our competitive set

USAGE SUMMARY

The phrase "our competitive set" is correct and usable in written English.
It is typically used in business contexts to refer to the group of competitors that a company is comparing itself against. Example: "In order to improve our market position, we need to analyze our competitive set and identify areas for growth."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

She also distances the two papers by saying the Mail "is not in our competitive set".

The Guardian

"In this hugely fragmented media environment, we understand that our competitive set is not other papers.

The Guardian

The NYT thinks the Mail counts too many peripheral figures for comfort – and anyway "it is not in our competitive set", according to a slightly sniffy spokesman.

The Guardian

"They're not in our competitive set, to be honest," Martin Clarke, the editor of Mail Online, said when I asked him about the Times.

The New Yorker

"We are No. 4 in our competitive set, which is Elle, Vogue, W, and Bazaar, in terms of advertising," Ms. Lewis said, adding that she believed "the window between us and W is closing".

The New York Times

"Our competitive set is moving ahead, so we can't afford to pull back," said Carole Walker, vice president for integrated marketing communications at the Mars Snackfood U.S. division of Mars in Hackettstown, N.J.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

The BodeTree program, for example, has sliding meters that allow you to adjust your company's ranking on important metrics within your competitive set and see the impact on your valuation.

The New York Times

Different: Are you truly differentiated from your competitive set?

Forbes

Strategic transformation changes a company's competitive set.

Harvard Business Review

The trunk, with capacity of 14.7 cubic feet, is the roomiest in its competitive set.

The New York Times

The essence of the competitive intelligence perspective is the view of the competitive set as a whole.

Harvard Business Review

Expert writing Tips

Best practice

Regularly reassess "our competitive set" as market dynamics and the competitive landscape evolve.

Common error

Don't assume that all companies in your industry are part of "our competitive set". Focus on those that directly compete for the same customers and offer similar products or services.

Linguistic Context

The phrase "our competitive set" functions as a noun phrase, identifying a group of competitors that a company benchmarks itself against. Ludwig AI confirms its usability in various contexts.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Formal & Business

20%

Academia

10%

Less common in

Science

10%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "our competitive set" is a noun phrase used to refer to the group of competitors a company benchmarks itself against. According to Ludwig, the phrase is correct and usable in written English, and the examples show it is most frequently used in news and business contexts. When discussing strategy, market analysis, or competitive advantages, consider how you define "our competitive set" to ensure clarity and precision in your communication. By understanding the composition and dynamics of "our competitive set", businesses can better position themselves for success.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

our main competitors

Identifies the primary rivals in the market.

our direct competitors

Implies that the competitors have similar products or services.

our market competitors

Directly refers to those competing in the same market.

our industry rivals

Specifies competition within the same industry.

the competition we face

Emphasizes the challenges posed by competitors.

our peer group

Emphasizes companies of similar size or stage.

our benchmarking group

Highlights the act of measuring against these companies.

our rival group

Focuses on the adversarial aspect of competition.

companies we compete with

A more descriptive and less formal alternative.

our competitive landscape

Highlights the overall market and competitive factors.

FAQs

How do I define "our competitive set"?

Define "our competitive set" by identifying companies that directly compete for the same customers and offer similar products or services. Consider factors like market share, geographic location, and target audience.

Why is it important to analyze "our competitive set"?

Analyzing "our competitive set" helps you understand your market position, identify opportunities for growth, and develop strategies to gain a competitive advantage. It provides valuable insights into industry trends and best practices.

What are some alternatives to "our competitive set"?

You can use alternatives like "our rival group", "our peer group", or "our main competitors" depending on the context.

How often should I review "our competitive set"?

Review "our competitive set" regularly, at least annually, to ensure it accurately reflects the current market landscape. Market dynamics and the competitive environment can change quickly, so staying up-to-date is crucial.