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Use this template to describe the competition you are aware of in the marketplace for your services or products. Introduce the concept of competition here and explain why you feel it is important to discuss at this time. For example do you anticipate new competition in the near future. Are sales declining because of competitors entering the marketplace or introducing improved products or services. Then go on to describe below the individual competitors or competing products. . Competitor #1 e. g. "Syzc Products" or "ABC Software Suite" Describe how this organization or product competes with yours and describe any recommendations you have to make your organization or product more successful than the competition. . Competitor #2 Describe how this organization or product competes with yours and describe any recommendations you may have to make your organization or product more successful than the competition. . Competitor #3 Describe how this organization or product competes with yours and describe any recommendations you may have to make your organization or product more successful than the competition. . Competitor #4 Describe how this organization or product competes with yours and describe any recommendations you may have to make your organization or product more successful than the competition.
Summary Insert statement that summarizes the dangers of the competitors listed above or make general recommendation about how to handle this competition.