALL CLUB Manchester City FC Bolton FC
Middlesbrough FC Manchester United FC Arsenal FC Liverpool FC Tottenham FC Blackburn FC Reading FC

9 COMPETITORS COCA COLA Pepsi co Fanta NEXT Debenhams House of Fraser
Marks and Spencer Boots

10 WHAT YOU SHOULD KNOW AT THE END OF THIS LESSON
What is competition? Who is a competitor? Against whom are we competing? What Strengths and Weaknesses do they possess? What are your competitors objectives? What strategies are they pursuing and how successful are they? How are they likely to behave and, in particular, how are they likely to react to offensive moves? Competitive Relations Evaluation How to identify competitor’s objectives Competitive Responses Competitive Information System

11 COMPETITOR ANALYSIS: STETP 1
The strength of the competitor’s positioning What market share does each competitor have? How strong is each competitor’s image What is their position within the trade? Is there a particular focus in certain markets? The strength of the competitive offerings In relative terms, how good is each element of each competitor’s marketing mix? How satisfied is each competitor’s customer base. What levels of customer loyalty exist? How satisfied are each competitor’s distributors The strength of the competitors’ resources How profitable is each competitor? What is the size of each firm’s resource base? How big and efficient is the production base? How fast and effective are the product development processes? Understanding the competitors’ strategies What is each competitor’s strategic intent? What are their actions and probable reactions?

12 COMPETITOR ANALYSIS: STEP 2
Competencies/capabilities Competitors’ position Com1 Com2 Com3 Com4 Com5 Competitive stance Price levels Brand recognition Distribution network After sales service Promotion/public relations Strategic focus5 Manufacturing skills Financial stability Technology skills New product innovations Strong/high Above average Average Less Average Weak

13 Q. You work as the

14 COMPETITOR ANALYSIS

15 EVALUATING COMPETITIVE LEADERSHIP AND ANALYSING HOW ORGANISATIONS COMPETE
In essence, five types of relationship can develop between an organisation and its competitors: Conflict Competition Coexistence Cooperation Collusion

16 COMPETITORS OBJECTIVES:
To be the dominant business To make more profit, sales and market share To perform better than other rivals To get more customers than their counterparts To be an outstanding business To grow faster than other businesses To be the market leader

17 COMPETITOR INTELLIGENCE SYSTEM
Industry analysis Building competitive advantage Industry mapping Desk research Databases Benchmarking Critical success factors Market research Internal Information Competitive profilling Value chain analysis Special Competitor studies

18 CRITICAL SUCCESS FACTORS.
MARKETING MIX STRATEGIES OBJECTIVES MISSION ENVIRONMENTAL ANALYSIS SWOT ANALYSIS IMPLEMENTATION MONITOR AND CONTROL

19 ASSIGNMENT – BENCHMARKING:
You are the Managing Director of Morrison and you want to improve on your business. One of your strategy to improve is to carry out benchmarking exercise. Please state below how you will carry out the benchmarking exercise:

20 Factors to consider Morrison Tesco Market share Prices Profit Sales Services Strategies Objective Mission Staff

21 BENCHMARKING: You can use criteria such as : Good, bad, average, high, low, bad, excellent, no comment. Factors to consider MKET College Dudley College or any other college of your choice Courses Fees No of Students Customer Service Library & resources Computers Other facilities Lecturers Classrooms Organisation

22 COMPETITORS STRONG COMPETITORS WEAK COMPETITORS

23 COMPETITORS CLOSE COMPETITORS DISTANT COMPETITORS

24 COMPETITORS GOOD COMPETITOR BAD COMPETITOR

25 COMPETITORS Direct Indirect

26 PORTER’S FIVE FORCE MODEL OF THE COMPETITIVE ENVIRONMENT

27 MICHAEL PORTER’S FIVE FORCE ANALYSIS OF THE COMPETITIVE STRUCTURE
Potential entrants Threat of entrants Competitive Rivalry Bargaining Power Bargaining Suppliers Buyers Power Threat of substitutes Substitutes Source: Exploring Corporate Strategy by Garry Johnson and Kevan Scholes Adapted from M. Porter, Competitive Strategy, Free Press, 1980, p. 4.

28 PORTER’S VALUE CHAIN

29 Technology development Human resource management
Porter’s Value Chain Firm infrastructure Technology development Human resource management Procurement Support activities Primary activitites Inbound Operations Outbound Service Logistics Logistics Marketing and sales 29

30 WHAT COMPANIES NEED TO KNOW ABOUT OTHER COMPETITORS
Sales Customers Products Advertising and promotion Distribution and sales force Price Finance Management Other information needed.


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