V. Competitive Analysis
You can download our Business Plan Template (including a full, customizable financial model) to your computer here.
Direct & Indirect Competitors
Shipify is one of the leading providers of drop shipping services in town and has been in business since 1999. Shipify provides all types of drop shipping services from apparel to appliances to gadgets. Shipify provides both domestic and international shipping services.
Shipping USA has been in the industry for xx years, catering to various groups of customers. Shipping USA provides drop shipping services in the area of sports and fitness, toys and games and electronics, etc. Shipping USA focuses on select product categories, vs. a vast product catalogue.
Drop Ship Inc.
Drop Ship Inc. is one of the leading providers of drop shipping services in town and has been in business since 2004. Drop Ship Inc. offers drop shipping services in consumer electronics and video game items. Drop Ship Inc.’s strength lies in its ability to focus on a market niche. Its services are only available domestically.
[Company Name] enjoys several advantages over its competitors. These advantages include:
- Management: The Company’s management team has x years of business and marketing experience that allows them to serve customers in an improved and sophisticated manner than the competitors.
- Relationships: Having lived in the community for xx years, [Founder’s Name] knows all of the local community, media, and other influencers. Furthermore, he will be able to draw from his existing personal and professional relationships to develop an initial client base.
- Great services at an affordable price: The complete array of drop shipping services offered by [Company Name] nearly equals the most premium positioned competitor, [Competitor Name]. However, [Company Name] will offer these services at a much more affordable price.