Competitive Strategist Job Description [Updated for 2025]

In today’s fiercely competitive business landscape, the role of competitive strategists is more crucial than ever.

The world of business is in constant flux, and with each shift, the demand for shrewd individuals who can craft, refine, and steer strategic initiatives becomes more pressing.

But what does it really mean to be a competitive strategist?

Regardless of whether you are:

• A job seeker aiming to comprehend the core of this position,
• A hiring manager outlining the perfect applicant,
• Or just fascinated by the intricacies of competitive strategy,

You’ve landed at the right spot.

Today, we present a flexible competitive strategist job description template, built for effortless posting on job boards or career websites.

Let’s dive right into it.

Competitive Strategist Duties and Responsibilities

Competitive Strategists use their expertise in analysis, strategic planning and market trends to understand the competitive landscape of their industry.

They assist businesses in gaining a competitive edge by developing strategies based on this understanding.

They have the following duties and responsibilities:

• Analyze industry trends and competitor strategies
• Identify opportunities and threats in the marketplace
• Develop strategic plans to address these opportunities and threats
• Work closely with various teams to implement the strategic plans
• Monitor and analyze the success of the strategies and make necessary adjustments
• Conduct market research to identify new potential markets
• Develop forecasts for business growth and market trends
• Present findings and recommendations to senior management
• Create and maintain a comprehensive database of competitor information
• Collaborate with the sales and marketing teams to develop competitive positioning
• Advise on potential partnerships and acquisitions

 

Competitive Strategist Job Description Template

Job Brief

We are seeking a talented and analytical competitive strategist to identify business growth opportunities for our company.

Your role will include understanding the market dynamics, researching competitive products, services, and strategies, and providing recommendations based on your findings.

Our ideal candidate has a strong understanding of business strategy and the ability to use data to make informed decisions.

You will be responsible for helping us stay ahead of our competition by understanding industry trends and aligning our products and services with market needs.

 

Responsibilities

• Research and analyze competitive strategies, products, and market trends
• Identify opportunities for business growth and improvement
• Develop and implement competitive intelligence strategies
• Collaborate with cross-functional teams to develop and implement strategic plans
• Present findings and recommendations to senior leadership
• Monitor and report on competitive activities and developments
• Provide insights for product development and marketing strategies
• Maintain up-to-date knowledge of industry trends and competitive landscape

 

Qualifications

• Proven experience as a Competitive Strategist or similar role
• Strong understanding of market research and data analysis methods
• Excellent knowledge of business strategy and operations
• Ability to analyze data and provide insights
• Strong communication and presentation skills
• BSc degree in Business Administration, Marketing, or relevant field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Competitive Strategist
• Work Environment: Office setting with options for remote work. Some travel may be required for market research or industry events.
• Reporting Structure: Reports to the Director of Strategic Planning or Business Development Manager.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $75,000 minimum to $150,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Competitive Strategist Do?

Competitive Strategists typically work for businesses across various industries, marketing agencies or as independent consultants.

Their primary role is to help an organization gain a competitive edge in the market.

They analyze market trends, competitor strategies, customer behavior, and the organization’s capabilities to develop strategic plans.

These strategies are aimed at improving the company’s market share, increasing profitability, and enhancing customer satisfaction.

Competitive Strategists are also responsible for identifying potential threats and opportunities in the market.

They monitor the competitive landscape and analyze the strengths and weaknesses of competitors to devise effective counter-strategies.

Moreover, they collaborate with marketing, sales, product development, and customer service teams to implement the strategies effectively.

They may also be involved in training these teams on how to leverage competitive insights in their roles.

They often present their findings and strategic recommendations to the company’s leadership, persuading them to adopt their plans.

Their role also includes monitoring the results of implemented strategies and making necessary adjustments to ensure the company’s competitiveness in the market.

Additionally, Competitive Strategists may be responsible for conducting market research, developing competitive intelligence frameworks, and providing inputs for product development and pricing strategies based on the market and competitor trends.

 

Competitive Strategist Qualifications and Skills

A proficient Competitive Strategist needs a variety of professional skills, analytical abilities and industry knowledge to analyze competitors and market trends and develop effective strategies, such as:

• Strong analytical skills to analyze market trends, competitor behavior, customer preferences, and other external forces that impact business strategy.
• Ability to use market research tools and techniques to gather competitor intelligence and identify competitive threats and opportunities.
• Excellent strategic thinking and planning skills to develop effective competitive strategies and tactics that leverage the company’s strengths and mitigate its weaknesses.
• Exceptional communication and presentation skills to clearly articulate competitive strategies to internal stakeholders and obtain their buy-in.
• Good interpersonal skills to work effectively with teams across the organization, including marketing, product development, sales, and senior management.
• Problem-solving skills to deal with complex business challenges and devise effective solutions.
• Business acumen and understanding of the industry to make sound strategic decisions that take into account the competitive landscape and market dynamics.
• Leadership abilities to drive the implementation of competitive strategies and foster a competitive culture within the organization.

 

Competitive Strategist Experience Requirements

Entry-level Competitive Strategists usually have around 2-3 years of experience, often gained through internships or part-time roles in business strategy, marketing, or related fields.

They may also have experience with competitive analysis, market research, data analysis or other business-related analytical roles.

Candidates with more than 3-5 years of experience have often honed their strategic thinking skills, experience in conducting comprehensive market and competitive analysis, and developed a deeper understanding of business operations in roles like Business Analyst, Market Research Analyst, or Strategy Consultant.

Those with more than 7 years of experience in the field are typically considered experts and may have significant leadership experience.

These individuals have likely held roles such as Senior Strategist or Strategy Manager and are equipped with the skills necessary to guide a company’s competitive strategy decisions effectively.

In addition to work experience, successful Competitive Strategists often have a strong educational background, usually a bachelor’s degree in Business Administration, Marketing, Finance or a related field.

A master’s degree in Business Administration (MBA) or a related field is often preferred for senior roles.

 

Competitive Strategist Education and Training Requirements

Competitive Strategists typically have a bachelor’s degree in business administration, marketing, or a related field.

They are also often required to have a strong background in market analysis, strategic planning, and business development.

A master’s degree in business administration (MBA) with a concentration in strategy, marketing, or a related discipline is often preferred by employers.

This advanced degree can help to deepen the strategist’s understanding of competitive analysis, strategic planning, and market trends.

Some positions may also require a Competitive Strategist to have professional certification in strategic management or a similar field.

These certifications can enhance the strategist’s skills and demonstrate their commitment to staying updated with the latest strategies and trends.

Competitive Strategists are also expected to have a good understanding of data analysis tools, as these are often used in the evaluation of competitors and market trends.

Additionally, experience in the field or industry the company operates in is highly beneficial, as it offers valuable insights into the specific challenges and competitive dynamics of that industry.

 

Competitive Strategist Salary Expectations

A Competitive Strategist can expect to earn an average salary of $87,634 (USD) per year.

The actual income may fluctuate depending on factors such as years of experience in the field, the size and industry of the employing company, and the geographical location of the job.

 

Competitive Strategist Job Description FAQs

What skills does a competitive strategist need?

A competitive strategist needs a variety of skills to excel in their role.

They need to have strong analytical skills to understand market trends, competitive landscape, and customer behavior.

Additionally, they should possess excellent communication and presentation skills to effectively share insights and recommendations to various stakeholders.

Problem-solving skills, strategic thinking, and a strong business acumen are also essential in making sound business decisions.

 

Do competitive strategists need a degree?

Most competitive strategists hold at least a bachelor’s degree in business, marketing, or a related field.

However, a master’s degree in business administration (MBA) can be beneficial for more senior positions.

The role often requires knowledge in market research, business strategy, competitive analysis, and financial modeling, which are typically covered in these degrees.

 

What should you look for in a competitive strategist resume?

In a competitive strategist’s resume, look for a blend of education, experience, and skills.

They should have a degree in a related field and experience in areas such as market research, competitive analysis, and strategic planning.

Strong analytical skills, proficiency in data analysis tools, and experience in presenting insights and strategic recommendations are also key factors to consider.

Any experience in leadership roles or successful implementation of strategies can be a strong plus.

 

What qualities make a good competitive strategist?

A good competitive strategist is naturally curious and constantly seeks to understand the competitive landscape and how it affects the business.

They are analytical thinkers who can synthesize complex information and translate it into actionable insights.

Good competitive strategists are also persuasive communicators who can effectively convey their ideas and convince others of their strategies.

They are also proactive, adaptable, and always willing to learn and stay updated with the latest industry trends.

 

What are the daily duties of a competitive strategist?

The daily duties of a competitive strategist can vary based on the industry and company.

However, typical tasks include monitoring and analyzing market trends, competitor activities, and customer behavior.

They may also spend time developing and implementing competitive strategies, collaborating with other departments, and presenting findings and recommendations to senior management.

Additionally, they might be responsible for conducting competitive intelligence research and keeping abreast of industry developments.

 

Conclusion

And there you have it.

Today, we delved deep into the fascinating world of competitive strategy.

Surprise!

It’s not just about analyzing markets and competitors.

It’s about shaping the future of business, one strategic decision at a time.

Armed with our comprehensive competitive strategist job description template and real-world examples, you’re ready to leap forward.

But why limit yourself?

Expand your horizons with our job description generator. It’s your next step to creating precise job listings or refining your resume to an art form.

Remember:

Every strategic decision contributes to the larger business landscape.

Let’s shape the future of commerce. Together.

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