A competitive analysis template is a structured framework that enables businesses to systematically evaluate their competitors' strengths, weaknesses, strategies, and market positions. This template typically includes sections for gathering and analyzing data on key competitors, such as their product offerings, pricing strategies, marketing tactics, customer feedback, financial performance, and overall market presence. By using this template, businesses can gain valuable insights into the competitive landscape, identify opportunities and threats, and develop informed strategies to enhance their competitive advantage. The template helps ensure a comprehensive and consistent approach to competitive analysis, making it easier to compare different competitors and track changes over time.