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If you’re like most people, you can feel your market getting more and more competitive with each passing year. New startups emerge. Established companies steer into your lane. And all the while, you continue to go head-to-head with familiar foes.
Bridging the gap between IT leadership and business strategy For CIOs and technology leaders, aligning IT with business goals demands more than technical knowledge; it requires a thorough understanding of the company’s overarching business objectives, competitivelandscape, culture, capabilities, and long-term vision.
The economic and competitivelandscape is extremely dynamic, and customers expect more seamless, personalized, and efficient experiences, Pappas says. The pace of change in the global market and technology landscape demands organizations that can adapt quickly.
Whether you’re a marketer, an executive leader, a competitive intelligence (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 competitivelandscape.
We’ve talked at length about brand positioning on the Crayon blog—from creating positioning maps to identify where your brand exists in the competitivelandscape, to crafting messaging hierarchies that arm your marketing and sales teams with a layered set of selling propositions.
Win/loss analysis is an essential practice for anyone who wants to better understand their competitivelandscape and continuously optimize processes across sales, marketing, product management, and beyond. Why do we win some deals and lose others? How often do we win against Competitor XYZ?
What exactly does a competitive matrix look like and what are the benefits? Analyzing your competitivelandscape is key to understanding where and how you fit into the market of available solutions. Here are a few types of competitive matrices that can provide insight into your marketlandscape.
A data-driven email marketing strategy is paramount for businesses to survive in such a competitivelandscape. Surveys have shown that 73% of marketing professionals believe email marketing is essential to their organization’s success. Typically, the return on emails is $42 for each dollar spent.
In today’s competitivelandscape, Customer Experience (CX) is the ultimate differentiator for brands striving to stand out. Strong CX initiatives can drive customer loyalty, repeat purchases, and word-of-mouth marketing, while excellent EX ensures that employees are invested in delivering those experiences.
When building such a strategy for a business, I encourage tech leaders to first examine their competitivelandscape, and then ask what the drivers of change are in their markets, and what dynamics are influencing the environment in which they compete. There are numerous examples of this in action.
In a Wednesday posting on the BMC web site, company CEO and president Ayman Sayed said the decision to split was made because “it was determined the two companies will better serve their markets individually. Under the new arrangement, he said, BMC, which is owned by private equity (PE) firm KKR & Co.,
In a move that significantly bolsters its position in the cloud services market, IBM has announced it is acquiring HashiCorp , a multicloud infrastructure automation company, for $6.4 What IBM gains from HashiCorp acquisition IBM’s acquisition of HashiCorp strengthens the company’s play in the hybrid cloud and DevOps market.
Regulatory complexities and infrastructure gaps pose challenges to IT spending, hindering innovation and market entry. Some have launched sovereign cloud services tailored to the unique needs of specific Gulf Cooperation Council (GCC) markets,” said Burt.
What is the Current State of the Market for Leading U.S. telecom B2B market from a revenue perspective, largely due to the companies’ established footing in the B2B market among businesses of all sizes. telecom B2B market. B2B market. Telecom B2B Market You’ll Learn: B2B revenue comparison of leading U.S.
These new entrants are no longer on the fringes of the industry but have seized market share and mindshare in what was previously a safe sector for incumbents. Digital-first startups have changed expectations fuelling demand for faster transactions and innovative services. In this situation, complexity will always increase.
Artificial intelligence has changed marketing in extraordinary ways, which is why the market for AI in the marketing profession is booming. Marketing companies spent over $35 billion on AI in marketing research alone last year, but they are likely to spend as much on AI-driven SEO. This shift drives change in SEO.
This competitivelandscape is increasingly driving banks to adopt a cloud-native approach to applications. Another strength is the Microsoft Cloud’s ability to enable “appification” and real-time integrations, which are key to achieving growth in today’s markets.
This development is particularly notable in specific categories: TEMU is rapidly gaining market share, trailing closely behind SHEIN in Apparel & Accessories (3.61% vs. 4.45% SOV). These insights reveal TEMU as a significant player, especially in markets beyond Apparel & Accessories. and 9.27%, respectively.
When a business tracks it's competitors, it can deploy stronger market campaigns, deliver differentiated product offerings and better analyze strategic groups. What is Competitive Analysis? Some create startup profiles and others configure market trends, inform SEO strategy or facilitate a SWOT analysis.
One characteristic of most of the SaaS industry today is that the vast majority of solutions are horizontal – there are functional SaaS solutions for Sales & Marketing (one of the most crowded and ripe-for-consolidation subsegments), for Finance, for HR, and of course for IT. Verticals, however, offer a less crowded playing field.
Around 60% of them reported that composability enables faster responses to market changes, enhances customer experiences, and accelerates the development and implementation of new functionalities. To thrive in this competitivelandscape, companies must prioritize implementing innovative composable systems.
We also deployed CRM software that covers a broad set of applications and software designed to help businesses manage customer data and customer interaction, access business information, automate sales, provide marketing and customer support, and manage employee, vendor and partner relationships.
To build brand loyalty in today’s competitivelandscape, you need to make sure you’re everywhere your customers are. A multi-channel marketing approach can help you craft the right message through your consumers’ preferred channels. What Is Multi-Channel Marketing? The Benefits of Multi-Channel Marketing.
‘Processes such as Purchase-to-pay should be consumed out of the (cloud) box’ ‘If you differentiate yourself in a particular market segment, all other parts (your non-differentiating capabilities) should be consumed as standard as possible from the cloud SaaS providers. This means you consume the majority of the market standards.
Understanding your competitors’ pricing helps you make better decisions to increase your market share and profitability. Competitive pricing analysis is not just for large businesses; it benefits all industries and business sizes. Engaging in a competitive pricing analysis provides valuable insights beyond just setting prices.
To be successful, sales professionals need to be experts in many different areas at once: their product’s strengths and weaknesses, their prospects’ pain points and needs, and the broader economic and competitivelandscapes. Marketing departments create brand language that resonates with buyer personas.
Since marketing went digital, the industry hasn’t been the same. Recently, there has been a renewed interest in ‘marketing hacks’ as B2B marketers have started to realize traditional marketing methods are no longer useful in a competitivelandscape. Four Tried and True Digital Marketing Strategies.
There are three competitive analysis frameworks a company can use to its benefit, according to Conor Bond , a content marketing and search engine optimization specialist at Crayon, the provider of a software-driven competitive intelligence platform. Another example is the groupings framework.
AI can be especially important for e-commerce companies trying to create apps to help them compete in an increasingly saturated market. In February, a study found that the market size for AI in the retail sector is going to be worth over $25 billion by 2028. Keep reading to learn more.
Given the speed with which online trends come and go as well as the growing number of internet users, marketers need to constantly monitor the media to be able to create strategies that convert users into customers. There are many reasons why marketers should add sentiment analysis to their tools for marketing analytics.
Therefore, it should be no surprise that the market for data analytics is growing at a rate of nearly 23% a year after being worth $744 billion in 2020. Why CRM Matters for Banks In today’s competitivelandscape, customer relationship management (CRM) has become a critical tool for banks.
Cost of living is rising; customer acquisition is more difficult than ever in such a competitivelandscape; and suppliers are looking to increase their profits by upcharging you, too. Market Testing. As a business, your goal is to connect with your target market in the most cost-effective and efficient way.
It can be used for all kinds of applications, from solving a business’s operational problems to improving its marketing strategy. Small businesses can gain a competitive edge by using data in their decision-making process. Data can help your business survive and thrive in a competitivelandscape!
Digital optimization and analytics company Amplitude is hiring a full-time senior product marketing manager for competitive and market intelligence. The successful applicant will design a scalable competitive intelligence program for the company. CI managers oftentimes are experienced in mathematics and analytical skills.
She also discussed how technology has shifted the competitive intelligence marketplace and how to provide stakeholders with valuable, actionable insights. . “We We provide support across the board, from competitive intelligence to customer insight inquiries and market research requests.
Modis, an information technology, engineering and life sciences staffing solutions company, announced Monday that it is currently recruiting a competitive intelligence marketing analyst , for placement in its Boise, Idaho offices.
For medium and large businesses, the stakes are higher, and the competitivelandscape is more complex. Marketing teams can refine strategies, product teams can innovate, and sales teams can better position their offerings. This is where knowing how to do a competitor analysis comes into play.
Brian Greenberg , head of MarketingCompetitive Intelligence with Aruba Networks , subsidiary of Hewlett Packard Enterprise (HPE), and member of HPE’s Competitive Intelligence 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.
Mailchimp, a marketing platform provider headquartered in Atlanta, Georgia, is looking to hire a full-time market intelligence manager. The MI manager will lead a team of researchers tasked with monitoring the competitivelandscape, analyzing market share in key markets, tracking market trends and disseminating competitive insights.
Market intelligence software helps companies better understand consumer behavior, competitor strategies, and industry trends. These powerful platforms gather, analyze, and interpret vast amounts of data, transforming raw information into actionable insights that drive strategic decision-making for go-to-market teams.
Paragon Genomics has posted a job opening on LinkedIn for a full-time product and marketing specialist position based in Hayward, California. The successful candidate will be tasked with supporting product management and marketing efforts of products in the next-generation sequencing target enrichment and library preparation market.
Mason , a company that provides mobile infrastructure to developers of smart hardware products, is accepting applications for the role of product marketing manager. Reporting to Mason’s head of marketing, the manager will help shape how the company engages with audiences and how it commercializes its products and services.
Akamai Technologies is looking for a director of competitive intelligence who will be part of its industry marketing team. The team is tasked with understanding market trends and analyzing the competitivelandscape to provide insights that will improve the company’s go-to-market strategy.
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