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UX Challenges

Competitive Analysis

Competitive Analysis Competitive Analysis

Scenario

You’re a product designer in a large financial corporation. Management has decided to build a new mobile app that lets people buy and sell stocks commission-free.

You're put on the design team for this new app. Since it's early in the process, you're asked to review the competitive design landscape by identifying and researching similar apps. The design team will use your analysis to find opportunities to stand out and differentiate the product.

Task

Perform a UX competitive analysis of real companies that would be the competitors of this fictional app. Create a report of what you find.

Extra Credit: Include specific recommendations in the report about how your team can differentiate the app and what design opportunities you can take advantage of.

Tutorials

If you need help with this challenge, check out our hand-picked tutorial recommendations.

How to Conduct a Competitive Audit

dscout.com

Essential Ingredients For Every Competitive Analysis

uxdesign.cc

A Guide to Competitive Analysis for UX Design

xd.adobe.com

Competitive Analysis Done Right

uxdesign.cc

Tools

Not sure which tools to use? Try one of these.

Miro

miro.com

Notion

notion.so

Airtable

airtable.com

Figma

figma.com

Share Your Results

When you finish the challenge, post your work on Twitter and we'll give you feedback! Be sure to use the hashtag #uxtoolschallenges and tag our account @uxtoolsco. We'll keep an eye out and repost good examples on a regular basis.

We're also building a new paid community for designers where you'll be able to get even more feedback. See more details.

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