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Creating the perfect marketing analysis

Learn how to analyze your market systematically – with a SWOT template, examples, and free tools.

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Marketinganalyse erstellen für Gründer
77% of successful startups regularly conduct market analyses (Harvard Business Review)

Video: marketing analysis simply explained

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You want to start a business but don't know if your idea will work in the market? A Marketinganalyse gives you the answers. It shows you how big your market is, who your competitors are and whether there are enough paying customers.

In this guide you learn step by step how to build a professional marketing analysis - even without a marketing degree.

1. What is a marketing analysis?

A marketing analysis is the systematic study of all factorsthat influence the success of your business. It answers the key questions before founding:

Why the marketing analysis is so important

The marketing analysis is a mandatory part of any business plan. Banks and investors check especially critically whether you understand your market. A good analysis shows that you are not just dreaming but deciding based on data.

2. The 5 components of a marketing analysis

A complete marketing analysis consists of five building blocks that build on each other:

Die 5 Bestandteile einer Marketinganalyse

1. Market analysis

How big is the market? What trends exist? Is it growing or shrinking?

2. Competitor analysis

Who are your competitors? What are their strengths and weaknesses?

3. Target group analysis

Who buys your product? What are their needs and pain points?

4. SWOT analysis

Strengths, weaknesses, opportunities and threats - all at a glance.

5. Marketing mix (4Ps)

Product, Price, Place and Promotion - the four pillars of your marketing strategy. You develop them based on the insights from the first four analyses.

Tip: Haven't done the target group analysis yet? Then first read our guide on finding your target group.

3. Market analysis: understanding size and trends

The market analysis answers the fundamental question: Is the market big enough for your business?

These KPIs you need:

Kennzahl Bedeutung Beispiel
TAM Total Addressable Market - Gesamtmarkt weltweit Globaler Kaffeemarkt: 495 Mrd. USD
SAM Serviceable Addressable Market - Dein erreichbarer Markt Café-Markt Deutschland: 8 Mrd. EUR
SOM Serviceable Obtainable Market - Realistischer Marktanteil Cafés in deiner Stadt: 2 Mio. EUR

Common mistake: TAM instead of SOM

Viele Gründer präsentieren den riesigen Gesamtmarkt (TAM) und vergessen, dass sie nur einen winzigen Teil davon realistisch erreichen können. Konzentriere dich auf den SOM - das ist die Zahl, die für deinen Businessplan zählt.

Where to find market data?

4. Conduct a competitive analysis

The competitive analysis shows you who you are up against — and where your chances lie.

Wettbewerbsanalyse durchführen

Step 1: Identify competitors

Differentiate between:

Step 2: Analyze competitors

For each competitor, find out the following:

1

Offering and prices

What do they offer? At what prices? Are there discounts or bundles?

2

Target group

Whom do they target? Is there a niche they ignore?

3

Marketing and channels

Where do they advertise? Social media, Google Ads, locally? What works for them?

4

Read reviews

Google reviews show strengths and weaknesses from the customer perspective. Worth gold!

Pro tip: Mystery Shopping

Become a customer of your competitors yourself. Buy their product, test their service, experience their customer journey. You will learn more in an hour than from days of online research.

5. SWOT analysis with template

The SWOT analysis brings all insights together. It shows you at a glance where you stand.

What does SWOT mean?

SWOT template to fill in:

Strengths (internal)

  • Your expertise and experience
  • Unique product/service
  • Location advantage
  • Strong network

Weaknesses (internal)

  • Limited resources
  • Lacking experience in certain areas
  • Dependence on suppliers
  • Unknown brand

Opportunities (external)

  • Growing market
  • New trends (e.g. sustainability)
  • Weak competition
  • Technological developments

Threats (external)

  • New competitors
  • Economic uncertainty
  • Regulatory changes
  • Price wars in the market

How to use the SWOT analysis correctly

Stärken + Chancen: Hier liegt dein größtes Potenzial. Fokussiere dich darauf!
Schwächen + Risiken: Hier musst du aufpassen. Entwickle Strategien zur Risikominimierung.
Stärken + Risiken: Nutze deine Stärken, um Risiken abzuwehren.
Schwächen + Chancen: Investiere in Weiterentwicklung, um Chancen nutzen zu können.

6. Concrete example: Founding a café

Theory is good, practice is better. Here's what a marketing analysis for a café founding in Heidelberg could look like:

Marketinganalyse Beispiel Café

Example: Café "Bohnenglück" in Heidelberg

Market analysis:

  • German café market: approx. EUR 8 billion in revenue (Deutscher Kaffeeverband)
  • Heidelberg: approx. 160,000 residents + 30,000 students
  • Trend: specialty coffee growing at approx. 10% per year
  • SOM: estimated district potential: EUR 500,000 per year

Competitive analysis:

  • 5 direct competitors within a 500-meter radius
  • Competitor weaknesses: no specialty coffee, few vegan options
  • Gap: no café with a co-working area for students

Positioning:

"The first specialty-coffee café in the old town with a co-working area for students and remote workers."

What makes this example good?

It is specific (Heidelberg, not "Germany"), data-driven (concrete numbers) and shows clear differentiation (specialty coffee + co-working). That convinces banks and investors.

7. Free tools for your analysis

You do not need an expensive budget for a good marketing analysis. These tools help you for free:

Tool What for? Cost
Google Trends Analyze search trends and seasonality Free
Statista Market data and statistics (basic version) Partially free
SimilarWeb Website traffic of competitors Free version
ChatGPT Initial research and structuring Free (GPT-3.5)
Business Start Software Complete marketing analysis with AI support Free trial version

ChatGPT prompt for your market analysis:

Prompt: create market analysis

I am planning to start a business in [YOUR INDUSTRY] in [YOUR CITY/REGION]. Create a market analysis for me with: 1. Estimated market size (TAM, SAM, SOM) 2. Current trends and developments 3. Growth forecast for the next 3-5 years 4. The 3-5 most important competitors 5. Opportunities and risks in the market Use current data and cite your sources.

Create your marketing analysis automatically

With Business Start Software you create your complete marketing analysis in under 30 minutes - AI-powered and professional.

Try it free now

8. The 5 most common mistakes

We see these mistakes again and again — avoid them!

Mistake 1: Too superficial

"The market is large" is not enough. Banks want to see concrete numbers: market size in euros, growth rate in percent, number of competitors.

Mistake 2: Ignoring competition

"I have no competition" is a red flag. Either there is no market, or you have not researched properly.

Mistake 3: Outdated data

Market data from 2019 is worthless in 2026. Use current sources and check the publication date.

Mistake 4: Researching only online

You get the best insights in real life: conversations with potential customers, visits to competitors, local observations.

Mistake 5: Copy-paste from the internet

Generic market analyses from the internet convince no one. Banks and investors immediately recognize when you have not done your own research. Your analysis must match your specific venture.

9. Marketing analysis with Business Start Software

Want to create your marketing analysis professionally? The Business Start Software guides you step by step through the process.

How it works:

1

Describe your business idea

Enter your industry and location. The AI automatically researches relevant market data.

2

Enter competitors

Name your most important competitors. The tool analyzes their strengths and weaknesses.

3

Generate SWOT

Based on your inputs, the AI creates a complete SWOT analysis.

4

Export as PDF

Download your finished marketing analysis as a professional PDF - ready for banks and investors.

Create your marketing analysis now

Start for free and create your professional analysis in under 30 minutes.

To Business Start Software

All tools at a glance:

Tip for the founders grant

For the founders grant from the employment agency you need a convincing business plan with market analysis. The Business Start Software creates all documents in the right format - also eligible for funding via AVGS.

Ready for your marketing analysis?

Start now with the Business Start Software.

Start free

Need support with founding your business?

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