Competitive intelligence refers to gathering information about rival companies and their activities to gain an advantage in the market. It involves collecting data on competitors' products, pricing, marketing strategies, and other relevant aspects, which can help businesses make informed decisions and stay ahead of the competition.
Full definition
She specializes in applying critical oversight to the collection and analysis
of competitive intelligence and market research, and translating that data into practical, applicable and unique firm initiatives.
When possible, it's best to
use competitive intelligence tools to automate this process so you don't have to manually track competitors yourself.
Well organized and detail oriented with a strong focus
on competitive intelligence, strategic planning and market research and analysis procedures.
It provides accurate, up - to -
date competitive intelligence information and is a great way to size up competing websites and their online marketing efforts.
Companies need to develop
competitive intelligence as well as market intelligence because it enables a company to be more profitable and avoid losses.
For those firms interested in
doing competitive intelligence, you can see what clients are doing and how they have scored different firms on different criteria.
In general, the candidate studies to establish technology field trends
deliver competitive intelligence and decide research and licensing opportunities for the product.
Competitive intelligence keeps a company informed about critical issues that might influence its profitability and ability to compete in the marketplace.
Competitive intelligence enables a company to make better decisions regarding long - term and short - term planning, research and development programs, and marketing focus.
Basically, you may want to build a simple teacher's
competitive intelligence chart that answers questions including where your learners generally surf, what time, and what they generally look for.
It provides loan -
level competitive intelligence that can help them maximize their marketing ROI while improving closing rates and customer retention.
It often is not realised, that patent attorneys can play an important role in
competitive intelligence due to insights they gain through their work as patent attorney.
Paris, NYC, Singapore, Munich About Blog Digimind is a leading global social media monitoring and
competitive intelligence company that provides businesses with unrivaled insights into their true standing in the market.
CSG Actuarial today published its November CSG Flash Report ™
featuring competitive intelligence information for the Medicare Supplement, Short Term Care, Hospital Indemnity, and Final Expense Life markets, including:
Take the library's routine current awareness work and automate it as much as possible so that well - educated and skilled library staff can focus their attention on the more difficult current - awareness type tasks such as
competitive intelligence analysis and in - depth research projects.
«By monitoring competitors on an on - going basis you get to know their behavior and so can start to anticipate what they will be likely to do next,» says Arthur Weiss, managing director of UK - based Aware, which helps businesses
gain competitive intelligence.
Category: New Product or Service of the Year - Software - Business or Competitive Intelligence Solution
The idea is that law firms should be able to mine and cross-reference their own data (legal and risk documents, accounting, records, library —
including competitive intelligence subscriptions, operations, HR, etc.).
Additionally, Patrick was a Senior Consultant in the Client Growth Strategy practice with LawVision Group as well as an Adjunct Consultant with Hildebrandt Consulting, after serving as the Global Managing Director of the Monitor Suite
competitive intelligence platform he helped launch for Thomson Reuters Hubbard One.