“Think of business as a good game. Lots of competition and a minimum of rules. You keep score with money.”
—Bill Gates

It’s called “competitive landscape” for a reason: competitors are a crucial part of the terrain your company will have to navigate in order to get where you’re going. Who your competitors are, what they’re doing, how they’re doing it – these considerations will impact some of the most important decisions at your company, touching everything from pricing to messaging to marketing.

Doing a solid competitive analysis is like setting up for a game of Battleship with the divider down. When you can see where your opponent is putting their ships, you can be that much more strategic about where you’re placing your own.

For this se...