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The bad news is that you’ll need a lot of time to gather information, and the determination and persistence to uncover hard-to-find stories and data. But that’s not to say you can’t use a DIY approach to competitive intelligence – just that it will take you time to learn where to look, and how to access crucial details.
Knowing how to get competitor pricing is essential for the competitive intelligence of any business. It helps you make informed decisions about your own pricing strategies, market positioning, and potential opportunities. Mystery shopping Mystery shopping involves posing as a potential customer to gather pricing information directly.
And there are many different sources from which to pull this information. Types of Market Research. Market research is vast, and it can be overwhelming to know where to pull data from and what details to include in a report. These questions can be answered by conducting consumer behavior research. We’ll explore those now.
However, investors and businesses face many challenges when researching new topics due to the sheer volume of information and resources available online. Navigating efficiently through public data, earning calls, press releases, and more can be incredibly overwhelming for researchers. There’s so much value in expert calls.
Within the ever-evolving realm of the life sciences industry , fast-paced healthcare investment research plays a crucial role in providing timely insights on valuable opportunities for financial investors.
This requires that organizations make decisions that are informed by secondary data, and targeted primaryresearch. Best practices to collect, filter, and integrate multiple information sources and how to leverage each source to specific scenarios. To register for this upcoming webinar, please click here.
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. The secondary monitoring provides a comprehensive overview of the market and competitivelandscape.
Webinar 1: An introduction to competitive intelligence MONDAY, JUNE 17 AT 10AM ET Learn the latest strategies to analyze your competitivelandscape, explore the external and internal factors shaping your markets, and how to gain insights into your competitors’ strategies. Key Takeaways: What is competitive intelligence?
“Contify’s AI-enabled market intelligence platform enabled our pharma client to anticipate market changes and stay on top of the rapidly changing competitivelandscape. Competitive intelligence companies excel in primaryresearch and have a close relationship with their clients.
Competitive intelligence is the practice of gathering, analyzing, and acting on information about your market, industry activity and disruptions, competitors, and their products/services. What key market trends and competitive insights can I leverage to grow my business?
For tech companies wanting to stay competitive in the current economic climate, market research is imperative. It enables companies to understand the market and competitivelandscape, stay informed on competitors’ moves, and track rapidly evolving consumer preferences.
AlphaSense, a leading market intelligence platform, offers superlative alternative data, or alt data, under the Expert Insights suite of primaryresearch. Unlike traditional data sources, like financial reports and surveys, alternative data encompasses a wide array of information gathered from various sources.
Competitive market analysis helps you make informed decisions about anything from marketing to hiring. No matter how great your gut feeling is, don’t try to find your competitive advantage based on intuition alone. The same goes for finding your way in your competitivelandscape. Need a starting point?
Competitive market analysis helps you make informed decisions about anything from marketing to hiring. No matter how great your gut feeling is, don’t try to find your competitive advantage based on intuition alone. The same goes for finding your way in your competitivelandscape. Need a starting point?
Whether you’re entering a new market, investigating nascent growth opportunities, or crafting a strategic recommendation, the first step to transforming that blank slate into a successful outcome is undoubtedly understanding the market landscape. To fuel smart decisions, mapping the landscape typically involves three key steps: 1.
In today’s fast-paced and ever-evolving business landscape, staying ahead of the competition is more challenging yet more crucial than ever. Having a dedicated and comprehensive competitor analysis framework is critical, as is the ability to access all the competitiveinformation you need in one place.
Within that universe of content, Expert Insights can be a critical tool for filling the gaps in M&A research and strategy by providing nuanced insight into any public or private company —straight from the mouths of the experts themselves. Below we explore five surefire ways that Expert Insights can lead to successful M&A for any firm.
Ultimately, companies and financial professionals track DEI information all year round, whether for ESG or Pride, because it speaks to the larger themes that companies grapple with when conducting their business in an evolving social climate. .” – Former Director, Abercrombie & Fitch Co.
It requires constant sifting through the ever-expanding supply of available information, as well as finding relevant insights amidst the noise. These first-hand perspectives are a critical addition to the secondary research that most professionals rely on in their market research, landscaping, and monitoring.
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