Question: EBB 4 - Competitive Analysis ( Basic 2 - Way ) INSTRUCTIONS 1 . Identify a couple of companies in the same industry and select

EBB4- Competitive Analysis (Basic 2-Way)
INSTRUCTIONS
1. Identify a couple of companies in the same industry and select a similar product or service that you may be interested in and that you can find information about on the internet (e.g. BMW and BENZ; X5 and ML350).
2. Search for and find the companies' respective mission statements and annual reports (if available on their websites). Look for any information related to the products/services you selected.
3. Determine their business model (simplified EBB3 version)
4. From the above information create a table with each product/service under a column and the rows labeled as follows:
Base info: name of company and product/service
Business model type
Business cycle phase (your estimation based on your research)
Primary customer target (use your own classification of customers)
Primary Distribution Channel
What is the consumer product classification, including whether it is B2B or B2C
What is their Branding Strategy
What is their primary Pricing Objective
What is their primary Pricing Strategy
Summary statement of what makes your 2 competing companies/products similar
Summary statement of what makes your 2 competing companies/products different

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