Benchmarking is about comparing your product with that of the competition. In a few simple steps, you will be able to understand how to stand out and improve your user experience.
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Enhance your market knowledge, compare the strengths and weaknesses of your product to that of your competitor.
Improve your product or part of it and stay competitive.
Try to clearly define your goals, what do you want to improve? Is it the registration form that worries you? Is it the general appearance of your application that seems to be aging? If you have the ambition to compare everything, you risk losing yourself in the mass of data.
Start by choosing between 3 and 6 direct and indirect competitors. You will have enough points of comparison, while keeping control.
Direct competitors do the same thing as you, with the same customer base. Indirect competitors offer a relatively similar type of product or service, but with different communication.
Now that you know what you are looking for, and where to look, make a list of the different features using the attached download sheets. You can already give them a note of interest between 1 and 10.
Illustrate these templates with screenshots, photos, or video recordings. You do not have to analyze them yet.
It’s time to do the pros and cons of your finds. But be careful, to do this make sure to stay focused on the UX. For example, ask yourself:
In order to get a better idea of the impact of your competitor’s product, you can organize user tests on them. Of course, this means that you will need to increase your research budgets. But tell yourself that the results of this research can be very useful. It’s about having a complete view of what might become the key to your product’s success.
Use the template to list the strengths and weaknesses of your product. Just as in step 4, be careful to keep your attention on UX. You can now compare your product to that of your competitor.
Assessing your strengths and weaknesses and comparing them to your competitor can help you identify opportunities for improvement. You will develop a good foundation of work to convince members of your organization of the importance of innovation.
It’s time to synthesize the fruit of your research and draw conclusions. You can write a summary of your analysis and the recommendations that follow. Feel free to illustrate your comments and explain in detail the key elements you have discovered. Finally, be sure to communicate to your team what should be placed in absolute priority and why.
In the UX world things can change quickly, do not hesitate to follow up regularly (once a year).