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Who are the main competitors of company X?
Overview of answers
This question can be two-fold:
- Competitors of consulting company you are interviewing for – then just name them, you probably applied for all of them anyway ;)
- Competitors of any company they name – this question is for sure not asked in MBB, but can be asked in Tier 2-3, so to prepare for that question:
- Make a list of the industries they work in
- Identify biggest companies in your region in those industries – this way you will already know the names once you go into that interview
Hope this helps!
Best,
Daniil
Customer:
Which kind of customers company X has?
Product:
Which kind of products company X sells?
Competitor:
To which segment company X belongs to?
Which region is the main selling areea of compnay?
Company:
Which kind of contribution channels company X has?
More than the other two top-tier strategic consulting firms, I would say that the competitors are the smaller ones (ex: MBS), as they can potentially steal some market share by their lower fines.
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In case of Inhouse consultancy, what would be the answer?
Do I look for the competitors of the whole company?
DHL consulting is the main competitor for company X
Main competitor of X would be the one which has similar product, largest marketshare in same region and often seen as an alternative by consumers or clients.
I assume company Y and Z
y z
Tesla, BMW, Audi
our main competitors are Tier 1 IT service companies and in some cases product companies, from a Talent acquiring and retention standpoint but from a target market standpoint, our main competitors are the tier 3 IT service companies and even startups in this space
I would consider the main competitors to be nurseries in the area as well as private nannies not affiliated with KK.
Your company has the advantage in that…
bain, mckinsey and boston consulting group