Sizing Up Local Competitors
A clear-eyed scan, not a study — what is actually worth knowing.
Notes from Randall Harper. Thirty years working alongside owner-operators, executives and boards — companies of all types and sizes — across entertainment & media, hospitality, service based business, lifestyle businesses, financial services, retail and not-for-profit, in Australia, Asia, the United Kingdom and the United States. What follows is the thinking I keep returning to.
Why most competitor research is wasted
Owner-operators either ignore their competitors entirely or get lost watching them. Both are mistakes. Ignoring them leaves you guessing what the customer is comparing you to. Watching them too closely leaves you slowly becoming a slightly worse version of someone else's business. The point of looking at competitors is not to copy them and not to beat them. It is to understand the choice the customer is making at the moment they are deciding, so that you can show up clearly in that moment as yourself.
The five worth looking at
You do not need to map a market. You need a handful of reference points that cover the real shape of the customer's choice.
- Three direct competitors — same service, same area, similar size.
- One cheap alternative — the budget option customers fall back on when price is the deciding factor.
- One premium alternative — the option customers reach for when price is not the deciding factor.
What to actually capture
Keep the scan deliberately short. A long competitor document is a procrastination dressed up as research. For each of the five, capture only what would change a decision.
- The headline promise on their website, in one sentence — what they say they do for whom.
- Their pricing signal — cheap, mid, or premium, with actual numbers if visible.
- Their Google rating and the recurring themes in recent reviews, both good and bad.
- Their response speed — call them, time how long it takes to reach a human and how that conversation feels.
- The single most obvious weakness in their offer that a thoughtful customer would notice.
What to look for across the five
The most useful insight rarely comes from any one competitor. It comes from the pattern across them. Almost every local market has one or two weaknesses that every competitor shares — slow callbacks, vague pricing, poor follow-through, communication that goes quiet after the job starts. Those shared weaknesses are the most valuable thing on your scan. They are the things a small, attentive business can credibly own without inventing anything new.
The traps to watch for
- Copying the loudest competitor. Loud is not the same as profitable, and you almost never see the cost of being loud.
- Ignoring the cheap and premium ends. Those are exactly the places your real positioning becomes visible.
- Doing the scan once and never again. Local markets shift quietly; revisit every six months.
- Treating the scan as a list of things to imitate. The point is to find what is missing, not to match what already exists.
A starting point
Block a single afternoon. Open a notebook or a spreadsheet with five rows and the columns above. Fill it in. At the end, circle the one weakness that shows up across all five competitors and that you can credibly do better. That circled item is the centre of your next marketing message and, often, of your next quarter's priorities.
Talking to customers about competitors
The most useful competitor research rarely happens at a competitor's website. It happens in conversation with your own customers, in the weeks after a job has gone well. Ask, simply: who else did you consider, and why did you choose us in the end. The answers are often surprising. Customers compare you to options you would never have listed yourself — a friend who 'knows someone', a do-it-yourself approach, a national franchise, the choice to simply do nothing this year. Each of those is a real competitor, and each tells you something a website never could. The point is not to win the comparison every time. The point is to know what the comparison actually is, so that your offer is shaped for the choice the customer is actually making.
Using the scan to sharpen your offer
A competitor scan that does not change anything is a journal entry. The discipline is to translate the scan into one concrete change in your own business inside the next thirty days — a sharper headline, a clearer price, a faster callback promise, a small guarantee no one else is offering. Just one. Small businesses lose more often by trying to fix five things at once than by patiently fixing one thing properly. The competitor scan is most useful not as a strategic document but as a forcing function: it shows you, with uncomfortable clarity, the single shared weakness across your market, and asks whether you are willing to be the business that finally closes that gap.
Want this as a PDF?
Tell us where to send it and we'll email you a copy to keep.
The contents of this paper are the opinion of Clear Point Advisory only. Readers should rely on their own judgement and obtain professional advice appropriate to their circumstances.