Market Trends and Competitor Tracking Template
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Stay ahead in your industry with our 'Market Trends and Competitor Tracking' template. Designed for Principal Analysts, this template helps you review market trends and monitor competitor activities regularly. It covers everything from establishing tracking systems to compiling detailed reports and conducting monthly reviews.
By using this template, you can ensure you provide accurate insights and forecasts, keeping your business informed and competitive.
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Market Trends and Competitor Tracking in Priority Matrix
Stay ahead in the market by tracking trends and competitor activities with this comprehensive project template.
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Proposed Tasks
Urgent and Important
-
Develop Competitor Analysis Framework
☐ Identify key competitors ☐ Define metrics for comparison ☐ Set up system for regular updates -
Establish Market Trend Tracking System
☐ Identify key indicators ☐ Set up system for regular monitoring ☐ Test the system
Important but not Urgent
-
Communicate Findings to Stakeholders
☐ Prepare presentation ☐ Schedule meeting ☐ Present findings -
Compile Initial Competitor Analysis Report
☐ Collect data ☐ Analyze competitor activities ☐ Prepare report -
Compile Initial Market Trend Report
☐ Collect data ☐ Analyze trends ☐ Prepare report
Urgent but not Important
-
Conduct Monthly Competitor Review
☐ Update data ☐ Review competitor activities ☐ Prepare monthly report -
Conduct Monthly Market Trend Review
☐ Update data ☐ Review trends ☐ Prepare monthly report -
Monitor Industry News
☐ Set up news alerts ☐ Review news daily
Neither Urgent nor Important
-
Update Competitor Analysis Framework
☐ Review framework performance ☐ Make necessary updates -
Update Market Trend Tracking System
☐ Review system performance ☐ Make necessary updates