Value Proposition Design

Competitive Alternatives: Benchmarking the Status Quo

Benchmark against real alternatives, including doing nothing. Use win‑loss insight and comparable metrics to see why the status quo wins and how to beat it.

Competitive alternatives include not only direct rivals but also ______.

the status quo/do‑nothing and workarounds

regulators

employees in other departments

VC investors

Buyers often compare your offer to inaction or makeshift solutions, not just competitors.

A practical way to benchmark the status quo is to track win rates against ______.

website traffic sources

company LinkedIn followers

specific competitors and no‑decision outcomes separately

press mentions

Splitting ‘lost to status quo’ from rival losses reveals different obstacles to progress.

Win‑loss interviews should be conducted by ______ to reduce bias.

the CEO only

a neutral researcher or PMM, not the original seller

the account executive who worked the deal

an SDR from a different region

Neutral facilitators get more candid feedback and avoid defensive dynamics.

A strong analysis step is to tag interview insights by themes like ______.

font choices

slide count

pricing, product gaps, implementation risk, and champion fit

color preference

Consistent tagging enables pattern detection and prioritised fixes.

Which metric best signals a status‑quo problem rather than a competitive loss?

higher CPCs in search

more webinar signups

high ‘no decision’ rate with risk or timing cited

lower NPS among employees

Frequent ‘no decision’ points to fear, risk, or low urgency—different from being out‑competed.

To make comparisons fair, create a ______ before analysis.

list of recent hires

deal cohort with clear inclusion criteria and time window

random sample of social posts

all leads since founding

Cohorting ensures apples‑to‑apples comparisons across alternatives.

Benchmarking should use evidence from ______, not just internal opinions.

competitor rumors

weekly pipeline emails

ad hoc anecdotes

buyer interviews, surveys, and objective deal data

External evidence reduces bias and clarifies true reasons for outcomes.

A useful deliverable for sales after benchmarking is ______.

more generic demo slides

a longer brand manifesto

a new logo

updated battlecards with quantified traps and counters

Translating findings into frontline tools closes the loop from insight to action.

One early warning that the status quo will win is ______.

no clear champion with authority to change

the prospect using Slack

attendance at a webinar

a competitor’s new logo

Change stalls without a capable champion to mobilise stakeholders.

A fair like‑for‑like comparison should normalise for ______.

implementation timeline and total cost to switch

social share of voice

press coverage sentiment

website theme

Switching costs and time drive real‑world adoption; include them alongside price/features.

Starter

Good start—review definitions and basic diagnostics for this topic, then retake.

Solid

Nice grasp—tighten edge cases and trade‑offs; apply the tools to live scenarios.

Expert!

Excellent—you’re balancing judgment with evidence and can teach this topic to others.

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