Your Company Analysis Worksheets Part of your marketing analysis involves an honest and comprehensive look at your company. This internal analysis will allow you to enhance your company’s strengths and improve on your weaknesses. The following worksheets will cover: The Five P’s Important Questions Your company’s strengths and weakness Your company’s core competencies Problems and opportunities Corporate philosophy The Five Ps Each customer interaction, exposure or contact is an influence point where you have an opportunity to build customer interest and loyalty. Using the Five Ps of marketing, examine some of the influence points your company can use to enhance customer relationships. P's Product Determine which aspects of the product itself are important and have an influence on customer perception and purchase intentions. Price List the aspects of price that influence customer perception. Placement List the aspects of placement that influence the accessibility of your product. Promotion Influence Points P's List the ways you have to promote your company to communicate with customers (website, blog, trade shows, mail, networking events etc). People List all the points of contact with your customer that may be important to the success of your company. Influence Points Important Questions As part of your company analysis, you need to ask yourself some important questions to determine if your company has the essential information on important issues such as your target market, advertising, your competitors etc. No need for detailed answers here (this will be done in other worksheets), this is simply to help your mind get going in the right direction. Questions What’s my target market? What are some of my obstacles? How do I plan to overcome them? How much money do I need for marketing? How will I advertise my service? Web? Magazine? Trade shows? Radio? What's the best way to reach my target market? Answers Questions Who are some of my potential customers? What can I offer differently from some of the businesses that offer a similar product/service? What are some of the risks I will be facing? How can I reduce them? Is the marketing plan I have in mind properly positioned, or do I need to change some things around? Answers Strengths and Weaknesses Analyzing your company’s strengths and weaknesses is not always easy, but it’s an essential part of your company analysis. Knowing your areas of strength and areas of improvement will allow your company to be more competitive in the market place. Feel free to add or delete categories as your company sees appropriate. Category Target market needs, wants and consumption trends Value the company brings to the target market Product and technological Operational Distribution Strength Weakness Category Pricing Promotion/marketing communications Strength Weakness Core Competencies Your company’s core competency is one that makes a significant contribution to your customer and is difficult for your competitors to duplicate. List your top core competencies. 1. 2. 3. Problems and Opportunities Using data from above and other worksheets, you can forecast possible problems to prepare for and opportunities to take advantage of. Problems Opportunities Product/Service Sales Analysis Distribution Pricing Target Market Product Awareness and Attributes Corporate Philosophy Your corporate philosophy is your company’s mission and values. It is how your company wants to be perceived by its customers and employees. It is the philosophy that will be integrated in every facet of your company’s daily life. Take some time to write the Mission Statement and Vision Statement your company will be guided by in the years to come: Mission Statement Vision Statement