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How to Use Competitor Analysis to Build Corporate Culture and Values

2024-07-18 16:19:18 Source: Champ Consulting Visits:0

Competitor analysis refers to the systematic collection, collation, analysis and evaluation of competitors in their own industry and market, so as to understand the competitors' strategies, products, channels, prices, promotions, brands, customers, finance and other aspects, as well as their strengths and weaknesses, opportunities and threats, trends and trends. The purpose of competitor analysis is to develop your own competitive strategy, improve your competitiveness, seize market opportunities, respond to market threats, create market differences, and win market share.

Competitor analysis not only helps companies develop effective marketing strategies, but also helps companies build and pass on their culture and values. The culture and values of an enterprise refer to a set of common beliefs, concepts, norms and behaviors formed in the long-term business activities of the enterprise. It embodies the mission, vision, goals and spirit of the enterprise, and affects the decision-making, organization, communication, cooperation and innovation of the enterprise. It is the soul and core competitiveness of the enterprise. Through competitor analysis, companies can establish and inherit their own culture and values from the following aspects:

1. clear their own industry positioning and market objectives. Competitor analysis can help companies understand the characteristics of their industry, stage of development, competitive landscape, market demand, customer characteristics, etc., so as to determine their industry positioning and market objectives, as well as differentiation and advantage with competitors. This is the basis for establishing corporate culture and values, and it is also an important way to stimulate the common vision and sense of mission of employees.

2. identify their core competencies and superior resources. Competitor analysis can help companies discover their strengths and weaknesses in products, technologies, services, brands, channels, costs, quality, innovation, etc., as well as threats and opportunities from competitors, so as to find out their core competencies and superior resources, as well as areas that need to be improved and upgraded. This is the key to building corporate culture and values, and it is also an effective way to shape the professionalism and ability of employees.

3. shape their own brand image and reputation. Competitor analysis can help companies understand their own and competitors' brand image, reputation, loyalty, satisfaction, awareness, preference, etc. in the market, so as to formulate corresponding brand strategies, strengthen their brand advantages, improve their brand disadvantages, and enhance their brand value. This is a way to spread corporate culture and values, and it is also an important means to cultivate the brand awareness and sense of honor of employees.

4. establish their own cultural characteristics and value proposition. Competitor analysis can help companies understand the similarities and differences between themselves and their competitors in terms of culture and values, so as to find out their own cultural characteristics and value propositions, as well as differentiation and advantages from competitors. This is the core of the formation of corporate culture and values, but also a key factor in attracting and retaining employees.

Take Shangpu Consulting Company as an example. The company is a well-known independent third-party research and investment and financing consulting organization in China, dedicated to providing professional solutions for corporate strategic decision-making. Through competitor analysis, the company has created a set of culture and values dominated by professionalism, objectivity and rigor, which are embodied in the following aspects:

1. clearly defined their industry positioning and market objectives. By analyzing the characteristics and needs of its industry and market, Shangpu Consulting has determined that its industry positioning is to provide high-quality, efficient and cost-effective industry research, market research, investment and financing consulting, IPO listing consulting and other services for small and medium-sized enterprises. Its market goal is to become one of the most leading and authoritative independent third-party research and investment and financing consulting institutions in China.

2. identify their core competencies and advantage resources. By analyzing the advantages and disadvantages of itself and its competitors, Shangpu Consulting Company has found its core competitiveness and advantageous resources, mainly including: having rich industry data and research models, being able to provide comprehensive, accurate, timely and continuous industry in-depth reports; having a professional consulting team and partners, able to provide customized consulting solutions and professional implementation support; having a sound quality control system and customer service system, able to ensure the quality of consulting projects and customer satisfaction.

3. shape their own brand image and reputation. By analyzing the brand performance of itself and its competitors in the market, Shangpu Consulting has formulated corresponding brand strategies to strengthen its brand advantages, improve its brand disadvantages and enhance its brand value. The brand image of Shangpu Consulting Company is a professional, objective and rigorous research and investment and financing consulting organization. Its brand reputation is a high-quality, high-efficiency, and cost-effective consulting service provider, and its brand value is to create continuous value for customers. And benefits.

4. have established their own cultural characteristics and value proposition. By analyzing the similarities and differences between itself and its competitors in terms of culture and values, Shangpu Consulting has found out its own cultural characteristics and value propositions, mainly including: taking customers as the center, providing customers with the most suitable consulting solutions and the best quality consulting services; taking professionalism as the foundation, providing customers with the most authoritative industry data and the most professional industry analysis; taking objectivity as the principle, to provide customers with the most real market situation and the most objective market evaluation; to strict as the standard, to provide customers with the most accurate consulting report and the most rigorous consulting process.

The culture and values of Champu not only reflect its own positioning and goals, but also its commitment and responsibility to customers, thereby earning the trust and respect of customers and providing them with a continuous competitive advantage. The following are specific examples of some of the clients served by Champ Consulting:

Case 1: A well-known e-commerce platform company plans to conduct an IPO in the Chinese market. It needs to conduct industry research, market research, competitor analysis, financial evaluation, etc. to support its listing application and pricing strategy. Shangpu Consulting Company provided the company with a full range of consulting services, including: collecting and sorting out the historical and current data of China's e-commerce industry, analyzing the development trend and driving factors of the industry, evaluating the scale and growth potential of the industry, and predicting the future development prospects of the industry; conducting in-depth research on the company's target market and target customers, and understanding the market needs and preferences, analyzed the opportunities and threats of the market, evaluated the competitiveness and attractiveness of the market, and formulated the market positioning and entry strategy; conducted a detailed analysis of the company's main competitors, compared the competitors' products, services, channels, prices, promotions, brands, finance and other aspects of the advantages and disadvantages, determined the competitors' strategies and trends, and proposed competitors' response and transcendence plans; A comprehensive assessment of the company's financial status and performance, calculated the company's market share, profitability, cost efficiency, asset quality, financial risk and other indicators, analyzed the company's financial strengths and weaknesses, predicted the company's financial prospects, recommended the company's listing pricing range and listing time. The consulting services of Shangpu Consulting Company provided strong support for the company's IPO listing. The company successfully listed in the Chinese market and obtained more than expected market response and investment return.

Case 2: A well-known automobile manufacturer plans to launch a new type of electric vehicle in the Chinese market. It needs to carry out industry research, market research, competitor analysis, product strategy and other work to support its product development and market promotion. Shangpu Consulting Company provided professional consulting services for the company, including: collecting and sorting out the historical and current data of China's electric vehicle industry, analyzing the development trend and driving factors of the industry, evaluating the scale and growth potential of the industry, and predicting the future development prospects of the industry; conducting in-depth research on the company's target market and target customers, and understanding the market needs and preferences, analyzed the opportunities and threats of the market, evaluated the competitiveness and attractiveness of the market, and formulated the market positioning and entry strategy; conducted a detailed analysis of the company's main competitors, compared the competitors' products, technologies, services, channels, prices, promotions, brands and other aspects of the advantages and disadvantages, determined the competitors' strategies and trends, and proposed competitors' response and transcendence plans; A comprehensive product strategy was carried out for the company's new electric vehicles, including: determining the core functions and characteristics of the product, designing the appearance and interior of the product, planning the technical route and innovation points of the product, and formulating the price and cost of the product. Cost, arrange the production and supply of the product, plan the marketing and promotion of the product, and establish the after-sales and guarantee of the product. The consulting services of Shangpu Consulting Company provided professional guidance for the launch of the company's new electric vehicles. The company's new electric vehicles have gained good sales and reputation in the Chinese market, establishing a leading position in the field of electric vehicles. status.

The above are two typical customer cases of Shangpu Consulting Company. It can be seen that Shangpu Consulting Company not only provides customers with high-quality, high-efficiency, and cost-effective consulting services through competitor analysis, but also creates for itself. A set of culture and values dominated by professionalism, objectivity and rigor has gained a good reputation and reputation in the market and provided it with a sustained competitive advantage.

In short, competitor analysis is an effective way to help companies understand their industry environment, competitive advantages and disadvantages, target customers and market positioning, so as to find the core elements and differentiation points of their culture and values. Enterprises should create and inherit their own culture and values through competitor analysis, so as to improve their competitiveness, win market share and achieve long-term development.




User evaluation

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  • On July 05, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "In-process Plastic Market Research Project in the Automotive Sector. The customer said: The project report completed by Shangpu Consulting in cooperation with our company is due to the wide range of projects and strong professional products. Thank you very much for the professional and detailed market research report of Shangpu Consulting. I look forward to cooperating again next time and wish Shangpu Consulting by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 05, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Research Project of the Network Designated City Transport Company. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for "A Brand Sales Leading Research Project in the Water Purifier Industry. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • July 07, 2020, Shangpu Consulting received a satisfaction evaluation sheet from the customer's "Lithium Battery Enterprise Sales Strategy and Production Cost Research Project. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Coal Mine Tunnel Drilling Rig Market Share Proof Project. The customer said: The survey plan of Shangpu Consulting is rigorous in design, scientific in method, standardized and rigorous in survey organization process, and basically reliable survey data, which provides relatively credible first-hand information for our research work. The research results are of great help to our company to understand the whole picture of the industry. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from a customer for "A Brand in an Industry Leading Sales Research Project for Three Consecutive Years. The customer said: The survey plan of Shangpu Consulting is rigorous in design, scientific in method, standardized and rigorous in survey organization process, and basically reliable survey data, which provides relatively credible first-hand information for our research work. The research results are of great help to our company to understand the whole picture of the industry. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "China Bird's Nest Industry Market Ranking Research Project. The customer said: has cooperated many times, as always satisfied, also recommend to other enterprises cooperation. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 09, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for a hazardous waste treatment research project. The customer said: this is the organizational structure of the survey, the service process is very good, wish your company's consulting work is getting better and better, look forward to the next cooperation. I wish users a prosperous career, evergreen foundation!

  • On July 16, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the Shared Beauty Research Project. The customer said: The content of Phase I and Phase II is satisfactory, and we look forward to signing a long-term agreement in the later period. The research part of the country will continue to cooperate with your company. I wish users a prosperous career, evergreen foundation!

  • On July 09, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Research Project on the Organizational Structure of Two Liquor Production Enterprises. The customer said: This is an organizational structure survey, the service process is very good, looking forward to the next cooperation. I wish users a prosperous career, evergreen foundation!

In the field of consulting, Champ Consulting can also provide you with the following services:
Research Module research content
Market research Industry status market capacity Product Application channel mode Supply chain market competition Market Consulting
Competitor Research Enterprise background Enterprise Finance Sales Data Market Strategy Production Equipment Supply Procurement Technology R & D
warehousing logistics channel construction Human Resources Enterprise Strategy      
User Research Consumer Survey consumption behavior attitude Publicity/Promotion Product Service Brand Research consumer characteristics
satisfaction survey Employee satisfaction user satisfaction        
Market Entry Advisory Macro Industry Research competitive enterprise research Downstream User Research Channel Research Due Diligence Return on Investment
Floor module Landing implementation recommendations Long-term cooperation        
Business investment due diligence Target industry market investment value due diligence Industry Benchmarking Enterprise Research Target Enterprise Credit Assessment Report Project investment due diligence    
industry planning Market research market access development strategy investment location Acquisition and integration IPO Fundraising
Credit Report Basic information Major Events Production/Operation Network enterprise scale Operating strength Financial strength Legal risk
Future business prediction Overall credit rating cooperative risk warning        
Brand/Sales Proof Market Share Proof Market Share Proof Proof of brand strength Industry Proof Specialized new proof Proof of sales strength Proof of technological leadership
National/Global Status Certificate            
Service advantages
More than 20 years of focus on the Chinese market consulting, won the user recognition, user satisfaction reached more than 96%, the following is part of the user praise
  • Focus on production and research

    15 Year

    Champ Consulting has been established for 15 years.

    48 Intellectual Property Rights

    Independent methodology

    80% of the information comes from first-hand research.

  • massive data

    118 Billionth

    Self-built database 11.8 billion

    Covering 1978 industries in China

    0.1 billion new data per year

    Industry Big Data Platform

  • Research Team

    118 +

    Have a 300 team of professional consultants

    Practical operation and management experience of top enterprises

    88% of members have international PMP certificates

  • Intellectual Property

    48 Item

    Independent methodology

    48 independent intellectual property rights

    high-tech enterprise

    Industry Big Data Platform

Customer Evaluation
More than 20 years of focus on the Chinese market consulting, won the user recognition, user satisfaction reached more than 96%, the following is part of the user praise

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