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CompetitiveIntelligence (CI) is a function that fits into every business strategy. No matter what your product or service is, you’ve got competitors fighting to win the same business as you and crafting strategies to stand out from the rest of your market.
Businesses have never been more agile than they are right now. As markets become more crowded and pivots become more frequent, investments in competitiveintelligence (CI) are growing like never before.
A lot has happened in 2020 that has impacted businesses across the globe and changed how many of us run our businesses. For the competitiveintelligence (CI) professionals out there, how are you adjusting your CI program plans? How are you aligning your CI initiatives with the business’s key goals for the coming year?
As a competitiveintelligence analyst , you know how difficult it is to be successful without the support of sophisticated technology. The amount of data you have to deal with on a daily basis is simply unfathomable and continues to grow at an ever-faster pace.
Today is a great day because you’ve just been hired to spearhead a competitiveintelligence (CI) program at your company. When you’re starting a new initiative and integrating a new practice into an existing business strategy, you want to make sure you’re as prepared as possible.
Qualtrics and Knowledge360 are both software tools with competitiveintelligence features. Qualtrics empowers businesses to collect meaning and useful feedback that turns into data points. Their work fuels a brand’s competitiveintelligence with meaningful stats, trends and market data.
One of the greatest barriers to successful competitiveintelligence (CI) efforts in organizations of all sizes is the existence of silos. Silos are the enemy of many modern businesses, and not just in regards to CI.
So, you have made the strategic decision to invest in competitiveintelligence software! First of all, congratulations on taking your first step to a more efficient and effective CI function in your business.
Competitiveintelligence, often referred to as CI, is at the heart of every high-performing organization. By practicing competitiveintelligence, organizations can take steps to stay ahead of their competition, maximize business performance, and ensure sustainable long-term success.
Today is a great day because you’ve just been hired to spearhead a competitiveintelligence (CI) program at your company. When you’re starting a new initiative and integrating a new practice into an existing business strategy, you want to make sure you’re as prepared as possible.
Every year, for the last four years, Crayon has conducted the State of CompetitiveIntelligence Report — a survey of the competitiveintelligence (CI) community that yields deep insights regarding industry trends, investment growth, process evolution, and more.
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.
You’re working hard to deliver on the competitiveintelligence requests that come through your inbox, but as far as you can tell, very few people are consuming the insights and materials you produce. Things could be going better.
Competitiveintelligence (CI) is a necessary part of forming a business strategy that actually works. The research a team performs on competitors can drive everything from product pricing to trading tactics. CI analysts are the people behind the curtain.
As the folks here at Crayon combed through the results of our 2021 State of CompetitiveIntelligence Report , an exciting theme jumped out at us: Competitiveintelligence (CI) programs are growing, they’re growing fast, and they’re more important to their organizations than ever before.
Today, organizations of all sizes hire and maintain product managers, product marketers, and business operations teams–all titles that have come into prominence over the last decade. As competitiveintelligence professionals, we can learn a lot from history.
The perfect scenario for any business is to have a growing market share within an expanding market. This is a guest blog from Natalya Zhukova at SEMRush. Yet in the real world, that’s rarely the case.
Maybe you’re building a business case for the formalization of a sales enablement strategy and looking for quantitative data that you can use to your advantage. Or maybe you’re just curious. No matter what you’re trying to accomplish, you’ve come to the right place.
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.
There are five big factors that affect the efficiency of a company’s competitiveintelligence team, according to Peter Grimm , president of Cipher Consulting. The Cipher chief discussed the five factors that drive efficiency in competitiveintelligence. The first factor is the competitiveintelligence team’s location.
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. We’ll begin with some relatively broad SWOT analysis questions to get you thinking about your business and your competitive landscape.
In response, businesses that had previously generated comfortable levels of in-person traffic to their stores found themselves racing to adopt digital transaction methods. In recent years, the financial services industry has undergone massive and near-constant change. First, the COVID-19 pandemic altered our spending habits completely.
Market intelligence expert Paul Roetzer recently spoke with Shilpa Tandon , marketing manager of Contify , who discussed how the company’s marketing artificial intelligence solution works. The post Collecting CompetitiveIntelligence Using Artificial Intelligence-Powered Solution From Contify appeared first on ArchIntel™.
Let’s discuss the best ways to use competitiveintelligence in today’s market. As a business owner, there’s no doubt that you would focus on collecting data and researching the best marketing strategies solely for your business. What is competitiveintelligence? ArchIntel™ -.
Competitive analysis has benefits for virtually every business. And yet, many businesses abandon competitiveintelligence initiatives soon after they’ve begun.
The sales battlecard is an extraordinarily impactful tool for any business in a competitive B2B market. As we'll discuss in the 2021 State of CompetitiveIntelligence Report (coming soon!), 71% of businesses that leverage sales battlecards say these tools have helped them increase their win rate.
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.
They, like every other business on the planet, are coming into 2023 with all kinds of newfangled ideas. Effective competitiveintelligence requires constant aggregation and analysis in order to turn information into actionable insights. While they might be a thorn in your side, your competitors aren’t special. It ain't easy.
Competitiveintelligence (CI) services offer businesses valuable insights into their market and competition. Competitiveintelligence services: What is it, and why do you need it? Competitiveintelligence (CI) involves gathering and analyzing information about your competitors and the market.
A blog entry in The Startup, however, says the advent of online open-source intelligence gathering techniques has made the job of spying on business rivals a completely legal and even respectable endeavor. It seeks to improve the market position of one’s business through educated decision-making, he added.
Brian Greenberg , head of Marketing CompetitiveIntelligence with Aruba Networks , subsidiary of Hewlett Packard Enterprise (HPE), and member of HPE’s CompetitiveIntelligence Council, recently spoke with ArchIntel regarding how to develop trust with stakeholders and decision makers, how to remove data bias and build an effective team.
Competitive battlecards (also known as competitor battlecards, or more simply as battlecards) can add a tremendous amount of value to your suite of sales enablement collateral. As industry competition intensifies, so, too, does the need for reliable, actionable intel.
Klue, a competitiveintelligence platform provider based in Vancouver, Canada, has secured $62 million in additional funding after a Series B financing round led by Tiger Global Management. Smith launched Klue with the goal of enabling businesses to go toe-to-toe with their competitors. ArchIntel™ -.
Octopus Intelligence reveals in its website how it helped such a company, an iconic British fashion brand, identify weaknesses in its age-old way of conducting business and win back the market share it lost to competitors. Even the most established brands are not immune to disruptions in an ever-evolving global marketplace.
Competitiveintelligence analysis helps businesses maintain or gain a strategic market advantage. LinkedIn, with its network of over 750 million users worldwide, is an indispensable competitiveintelligence tool, and no competitiveintelligence research is complete without it.
You want the best competitiveintelligence that money can buy, with mind-blowing insights that will propel your sales forward. Our new template does all the hard work of explaining what competitiveintelligence delivers, how it will help your team, how to calculate the benefit and how long it will take.
We have blogged before about competitiveintelligence companies, but we did not discuss a related type of competitiveintelligence provider: competitiveintelligence software companies. Below is our current list of competitiveintelligence software specialists.
Artificial intelligence (AI) is no more confined to big businesses. As the technology matures and becomes more affordable, it has found a place in startups and small businesses as well. That’s why AI is permeating the small business ecosystem in a big way. I’m going to discuss how to grow a small business using AI.
You’ve likely thought a lot about these factors at your business. Information you collect about competitors and customers, which helps you maintain a competitive advantage, is known as competitiveintelligence. Growing your market share is impossible without it in today’s hyper-competitive environment.
It has been too long since we updated our list of competitiveintelligence companies. These are companies, mainly in the US and Europe, for whom competitiveintelligence is their main or only focus. Here is our latest list of competitiveintelligence consultants.
At all business levels—and especially at the enterprise level—product pricing can be a challenging yet vital activity. Whether your company is B2B or B2C, leveraging competitiveintelligence when pricing your product is a surefire way to put your brand in the driver’s seat and claim your share of the market.
The Market and CompetitiveIntelligence (M/CI) world is full of terms with subtle differences in both definition and usage. Competitive analysis is one such term. It is distinct from competitor analysis , and also from terms like market intelligence, competitiveintelligence, and businessintelligence.
defense establishment have been so absorbed by the warfighting applications of intelligence that they have failed to appreciate its value in peacetime competition against potentially hostile forces. An article on Defense One on Friday urges the Intelligence Community to borrow some tactics from the corporate world’s playbook.
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 competitive analysis success.
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