Boldthink Blog_How to Position Your Business Above Competitors and Stand Out in the Market
MarketingStrategy

How to Position Your Business Above Competitors and Stand Out in the Market

Never miss out.
Sign up for our newsletter.


The most successful brands don’t leave things to chance—they have a clearly defined brand strategy that sets them apart from competitors. Without one, it’s impossible to judge whether your brand is moving in the right direction. If you’ve been in business for years, developing or refining your brand strategy now can help you communicate your value more effectively, uncover new opportunities, and drive revenue growth. If you’re just getting started, it will serve as a roadmap to differentiate your business, build awareness, and grow your audience.

So, how do you position your business above competitors? It all comes down to understanding what makes you different and making sure that difference matters to your audience. In this blog, we’ll break down how to compare your business to competitors, what factors to evaluate, and how to use that information to create a brand that stands out.

Step 1: Identify Your Competitive Landscape

Before you can position yourself above competitors, you need to know who they are and what they’re doing. Start by identifying direct and indirect competitors:

  • Direct Competitors: These are businesses that offer the same product or service to the same audience (e.g., two coffee shops in the same neighborhood).
  • Indirect Competitors: They serve the same audience but offer a different solution to the same problem (e.g., a coffee shop vs. an energy drink brand).

How to Research Competitors:

  • Google Search: Look up industry keywords and see who ranks at the top.
  • Social Media Monitoring: Check out competitors’ social channels to see how they engage with their audience.
  • Customer Reviews: Read their customer feedback to understand what they do well and where they fall short.
  • Mystery Shopping: Experience their product or service firsthand to compare it to yours.

Step 2: Define What Makes You Different

Your Unique Value Proposition (UVP) is what sets you apart. If you’re offering the same product or service as everyone else, customers will have no reason to choose you.

Ask yourself:

  • What do we do that no one else does?
  • How do we solve customer problems differently?
  • What benefits do we offer that competitors don’t?

Example of Differentiation:

Let’s say you own a boutique fitness studio. You research local competitors and find that:

  • One focuses on high-intensity training
  • Another specializes in yoga and mindfulness
  • A third offers big-box gym pricing with minimal personal attention

You realize that your biggest strength is offering personalized fitness coaching with a community-focused approach. That’s your differentiator, and it should be front and center in your branding and messaging.

Step 3: Compare Key Business Factors

Now that you’ve defined your competition and differentiation analyze specific business factors to see where you can gain an advantage.

This type of comparison helps you pinpoint where you excel and where you need to improve.

Key Areas to Compare and Improve:

  1. Customer Experience – Are you offering better service, personalization, or convenience?
  2. Pricing Strategy – Are you offering more value for the price or positioning yourself as a premium option?
  3. Brand Perception – Is your brand voice, messaging, and identity more compelling?
  4. Product/Service Differentiation – Are you offering something unique that competitors can’t easily replicate?

Step 4: Use Branding to Strengthen Your Positioning

A strong brand strategy ensures that customers recognize and prefer your business over competitors. If you’re not actively shaping how your brand is perceived, customers will decide for themselves—and that’s a risk you don’t want to take.

How to Strengthen Your Brand Positioning:

  • Craft a Clear Brand Message – Make sure your website, social media, and marketing materials communicate why you’re different and why that matters.
  • Refine Your Visual Identity – From logos to color palettes, ensure your branding aligns with your positioning.
  • Develop a Consistent Brand Voice – Whether you’re fun and playful or serious and professional, your tone should be the same across all channels.
  • Build Brand Authority – Use content marketing, case studies, and testimonials to showcase your expertise.

Example: Tesla vs. Other Car Brands

  • Tesla positioned itself as an innovator, leading the electric vehicle movement.
  • Other car brands had hybrid technology, but Tesla’s branding made electric vehicles aspirational.
  • Their brand strategy made them the go-to choice for forward-thinking, tech-savvy consumers.

Step 5: Close the Gaps and Seize Opportunities

If your business isn’t growing as fast as you’d like, there may be gaps in your strategy that competitors are capitalizing on. Developing a brand strategy can help you identify:

  • Untapped Markets – Are you missing a niche audience that your competitors aren’t serving?
  • Weaknesses to Improve – Are your customer service, pricing, or product quality lacking compared to others?
  • Marketing Opportunities – Are your competitors using tactics (SEO, influencer marketing, paid ads) that you’re neglecting?

Example: How a Restaurant Can Seize an Opportunity

  • Current Issue: A high-end restaurant sees a competitor offering a successful takeout option.
  • Opportunity: Introduce a high-quality, branded to-go menu to capture more market share.
  • Result: They increase revenue without changing their core business model.

Step 6: Execute and Measure Your Success

Once you’ve positioned yourself above competitors, the work isn’t done. Regularly measure success using:

  • Website traffic & engagement metrics – Are more people visiting and interacting with your brand?
  • Sales & customer retention rates – Are new customers choosing you over competitors?
  • Customer feedback & reviews – Are people recognizing your differentiation and value?

Build a Brand That Leads the Market

Positioning your business above competitors isn’t about being the cheapest or the biggest—it’s about being the most relevant and valuable to your audience. Whether you’ve been in business for years or are just getting started, a brand strategy gives you clarity, direction, and a competitive edge.

If you’re ready to take your brand to the next level, start by defining your unique value, strengthening your brand identity, and consistently communicating why customers should choose you over anyone else.

Need help refining your brand positioning? Let’s talk—we can help you craft a strategy that makes your business the standout choice in your industry.

INSIGHTS BLOG
Boldthink Blog_When Marketing Misses the Mark
Marketing, News

When Marketing Misses the Mark

Marketing missteps happen—even to some of the world’s most recognizable brands. But when a strategy is out of sync with your audience’s values, expectations, or current cultural tone, the fallout…
READ NOW