Competitive Analysis


Project scope
Categories
Market research Competitive analysis Marketing strategySkills
competitive analysis target audience marketingIdentify key competitors: This includes major manufacturers, retailers, and installers of blinds, shades, shutters, curtains, and other window covering products in the Vancouver area. Both large companies and smaller, specialized businesses will be included.
Analyze product offerings: A detailed examination of the types of window coverings offered, including materials, styles, functionalities (motorization, smart home integration), and price points.
Assess market share and competitive positioning: Determine the market share of major players and analyze their competitive strategies, including branding, marketing, and distribution channels.
Identify emerging trends: Explore trends such as eco-friendly materials, smart home technology integration, and customization options.
- Uncover opportunities for differentiation: Pinpoint potential areas where new or existing businesses can differentiate themselves in the market, such as through specialized products, unique services, or innovative marketing approaches.
By the end of the project, students should demonstrate:
- Familiarity with our company, products, and target market
- Identification of competitors
- Creation of a matrix with competitor features
- Summary of our company’s advantages and disadvantages
Bonus steps would include:
- Recommending ways to differentiate our company from competitors
Final deliverables should include
- A final report.
Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.
Sharing knowledge in specific technical skills, techniques, methodologies required for the project.
Scheduled check-ins to discuss progress, address challenges, and provide feedback.
About the Community Partner
Sonata Design is a Calgary-based company specializing in custom window treatments and interior design services. They offer a wide selection of products and services, including:
Custom blinds, shades, shutters, and drapery: They carry a variety of brands and styles to suit any need and budget, including Hunter Douglas products.
Motorized window coverings: They can motorize your existing window coverings or help you choose new ones with built-in motorization.
Interior design consultations: Their experienced designers can help you select the perfect window treatments to complement your style and home décor.
Architectural design and visualization: They offer a range of services, including 3D rendering and space planning, to help you visualize your design project.
Sonata Design is committed to providing high-quality products and services with a focus on customer satisfaction. They have a reputation for being knowledgeable, friendly, and easy to work with