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1. Header:
a. Document Title (usually something like “Competitive Battlecard: [Competitor’s Name]”)
b. Your Company Name and Logo
c. Date of Last Update: This helps ensure that salespeople are using the most current information.
2. Competitor Overview:
a. Brief description of the competitor and their core offering.
b. Market Position: Information on the competitor’s size, market presence, key customers, and key markets (if publicly available).
3. Competitor’s Product/Service Details:
a. Detailed description of the competitor’s product/service.
b. Highlight key features and supported use cases.
4. Competitor’s Unique Selling Proposition (USP):
a. Outline what the competitor positions as their key differentiators or USPs.
b. List the major strengths of the competitor’s solution, service, or strategy.
5. Competitor’s Known Weaknesses:
a. List the major weaknesses of the competitor’s product/service, including customer complaints or negative reviews.
b. Briefly explain why it’s perceived as a weakness and how it could potentially impact the customer.
6. Our Product/Service Comparison:
a. A side-by-side comparison of your product/service features against the competitor’s.
b. Emphasize where your product/service has advantages.
7. Unique Value Proposition:
a. Identify and explain what makes your company’s solution uniquely valuable when compared to the competitor’s solution.
8. Objection Handling:
a. List common objections your sales team encounters regarding this competitor and how to respond.
b. For each objection, provide a brief, clear, and respectful counterargument that showcases the strength of your solution.
9. Winning Against the Competitor:
a. Summarize the main reasons why customers should choose your product/service over the competitor’s.
b. Include supporting evidence where possible, such as customer testimonials, case studies, or third-party reviews.
10. Strategic Insights:
a. Discuss the competitor’s business strategy and any recent moves they’ve made in the market.
b. Insights about their target market, sales tactics, marketing strategies, or notable partnerships.
11. Proof Points:
a. Highlight any case studies or testimonials where your product/service outperformed the competitor’s.
b. Provide evidence such as case studies, testimonials, or data that support the claims you make about your solution’s advantages.
12. Key Takeaways and Elevator Pitch:
a. Summarize the key points that your sales team should emphasize when speaking with potential customers.
b. Provide a brief, compelling statement (an elevator pitch) that encapsulates why a customer should choose your product/service over the competitor’s.
13. Additional Resources/Contacts:
a. Provide any useful resources for further reading, such as blog posts, whitepapers, or recorded webinars.
b. Contact Information for Further Help: Include details of who to contact in your organization for more information or support.
14. Footer:
a. Confidentiality Notice: If the document is meant to be internal-use only, include a notice here.
b. Update Reminder: Encourage the reader to make sure they have the most recent version of the document.
Top Discussions Among Marketing and Product Marketing Leaders
The scope of our conversation is truly open-ended, with any topic related to B2B technology marketing on the table for discussion. However, if you’re seeking inspiration, here are a few example topics to spark ideas and get the conversation started.