Competitive and market analysis
Notes from the talk of Lokesh Kannaiyan at The Product Space.
Competitive and market analysis
Notes from the talk of Lokesh Kannaiyan at The Product Space.

The talk began by quoting the Thirukkural on the need to understand the strength and weakness of yours and your competitors.
திருக்குறள் : 471
வினைவலியும் தன்வலியும் மாற்றான் வலியும்
துணைவலியும் தூக்கிச் செயல்.
**உரை:
**செயலின் வலிமை, தனது வலிமை, பகைவரின் வலிமை, இருசாராருக்கும் துணையாக இருப்போரின் வலிமை ஆகியவற்றை ஆராய்ந்தறிந்தே அந்தச் செயலில் ஈடுபட வேண்டும்.
**Translation
**The force the strife demands, the force he owns, the force of foes, The force of friends; these should he weigh ere to the war he goes.
**Explanation
**Let (one) weigh well the strength of the deed (he purposes to do), his strength, the strength of his enemy, and the strength of the allies (of both), and then let him act.
Three types of knowledge the PM should have
- Organizational — Who is involved?
- Product — Ecosystem, Technology
- Industry — Competitors, Customers, Partners
How to gain industry knowledge?
- Market research
- Market trends
- Social Media
- Company insights
- Review forums
- Product Collateral
Market Research


- Ovum Decision Matrix (ODM)
- IDC Innovators
Market Trends
Review Forums
Social Media
- Relavant hashtag monitoring
Company Insights
Product Collateral
- Data sheet
- White papers
- Demos
- Webinars
- Blog
- Reports
- Videos
- Case Studies
Segregation of competitors
- Direct
- Indirect
- Potential
- Substitute
Frameworks
- Competitor Profile
https://www.aha.io/roadmapping/guide/templates/competitor-analysis
- Competitor Overview
https://www.aha.io/roadmapping/guide/templates/competitor-analysis
- Feature Dump → Feature Analysis (Harvey balls framework)
https://www.aha.io/roadmapping/guide/templates/competitor-analysis
- Imitability Ladder
https://www.aha.io/roadmapping/guide/templates/competitor-analysis
- Competitive Differentiation Analysis
https://www.aha.io/roadmapping/guide/templates/competitor-analysis
Full talk here on The Product Space channel
The video quality is poor, and I apologize for the same. You can use the above notes as a reference for the slides discussed.