Find Competitors of Any Company and Measure Their Similarity with Google Sheets
Free Template + Step-by-Step Guide
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Finding and comparing similar companies is a tedious task that gets regularly performed by a range of professionals such as investors and founders mapping competitive landscapes or salesmen growing their lead funnel.
Thankfully, we can automate this process with modern tools.
Today, I share a comprehensive guide that combines two different approaches to identify similar companies at scale. Subsequently, I auto-generate summaries of their respective business descriptions and create a similarity matrix that allows you to spot the closest competitors with ease.
All in Google Sheets and without a need to code.
It’s 100% free and easy to replicate.
How to Get Started
Login to your Google Account and create a new Google Sheet
Add a name to your sheet, click on “Extensions” > “Apps Script”
Find Similar Companies via Google Programmable Search Engine and G2
Open the new tab “Apps Script” and replace the whole project with the code below (→ remove “myFunction{}”). Note that this approach uses G2 (peer review platform for software solutions) to search for similar companies and is thus most reliable for more mature companies.
/**
* Find similar companies via G2
*
* @param {string} companyName - Name of the company
* @returns {string} Result
* @customfunction
*/
function SimilarCompanyG2(companyName) {
if (companyName == ""){return "Error - Input is empty"}
// Replace these with your actual API key
const API_KEY = 'YOUR_API_KEY'
const SEARCH_ENGINE_ID = 'e298e2926913441fc';
// Formulate the query to find top 10 alternatives of a company on G2's website
searchQuery = "Top 10 " + companyName + "Alternatives & Competitors site:g2.com/products"
// Construct the URL for the Google Custom Search JSON API
searchUrl = `https://www.googleapis.com/customsearch/v1?key=${API_KEY}&cx=${SEARCH_ENGINE_ID}&q=${encodeURIComponent(searchQuery)}`;
// Send a GET request to the API
response = UrlFetchApp.fetch(searchUrl, {method: 'get'});
// Parse the JSON response
data = JSON.parse(response.getContentText());
// If there are any items in the response data
if (data?.items?.length > 0) {
competitorsList = data.items[0]?.pagemap?.listitem;
// Log the competitors list
console.log(competitorsList);
// Filter competitors with a URL and a position, then map to their names
competitors = competitorsList?.length > 0 ? competitorsList.filter(item => !!item.url && !!item.position).map(item => item.name) : "Not found";
// Log the filtered competitors
console.log(competitors);
// If there are any competitors, return them as a comma-separated string, else return "Not found"
return competitors?.length > 0 ? competitors.join(', ') : "Not found";
} else {
return "Not found";
}
}
Rename your project to “Similar Companies G2”
Get a Custom Search API Key. Click on “Get a key” and follow the steps below.