Competition Deck: A Simple Guide for Startups and Founders

Read Time:
4 Min 21 Sec
Author:
Arun Thangavel
05.12.2025

A competition deck is one of the most important parts of a pitch deck. It shows who your competitors are and how your business is different from them. Investors study this section closely. They want to see if you know your market well and if your startup can survive and grow.

In this guide, you will learn what a competition deck is, why it matters, what to include, common mistakes, and how to create a strong competition deck that investors trust.

What Is a Competition Deck?

A competition deck is a section in your pitch deck that explains your competitors. It also shows how your product or service is better or different.

Every business has competition. Even if your idea is new, people already use other ways to solve the same problem. A competition deck helps you explain:

  • Who your competitors are
  • What they do well
  • Where they fall short
  • Why is your solution better

This slide helps investors understand your market clearly.

Why Is a Competition Deck Important?

The competition deck builds trust. It proves that you have done real market research. It also shows that your business has a clear place in the market.

Here are the main benefits:

  • It shows your market position
  • It highlights your strengths
  • It builds investor confidence
  • It supports your business story
  • It improves your business strategy

Investors look at the competition deck to decide if your idea can grow and make money.

When Should You Add the Competition Deck in Your Pitch?

The best place for the competition deck is after the market size section. By then, investors already understand:

  • The problem
  • Your solution
  • The product
  • The market size

After that, the competition deck shows how your business fits into this market.

What Investors Look for in a Competition Deck

Investors expect honest and clear information in your competition deck. They want to see that you truly understand your market and the players in it.

Your competition deck should clearly answer these key questions:

  • Who are your key direct and indirect competitors?
  • How do customers solve this problem today?
  • What makes your solution different from others?
  • Why would customers prefer your product or service?
  • What is your biggest advantage in the market?
  • What market gaps do you fill?
  • What risks do competitors create for your business?

Investors do not like overconfidence, hidden risks, or false claims. A strong competition deck builds trust through clarity, honesty, and real understanding of the market.

What to Include in a Competition Deck

Your competition deck should focus on facts and value. Avoid too many details. Keep it simple and powerful.

Here are the most important elements:

1. Your Market Position

Explain where your business stands in the market. Use one simple line to define your place.

2. Direct and Indirect Competitors

Direct competitors offer the same product. Indirect competitors solve the same problem in a different way. Include both.

3. Unique Selling Proposition (USP)

Your USP is what makes your product special. It should be clear and easy to understand.

4. Key Differences

Show how you are better in areas like:

  • Price
  • Speed
  • Technology
  • Ease of use
  • Customer support

5. Strengths and Weaknesses

Be honest. Show where competitors are strong, too. Then explain how you handle their strengths.

6. Risks and Threats

Mention competitive risks. This shows maturity and planning.

Common Mistakes to Avoid in a Competition Deck

Many founders make small mistakes that reduce trust. Avoid these errors:

  • Saying you have no competition
  • Showing only the bad points of competitors
  • Using confusing visuals
  • Claiming you are the best without proof
  • Overloading the slide with too much data
  • Using only feature comparisons

Best Practices for a Strong Competition Deck

Follow these best practices to make your competition deck powerful:

  • Use simple visuals
  • Be realistic and clear
  • Highlight real customer value
  • Match it with your problem and solution slides
  • Focus on benefits, not only features
  • Keep the slide clean and readable

A clean slide makes a big impact.

Design Tips for a Competition Deck

Design plays a big role in how investors understand your slide.

  • Use logos instead of long company names
  • Keep colors soft and clean
  • Use readable fonts
  • Avoid overcrowding
  • Use diagrams and tables
  • Leave enough white space

Good design helps investors understand faster.

Popular Ways to Show Competition

You can visualize competition in many simple ways:

1. Comparison Table - Shows features side by side.

2. Two-Axis Graph - Shows position based on two key factors like price and quality.

3. Group Categories - Competitors grouped by type or use.

4. Venn Diagram - Shows overlap between solutions. Choose the method that best explains your story.

How to Create a Winning Competition Deck Step by Step

Step 1: Research the Market Deeply

Study your industry. Learn how customers buy. Explore how competitors grow.

Step 2: List All Competitors

Write down all direct and indirect competitors.

Step 3: Filter the Most Important Ones

Pick 3 to 6 strong competitors. Too many create confusion.

Step 4: Compare Real Value

Do not compare small features. Compare real values like cost, speed, trust, and ease.

Step 5: Define Your Advantage

Write clearly what makes you different and better.

Step 6: Pick the Right Visual

Choose a clean visual that explains your position in one glance.

Step 7: Add Honest Insights

Mention market risks and challenges.

Why the Competition Deck Helps Beyond Fundraising

The competition deck is not only for investors. It also helps your internal team.

It helps you:

  • Improve strategy
  • Find new growth areas
  • Understand customer needs
  • Strengthen product position
  • Prepare for market threats

A strong competition deck guides your business decisions.

Why the Competition Deck Matters

A competition deck is not meant to show that you are alone in the market. Instead, it proves that you clearly understand the market and are fully prepared to compete and grow. It reflects your knowledge of the industry, the strength of your business model, and the direction of your future growth. When done well, it builds investor confidence by showing that you are aware of challenges, ready to face competition, and focused on long-term success. A strong competition deck can transform simple interest into real trust and trust into actual investment.

Got more questions about fundraising? Reach us here.

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