Competitive Analysis

Closed
Taiga Board Inc
Montréal, Québec, Canada
Owner / General Director
(3)
5
Project
Academic experience
80 hours of work total
Student
Montréal, Québec, Canada
Intermediate level

Project scope

Categories
Market research Competitive analysis Marketing strategy
Skills
competitive analysis target audience marketing
Details

Our company has been serving thousands of customers for decades. We want to better understand how our target audience perceives our brand and competitors. This will help us develop clarity on our competitive advantages and optimize our marketing strategy.

We would like to collaborate with students to conduct a competitive analysis of our business.

This will involve several different steps for the students, including:

  • Familiarizing themselves with our company, products, and target market.
  • Identifying current and potential future competitors.
  • Creating a matrix identifying features that are similar and different between companies.
  • Summarizing our competitive advantages and disadvantages relative to the competition identified.

Bonus steps in the process would also include:

  • Recommending how our company can differentiate itself through products / services and messaging.
Deliverables

By the end of the project, students should demonstrate:

  • Familiarity with our company, products, and target market
  • Identification of competitors
  • Creation of a matrix with competitor features
  • Summarization of our company’s advantages and disadvantages

Bonus steps would include:

  • Recommending ways to differentiate our company from competitors

Final deliverables should include

  • A final report.
Mentorship

Students will connect directly with us for mentorship throughout the project. We will be able to provide answers to questions such as:

  • Our products and target market
  • Our known competitors
  • Input on choices, problems or anything else the students might encounter.

About the company

Company
Montréal, Québec, Canada
2 - 10 employees
Sports & fitness

Who we are
The passion of our team is fueled by rivers, lakes, and oceans, even though our name references the boreal forest. Our products, designed in Canada, are developed and tested in partnership with SUP enthusiasts to ensure that they meet the highest standards of performance.

Our mission
At TAIGA, we have a clear and straightforward mission: to make paddleboarding more accessible and promote it through the production of innovative, high-quality products that stand out in the industry. To achieve this goal, we work with a team of passionate individuals who are dedicated to creating top-notch paddle boards and paddles. We are also committed to continuously improving our products to provide the best possible experience for consumers on the water.