Competalyzer

More than 50% of small businesses fail within 5 years of opening. But why? In many cases, local businesses fail to take the products, services, and pricing of their competitors into account when formulating their strategy. This is partially due to the complexity, learning curve, time consumptiveness or prohibitive prices of existing tools and options. Our solution generates a comprehensive, highly insightful report when provided with only 2 inputs from the user: their line of business and the location they have in mind. Our system then generates and makes available for download an organized and eat to understand report. Mission: competalyzer aims to improve and protect the prosperity and success rate of millions of entrepreneurs who start a local business every year by giving affordable, easy access to an easy to use competitor-analysis tool specially made for local businesses, and ensuring vast accessibility by reaching out to the entrepreneurs themselves, as well as consultants, lenders, investors, landlords, and chambers of commerce. Vision: Our vision is to enhance our product over time so it becomes even more insightful, and more personalized based on the unique circumstances and strengths of each entrepreneur, with intelligent recommendations regarding positioning, pricing, and branding as well. Our solution will result in win-win opportunities, enabling so-called “competitors” in a neighbourhood to offer differentiated offerings, resulting in better prosperity for themselves, but also greater value creation for consumers and communities.