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Gathering competitiveintelligence is a challenge. On average, it takes up one-third of all time spent on the CI process (the other two parts of the process being analysis and activation). A consistent stream of sound competitive data—i.e., What needs to be done before gathering competitiveintelligence?
At this point, you’ve got a strong grasp on competitiveintelligence (CI). If you’re really on your game, you might even be proficient in the analysis of competitiveintelligence. You know what it is, why it’s important, and how to gather it. That’s awesome. But, wait — digestible materials that who can use?”.
So, you’re getting ready to conduct a SWOT analysis — fantastic! Whether you’re a marketer, an executive leader, a competitiveintelligence (CI) professional, or someone else entirely, you’re on your way to making smarter and more impactful decisions. If introspection were easy … nevermind.
In our first installment of the Crayon Customer Corner, we sat down with Carolyn Klinger, Director of Market and CompetitiveIntelligence at Affinity. Carolyn recently purchased Crayon for the second time , but that’s not the primary reason we wanted to chat with her.
Competitiveanalysis has benefits for virtually every business. And yet, many businesses abandon competitiveintelligence initiatives soon after they’ve begun. This stems from what we call the CI cycle of death , a faulty approach to CI that quickly becomes the elephant you can’t eat (not even one bite at a time).
Market research is an important––but often overlooked––element of the wider Market and CompetitiveIntelligence (M/CI) process. In many organizations market research and competitiveintelligence report into different areas of a company. Related: Choosing the right competitiveintelligence tools for your organization.
More than two-thirds of competitiveintelligence professionals say their in-house team is responsible for win/loss analysis. That’s a lot of ground to cover between the hours of 9am and 5pm—which is why simple win/loss analysis templates can be tremendously helpful. A template for segmenting lost deal rationale.
The ubiquity of marketing activity across platforms like Twitter and LinkedIn has given rise to social media competitiveanalysis—an exercise that companies undertake in hopes of improving their own strategies. What is social media competitiveanalysis? Present your analysis. Create your template (or use ours).
How to do SWOT Analysis With CompetitiveIntelligence Questions This post asks how to do SWOT Analysis with CompetitiveIntelligence questions. SWOT analysis is the most popular, well known and obvious strategic intelligence tool to identify Strengths, Weaknesses, Opportunities, and.
Competitiveanalysis frameworks are indispensable for anyone who wants to extract meaning from intel and inspire action across their organization. When we talk about competitiveintelligence, we’re talking about a three-step process: track, analyze, act.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. The Market and CompetitiveIntelligence (M/CI) world is full of terms with subtle differences in both definition and usage. Competitiveanalysis is one such term.
Most businesses know their own strategy through and through, and recently, more companies than ever before are investing in competitiveintelligence. This brings us to a concept called competitive benchmarking, which is critical to competitiveanalysis success. What is Competitive Benchmarking?
Effective competitiveintelligence requires constant aggregation and analysis in order to turn information into actionable insights. But how do you get the right intelligence, how do you draw conclusions from that data, and what do you do with that analysis? and reading online reviews. It ain't easy.
Best competitor analysis tools. Competitor analysis plays a vital role in the strategies of many of the world’s leading firms, acting as an important input into key strategic decisions. Crunchbase. Visualping. LexisNexis. Knowledge360 ?.
CompetitiveIntelligence questions to NATS Strategy Analysis and Development manager This article is the fourth in a series. We talk to Henry Leoni, Manager Strategy Analysis and Development at NATS, providers.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Cipher’s competitiveintelligence analysts have spent countless hours walking business leaders through the CI process.
To predictably win in your industry, you need current, relevant competitiveintelligence. Regular, effective competitor analysis will help you achieve this success. Without a clear view of the playing field, there is a good chance you’re going to move forward with the wrong (or incomplete) strategies.
Both synthesis and analysis play an important role in market and competitiveintelligence (M/CI), but are two markedly different stages of a broader CI process. All too often, business leaders conflate synthesis and analysis, a mistake that can be very damaging to the overall success of M/CI efforts within an organization.
The HERE MI team has a broad remit of tactical (Battlecards, Industry Briefs, Buyer Analysis & Perceptions) and strategic deliverables (Industry POVs, Value-Chain Assessments, Market Sizing, and Scouting Reports). in market and competitiveintelligence leader roles.
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As businesses identify trends and implement data, the need for vulnerability analysis (VA) arises. As part of a broader competitiveintelligence strategy, vulnerability analysis provides key data and insight. Knowing critical elements of the market in which you’re competing is a vital and ongoing exercise.
CompetitiveIntelligence professionals and product marketing leaders know the struggle of being resource-constrained. Product marketing in particular often owns competitiveintelligence (and all that goes with it) but can’t dedicate head count to this critical, strategic area of the business.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Competitiveanalysis is a central part of any market and competitiveintelligence (M/CI) strategy.
It is virtually impossible for a competitiveintelligence team to manually analyze all of this data. That is where competitor analysis tools come in. These tools automate competitiveanalysis, making it easier for your team to get the information that you need when you need it.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Analyzing competitors is a key activity for businesses in all industries, and plays a central role in the overall CompetitiveIntelligence (CI) strategy of the firm.
As industries become increasingly competitive and companies experience unprecedented levels of disruption , the role of CompetitiveIntelligence (CI) has never been more important.
Looking for a market and competitiveintelligence tool to improve competitor tracking, help your business become your industry’s leader and monitor market disruptors? We’ve put together a side-by-side review of three leading market and competitiveintelligence tools: Crayon, Knowledge360, and Kompyte Analysis Software.
Back-to-school season is always an exciting time of year. Classmates come together to trade tales of summertime adventure (and, eventually, employment). Teachers brainstorm new ways to engage and empower their students. Parents wonder how their kids are getting so old.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Would you be surprised if I told you, highly competitive companies usually know the most about their competitors? What is CompetitiveAnalysis? No you would not.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Competitor analysis is a process the best companies activate to gain a competitive advantage.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. LexisNexis is a media monitoring database that provides resources for competitiveanalysis.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. In any sector, the only way to be competitive is to know your competitors inside and out. This is accomplished through thorough, ongoing competitor analysis.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Gaining a competitive advantage is not possible without first analyzing your competitors. The benefits are obvious; the process is not always easy.
Welcome to Goodbye Information, Hello Intelligence , a monthly coffee chat hosted by leadership at Cipher Systems to uncover nuggets of wisdom from the world's foremost competitiveintelligence leaders. The following are notes from Goodbye Information, Hello Intelligence: Episode 02.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Competitor analysis is crucial to any marketing and production strategy. Competitiveanalysis promotes better market reactions, product price setting and marketing strategy.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Reaping the benefits of competitor analysis is the easy part, but knowing where to start? Successful companies know what their competitors are up to. Not so much.
Beth Goode , director of CompetitiveIntelligence and Price-To-Win with SOS International (SOSi), recently spoke with ArchIntel regarding how to find talent and construct a CompetitiveIntelligence team within a company, as well as how to gather and synthesize data to provide actionable insights to decision makers and stakeholders.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. Its database is known as EDGAR, which stands for Electronic Data Gathering, Analysis and Retrieval.
This is a guest blog from Natalya Zhukova at SEMRush. The perfect scenario for any business is to have a growing market share within an expanding market. Yet in the real world, that’s rarely the case.
This article is called Competitor Analysis for any size business with a quick and dirty tool. What is Competitor Analysis? Competitor Analysis is an evaluation of your identified. The post Competitor Analysis For Any Size Business With a Quick and Dirty Tool appeared first on Octopus CompetitiveIntelligence.
One of the most basic tasks in competitor analysis is finding the competitors customer list. There are websites dedicated to aggregating such lists, and most software companies tell you at least some of their customers on their website. How does AI do at this task?
If you work in the competitiveintelligence space in the insurance industry, you’re probably well aware of the importance of analyzing your competitors. The Role of InsData Consumer Insurance Data in CompetitiveIntelligence. Data plays a huge role in competitiveintelligence functions at insurance providers.
This article is a part of our competitor analysis resource center. Visit the complete competitor analysis resource center for more content like this. IMF is the International Monetary Fund. The IMF is a sister organization to the World Bank and the largest lender of public funds worldwide.
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