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How To Do Competitor Analysis

Aqute Intelligence

This is where knowing how to do a competitor analysis comes into play. Conducting a thorough competitor analysis is essential to stay ahead. Understanding how to perform a competitor analysis helps various departments within a business. What is competitor analysis? How do you respond?

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Data Mining Technology Helps Online Brands Optimize Their Branding

Smart Data Collective

Data mining technology is one of the most effective ways to do this. Competitor Analysis By analyzing data on competitors’ products, marketing strategies, and customer feedback, brands can identify opportunities to differentiate themselves in the market.

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Patent search tools for competitor analysis

Aqute Intelligence

Most technology companies use patent searches as one way of tracking their competitors’ activities. Patent searches are both an early warning about a competitor’s product roadmap , and a lagging indicator (because by the time a patent is published, the competitor is already making progress in that work).

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Competitor analysis tools: patent search

Aqute Intelligence

Many competitor analysis tools are publicly available, often for free. When researching competitor products and upcoming developments, these can provide useful context. One category of tools are patent databases.

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Competitor Analysis Template & How-To Guide

Netbasequid

One component of competitive intelligence is having a competitor analysis template to inform your efforts. A deep level of intelligence on your competitors is necessary to gauge your standing in the market. What is Competitor Analysis? Competitor analysis can change your life. Stay tuned!

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Competitor Analysis: Research Their Marketing Strategy

SpyFu

Viewing a competitor’s website is also a great way to get information on new features they’ve released, positioning or other strategies you were not aware of. You can also use tools like BuiltWith to see what technology your competitors’ are using. Identifying those areas will be a key part of your competitor analysis.

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How to Do a Competitor Analysis: Complete Guide

Netbasequid

. Competitor analysis is a methodical examination of your category to see where your company stands. A comprehensive competitor analysis looks at the competition in terms of products, features, prices, technology, marketing, and other details that may give competitors an edge over your business.