Competition Slide: Position Against Alternatives
Your competition slide shows you understand the market landscape and can articulate why customers will choose you over existing alternatives.
Understanding Competition
Competition isn't just direct competitors - it's anything customers currently use to solve the problem you're addressing. This includes status quo, workarounds, and indirect solutions.
🎯 Your Goal
Show that you understand the competitive landscape and have clear advantages that make you the obvious choice for customers.
Types of Competition
Direct Competitors
Companies solving the same problem with similar solutions
Indirect Competitors
Different solutions addressing the same customer need
Status Quo
What customers do today (often "nothing" or manual processes)
Competitive Analysis Framework
Competitive Matrix
| Feature/Attribute | You | Competitor A | Competitor B | Status Quo |
|---|---|---|---|---|
| Speed | ✓✓ | ✓ | ✓ | ✗ |
| Price | ✓✓ | • | ✗ | ✓✓ |
| Safety | ✓✓ | • | • | ✗ |
Your Competitive Advantages
Unique Value Proposition
What makes you fundamentally different:
"We're the only platform that pre-vets babysitters AND guarantees 15-minute response times for emergency childcare needs."
Sustainable Advantages
- • Network effects (more users = better service)
- • Proprietary technology or data
- • Brand and customer loyalty
- • Regulatory moats
- • Exclusive partnerships
Execution Advantages
- • Superior team and experience
- • Better customer understanding
- • More efficient operations
- • Faster product development
- • Strategic investor backing
Common Mistakes to Avoid
❌ "We Have No Competition"
Never say this. It shows you don't understand your market. Every problem has some current solution, even if imperfect.
❌ Only Showing Direct Competitors
Don't ignore indirect competition and status quo. Often these are your biggest competitive threats.
❌ Dismissing Competitors
Don't say competitors are "bad" or "don't understand the market." Acknowledge their strengths while highlighting your advantages.