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3 Ways to Develop Market Intelligence to Benchmark Against the Competition Digitally

Cleverx

As more and more businesses move their prospect acquisition into online digital marketing channels, while at the same time dissolving global barriers to doing business, competition for customers is heating up. Including the following strategies in to your market research will considerably sharpen your competitive edge.

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How To Present Your Market Research Results And Reports In An Efficient Way

Datapine Blog

there are two answers that go hand in hand: good exploitation of your analytics, that come from the results of a market research report. Your Chance: Want to test a market research reporting software? Explore our 14 day free trial & benefit from market research reports! What Is A Market Research Report?

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Outsmarting Your Rivals in the Market: Competition Analysis Tool

Netbasequid

Exceptional market understanding The markets constantly shift due to changing consumer needs, business activity, macroeconomic factors, etc. And what you know about your market today may not necessarily be true tomorrow. Comprehensive competitor analysis surfaces new developments in the market, helping you stay informed.

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12 Competitor Monitoring Tools to Trial in 2024

Alpha Sense BI

Ideally, your competitor monitoring tool should do most of the heavy lifting so your teams can focus on strategic analysis, planning, and decision-making that drives your business forward. It is consistently ranked as an industry leader by TrustRadius and G2 and was also recognized by Forbes as a Top 50 AI Company in 2023.

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How to Conduct Competitive Intelligence Research

Owler

Competitive intelligence research answers questions such as: What are my competitors’ strengths and weaknesses? How much do competitors charge for their product or service offerings? What advantages do they have that I don't have? Market intelligence is information about the market itself, not your specific positioning.

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Competitive Comparison: What It Is, Why You Need It, & How to Do It

Netbasequid

And a competitive comparison is a vital part of your company’s benchmarking efforts to stay a few steps ahead here. What does a competitive analysis offer and why does a brand need it? With social media analytics and market research, your window of view is blown wide open and you can see not just the beach, but the whole ocean.

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15 Tips for Understanding Your Industry and Gaining a Competitive Edge

Aqute Intelligence

Many companies avoid doing this because it requires effort, so taking the time to analyze your industry will give you an advantage over many of your competitors. Business decisions – in sales, marketing, product development and other functions – are often based on assumptions about what industry your company is in.