Research

How to Find Your Competitors and Alternatives

Your real competitors are the options your buyers consider, not the companies you think about most. Many deals are lost to a spreadsheet, an agency or a decision to wait. Find competitors by searching the way buyers do and by asking the buyers themselves.

ShoutEx Team · Data checked October 3, 2026
Your buyer decides who you compete with.Competitor Analysis for founders · Data checked October 3, 2026
3
Types: direct, indirect and status quo
7
Places to look
1
Question to ask every new customer

How do you find your competitors?

  • Search your category and problem terms, plus “alternatives to” and “vs” searches.
  • Browse category pages on software review sites.
  • Ask AI assistants which tools solve your buyer’s problem; see AI search.
  • Check who bids on your keywords and category terms in search ads.
  • Read Reddit threads and communities where buyers ask for recommendations.
  • Ask every prospect and customer what else they looked at.
  • Note what buyers used before you: spreadsheets, agencies, in-house tools.

What types of competitors should you track?

TypeExample for a route-planning SaaSWhy it matters
DirectOther route-planning softwareSame buyer, same job
IndirectA full TMS with routing built inSame budget, broader product
Status quoSpreadsheets and a senior dispatcherOften the biggest competitor
ServicesConsultants who plan peak seasonSolves the job without software

Choose three to five from this list to study; the process is in how to do a competitor analysis.

What should you ask buyers?

“What else did you look at?” and “What would you have done if we didn’t exist?” Ask on every discovery call and record answers in the CRM so you can count them. The interview method is in customer discovery interviews.

Example · Competitors mentioned in calls
Last 40 discovery callsFictional SaaS, counted from CRM notes
AlternativeMentionsType
Spreadsheets24Status quo
RouteCo11Direct
FleetSuite7Direct
TMS add-on5Indirect
Illustrative example for a fictional company.
The status quo often leads.
Founder rule

Count what buyers mention.

The competitor you worry about most is often not the one your buyers bring up.

How do you build your competitor list?

  1. Run ten searches your buyer would use and note every company.
  2. Check two review site categories.
  3. Ask an AI assistant for options and note who it names.
  4. Add a “competitors considered” field to your CRM.
  5. Review the list every quarter.

Frequently asked questions

How do I find my competitors?

Search like a buyer, check review sites and AI answers, look at search ads and communities, and ask prospects what else they considered.

What is the difference between direct and indirect competitors?

Direct competitors solve the same problem the same way; indirect ones solve it differently or as part of a broader product.

Is the status quo a competitor?

Yes. Spreadsheets, agencies and doing nothing often win the most deals.

How do I find competitors for a new idea?

Search the problem, not your solution, and ask potential buyers how they solve it today.

Can AI tools find my competitors?

They can suggest options. Confirm each one by checking its site and buyers.

How many competitors should I track?

Three to five closely, and a wider list reviewed quarterly.