Who are my competitors?
You’ll want to identify who the competition is in your local market. The resources below can help.
Tools for Competitor and Peer Analysis
- Use Mergent Intellect to identify and locate potential competitors in your industry.
- Is there room in the market for your new business?
- How are the other companies doing? (look at estimated sales)
- Mergent Intellect
Use to find companies and competitors by user-defined search criteria, such as size, location, industry, sales, and more. Useful for private company information which includes estimated sales.
- In addition to understanding the industry's health in your region, you can use the "Industry Market Report" in Bizminer to generate a list of competitors.
- In addition to finding demographics of your local market, you can also use the "Business" feature to map locations of companies by name or industry.
- You can use the information to generate a list of competitors and their addresses.
- SimplyAnalytics
SimplyAnalytics provides demographic, business, or marketing data down to the local level, allowing users to create customized maps and reports with an almost unlimited number of variables. See my Tips & Tricks Guide for help with this database.
