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Secondary market research involves utilizing preexisting data and insights gathered from various sources in the past. Unlike primaryresearch, which gathers new and original data through surveys or experiments, secondary research relies on already available information. But why is it so important, exactly?
At Aqute, we’ve spent more than two decades refining our approach to competitive intelligence, and this experience gives us an advantage when it comes to uncovering the most valuable and insightful information. For most companies, this means creating a spreadsheet and starting your secondary research.
This article provides a comprehensive guide on how to find competitor pricing using a variety of methods, ranging from direct research to leveraging advanced competitive intelligence tools and techniques. Primary methods involve direct interaction and observation, while secondary methods focus on analyzing existing published information.
Our other post focused on primary market research––including what it is, the methods used, and both the advantages and disadvantages of using it as a data source. As a quick summary, primary market research is a form of research where data is collected, analyzed, and interpreted through an organization’s internal efforts.
As a primaryresearcher, I look for ways to motivate people to share. 7 Timeless Competitive Intelligence Tips – Here are a few: Company insularity is not a competitive advantage. What’s neat about EQ versus IQ, is that we can learn and be coached to improve our EQ skills. Don’t forget that your employees are smart.
The new normal requires new tools to navigate and gain a competitive advantage. This requires that organizations make decisions that are informed by secondary data, and targeted primaryresearch. The real game-changer is an information advantage, and that comes from getting information the competition can’t get.
Research location : Depending on your research design and data collection method, you will have the respondents come to you, you to them, or conduct desk research. Each has its own advantages and challenges. We will now go into more detail on the market research process itself to help you fill in those blanks.
To add to the above, you’ll need both primary and secondary research. Instead, think of your secondary research as informing you for your primaryresearch. PrimaryResearch: This type of research is research you do yourself, or hire someone to do for you.
How AI-enabled competitive intelligence solutions can drive informational advantage. What is an informational advantage? Having an informational advantage means you have access to data that your competitors don’t have. One way to develop such an information advantage is by integrating information from all possible sources.
Let’s start with the methods used to collect primaryresearch. Methods in Primary Market Research. Returning to primary market research, let’s see what else it’s about, as it may be defined by what it sets out to accomplish. Advantages of Primary Market Research.
As industry applications for expert insights expand beyond its more traditional niches in investment and consulting, companies across a range of industries are leveraging the value of expert insights to refine their services and gain competitive advantages. Ready to evolve your primaryresearch with Expert Insights?
Empower your business with comprehensive competitor research At the core of our Competitor Intelligence services, Fuld & Company’s research capabilities empower you to gain a deeper understanding of your competitors. However, we ensure the confidentiality of the experts we interview by not divulging their names.
Competitive intelligence companies excel in primaryresearch and have a close relationship with their clients. By partnering with AI-enabled market and competitive intelligence platforms like Contify, they gain an informational advantage by integrating the best of both the worlds of primaryresearch and secondary monitoring.
Utilize its advanced search capabilities to access a wide range of information, including earnings call transcripts, broker research , SEC filings, news articles, and more. Supplement with the Expert Transcript Library : Add a layer of primaryresearch to your efforts using our expert transcript library.
The webinar focused on the evolving nature of competitive market intelligence and provided an essential guide to business professionals for augmenting growth with the integration of ‘Primary and Secondary’ intelligence advantage.
While you shouldn’t base all of your product-based research on this KPI, it is very valuable, and you should use it to your advantage frequently. Another aspect to consider when looking at how to present market research data is your audience’s willingness or motivation to purchase your product. b) Purchase Intention.
Expert calls are primary perspectives that drive a deeper, more nuanced understanding of topics. Whether you’re riding the train or waiting in line for your morning coffee, take advantage of micro-opportunities for productivity by easily browsing new, relevant content across your research portfolio.
You’ll learn: The impact of external factors like PESTEL Why internal dynamics are important How to identify market trends for competitive advantage 3. Doing the Research Learn how to conduct thorough and ethical research to gather valuable data, and discover the tools and sources needed for gathering competitive intelligence.
Why our process outshines the rest Many providers or AI solutions rely solely on templates and third-party data for creating Battle Cards, often missing the nuances and in-depth understanding that can only come from the core of your business.
Why our process outshines the rest Many providers or AI solutions rely solely on templates and third-party data for creating Battle Cards, often missing the nuances and in-depth understanding that can only come from the core of your business.
Stream in AlphaSense provides businesses with valuable expert insights for investment research on target sectors, industries, or companies through its expert transcript library or one-on-one expert calls. This integration provides you with the most robust and comprehensive research platform in the world.
Best for: Easy access to powerful, cost-effective primaryresearch. Stream is the market’s leading library of proprietary expert interview transcripts that allows professionals to get smart on new markets, competitors, and geographies instantly, as well as easily integrate primaryresearch into their workflow.
Optimizing Competitive Intelligence by Integrating PrimaryResearch and Secondary through AI-Enabled Solutions. The new normal requires new tools to navigate and gain a competitive advantage. Watch Webinar?. SaaS Magazine’s Prestigious ‘SaaS 1000’ Honors Contify For Its Fast Growth.
Erik has extensive experience working with clients to help them gain competitive advantage and insights in the marketplace through the integration of qualitative and quantitative primaryresearch focused CI. He has been active in the competitive and strategy consulting field since 1986.
Erik has extensive experience working with clients to help them gain competitive advantage and insights in the marketplace through the integration of qualitative and quantitative primaryresearch focused CI. He has been active in the competitive and strategy consulting field since 1986.
When combined with AlphaSense’s powerful artificial intelligence (AI), Expert Insights is the most comprehensive and efficient primaryresearch method with more robust search capabilities than other forms of primaryresearch. This growth has led to innovation within the consumption model for transcript-based research.
Below, we discuss the components of effective tech market research, as well as how conducting market research on the AlphaSense platform gives you the leading edge. Primaryresearch is also valuable when testing out the feasibility of a new product or when developing a new feature. Start your free trial today.
Expert interviews are a critical primaryresearch tool that financial professionals often leverage to complete their investment process with last-mile, experiential insights. That expert call may be one of the single advantages in the stack.
During turbulent times, the advantages of harnessing expert transcripts become even more crucial: Relevant Insights : Expert transcripts provide an up-to-date view of market sentiment, allowing investors to gauge the weight of conversations and make strategy adjustments promptly.
To stay ahead of new trends, identify risks and opportunities, and gain competitive advantages, you need the ability to conduct deeper market analysis that goes beyond simply consuming information but that helps you make smarter decisions and build better strategies. Other topics and markets may not see such straightforward results.
Competitive intelligence research answers questions such as: What are my competitors’ strengths and weaknesses? What advantages do they have that I don't have? This leads to a faster, more intelligent primaryresearch and solid competitive strategy. How much do competitors charge for their product or service offerings?
Identifying the fastest growing markets and familiarizing yourself with the players in those will help you figure out your own competitive advantages, so you can enter new markets with confidence, being able to lead—not just follow. You can also use primaryresearch to talk to local suppliers, for more successful export planning.
Our dedicated compliance team carefully reviews each transcript to ensure it aligns with regulatory requirements, minimizing the risk of exposing primaryresearch to MNPI. Optimize your research budget by exploring the ROI of Expert Insights in our whitepaper, The Expert Insights Flywheel: Maximize Return on Your Time.
A powerful meta description can bump up your click-through-rate, so take advantage of this opportunity. The primaryresearch for this blog was conducted by Sharon Enkaoua , CMS & Marketing Campaign Manager at SimilarWeb. But it is one more opportunity to grab the attention of searchers. Check out our step-by-step guide.
Whether you’re looking to refine your market strategy, innovate more effectively, or enhance your competitive advantage, mastering competitor analysis is your key to sustained success and growth. AlphaSense provides best-in-class AI features that truly move the needle for our customers and give them the biggest advantage.
However, only 21% of insurers have the tools for advanced data analytics capabilities, and fewer (19%) are taking advantage of advanced technologies to streamline operations, enrich experiences, integrate across emerging ecosystems, and make faster and more data-driven decisions.
No matter how great your gut feeling is, don’t try to find your competitive advantage based on intuition alone. It enables you to work in a way that fits the market needs, based on research. Whether it’s a treasure hunt or driving to your holiday destination, maps are your friend. Need a starting point?
No matter how great your gut feeling is, don’t try to find your competitive advantage based on intuition alone. It enables you to work in a way that fits the market needs, based on research. Whether it’s a treasure hunt or driving to your holiday destination, maps are your friend. Need a starting point?
Some of GenAIs most transformative advantages, such as improved decision-making or enhanced customer experience, can be difficult to quantify, making ROI calculations complicated. At the same time, organizations must maintain a realistic understanding of their AI maturity to avoid overestimating readiness or scaling too quickly.
This primaryresearch is a crucial complement to the secondary research sources most professionals traditionally rely on. With Stream in AlphaSense, users have access to an expansive library of expert calls and transcripts that reveal firsthand perspectives they wouldn’t find anywhere else. Who uses expert networks?
We’ll also cover how to leverage AI-driven insights and primaryresearch to reveal deeper, often overlooked trends — all designed to help you stay ahead of the curve. Advanced tools and techniques: Learn how to identify deeper trends and insights with primaryresearch and data analysis. Register now to secure your spot!
Practical Insight: Primaryresearch is the best way to uncover the market factors that will impact your product. This knowledge is the next step towards positioning your product to maximize its unique benefits and take advantage of gaps in other offerings. Are they targeting a specific segment? What features do they emphasize?
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