Turning Competitor's Weaknesses Into Opportunities

SWOT Analysis
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SWOT Analysis > Best Practices

Mukisa Simon Peter, Teacher, Uganda
How can I turn my rival's internal weaknesses into my opportunities since some companies succeed in keeping their internal weaknesses as a secret to themselves? (...) Read more? Sign up for free

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  Heringa, Analyst
 

Taking Advantage of Our Competitor's Weaknesses

Your strengths are your competitor's weaknesses. If not, they're not your strengths either. If they are, you could use them to his disadvantage.
For example: you have a strong financial position (and your competitor does not), you can bleed him out, through price war or excessive marketing.
In my opinion, however, you should not focus on eliminating the competition, but on creating value for your customer and having your competitor around to show to you are better.

 
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Summary
Forum
SWOT Analysis or SWOCC Analysis?
🔥Internal and External Factors in SWOT Analysis
Divide and Conquer Approach to SWOT
Best Practices
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🥉What is SWOT analysis?
WHEN to do a SWOT Analysis?
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Significance of SWOT Analysis
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Ranking model for the Opportunities and Threats
SWOT Analysis for British Airways and Ryan Air
SWOT or (maybe better) TOWS?
Turning Competitor's Weaknesses Into Opportunities
How to Proceed after the SWOT Analysis to the Strategy?
Combine SWOT Analysis with 5 Ps
Combining SWOT with other Strategy Tools
Design Shool Theory vs. SWOT
SWOC Analysis instead of SWOT Analysis
SWOT - research is important
SWOT Analysis Well Suited as First Step
Be Careful with Viewing Industry Opportunities as Company Opportunities
Well suited for Crisis too
SWOT Analysis as a Brainstorming Technique
Using SWOT Analysis for Supplier Audits
SWOT and Strategic Marketing Process
Competetive Analysis with SWOT
Involve Stakeholders in SWOT Analysis
SWOT Analysis + Weightage
Special Interest Group Leader

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SWOT Analysis
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