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Understanding the Competition Print

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Knowing what you are compared with.

WHAT TO ESTABLISH

Who else the buyer is considering What they offer Where they are stronger Where they are weaker What they charge

HOW TO FIND OUT

Ask the buyer.

WHY THEY TELL YOU

Most will, if asked directly and without anxiety.

WHAT TO ASK

Who else are you looking at, and what do you like about them.

WHAT TO DO WITH THE ANSWER

Address the gap, honestly.

WHAT TO NEVER DO

Criticise competitors.

WHY

It reflects on you, not them, and buyers dislike it.

WHAT TO DO INSTEAD

Describe what you do, and let the comparison happen.

WHAT TO ACKNOWLEDGE

Where a competitor is genuinely better.

WHY

It makes everything else you say credible.

WHAT THAT SOUNDS LIKE

They have a larger network; what we offer is direct support from the people who run it.

WHAT TO PREPARE

Honest comparisons for the competitors you meet regularly.

WHAT TO INCLUDE

Where each suits a buyer better than you do.

WHY

It helps you disqualify quickly.

WHAT TO DO ABOUT A CHEAPER COMPETITOR

Establish what is not included.

WHAT TO DO ABOUT A LARGER ONE

Offer what size prevents: attention, flexibility, direct access.


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