Netbasequid

AUGUST 1, 2022

And this is the exact opposite of what needs to happen in today’s consumer-driven business environment. Market research confirms or dispels dangerous assumptions and reveals intel that generates new ideas and makes marketing magical. What is Market Research? Do you have to outsource your market research too?

Market Research 98

Market Research Marketing Research Research Marketing 98

Netbasequid

JUNE 8, 2022

A competitive audit is the part of the competitive intelligence process that seeks to better understand the competition and compare a brand to its peers. Why Companies Must Have Competitive Audits. A study conducted by Crayon and SCIP shows that competition is becoming stiffer across most industries.

Competitive 98

Competitive Benchmarking Analysis SCIP 98

Fuld

FEBRUARY 28, 2022

Competitive Intelligence [CI] has gone through an evolution since becoming a corporate function nearly 4 decades ago. Most importantly, the function of competitive intelligence has grown to become a core component of developing a sound strategic road map for driving business growth and no longer seen as somebody’s “part-time” job.

Competitive Intelligence 52

Competitive Intelligence Competitive Intelligence Intelligence 52

Alpha Sense BI

MAY 27, 2024

Add in volatility brought on by geopolitical tensions and economic uncertainty and you start to portray how challenging it is to conduct market intelligence research today. This reality makes decision-making amongst organizations slow, even though the pace of business is continuously picking up.

Market Intelligence 52

Market Intelligence Intelligence Intelligence Marketing 52

Markets and Markets

JULY 22, 2020

While it may seem competitive intelligence (CI) and market intelligence (MI) are the same and they serve a similar purpose i.e., aid decision-making, but they are different in practice and make a great equation for the success of any business. Competitive Intelligence –. Thus, competitive intelligence is business-focused.

Competitive Intelligence 40

Competitive Intelligence Market Intelligence Intelligence Intelligence 40

Netbasequid

JULY 25, 2022

First, the researcher must collect the right data in sufficient quantities. Without this step, businesses don’t really have anything to show for their research efforts. Advances in technology and the field of research have made it easy for businesses to obtain customer data. Why Customer Insights Matter.

Competitor Analysis 98

Competitor Analysis Analysis Advantage Advantage 98

Data Hut

DECEMBER 13, 2022

Intense competition among sellers. Now, to ensure you don't become a casualty of such cut-throat competition, it is crucial for you to monitor, track, research, and analyze the competition. A competitive analysis isn't something most small businesses do regularly.

Competitor Analysis 52

Competitor Analysis Analysis Commerce Competitive 52

Netbasequid

AUGUST 25, 2022

Pharma faces an increasingly competitive landscape, an expensive but mission-critical process, and a high level of uncertainty––and there is only one way out: information. Today, manufacturers must take advantage of advanced AI-backed research tools to keep pace with the consumer and market shifts. Competition.

Intelligence 98

Intelligence Intelligence Pharmaceutical Competitive Landscape 98

Fuld

JULY 27, 2021

Lack of competition can lead to lack of innovation, which Amazon is, yet again, taking advantage of, this time bringing a one-stop-shop to the pharmacy and healthcare markets. Rather than using healthcare to drive business into stores, Walmart says it wants to become a healthcare player in its own right.

Retail 83

Retail Pharmaceutical Hospitals Competitive Intelligence 83

Netbasequid

MAY 25, 2022

This challenge is compounded by the need to perform analysis within that fragmented business environment. Product innovation can be good for business in many ways. First, it can give a business a competing edge. And businesses pursue mergers and acquisitions to improve the economies of scale and scope.

IT 124

IT Marketing Marketing Innovation 124

Mind Shifts

SEPTEMBER 22, 2020

These days it is critical that executives understand the constantly changing competitive environment. These are: Human Sources: Oral information by way of business networks, seminars, friends and experts. After all, they attend industry webinars, research online, look at social media, just to name a few sources.

Learning 52

Learning Advantage Advantage Competitive 52

Alpha Sense BI

DECEMBER 13, 2022

In the age of data, business intelligence is about more than just having the right information — it’s about uncovering and analyzing the exact crucial insights you need to help inform business decisions, stay ahead of market-moving trends, and keep an edge on the competition. Market analysis is an extension of market research.

Analysis 97

Analysis Marketing Marketing Primary Research 97

Netbasequid

DECEMBER 26, 2022

By keeping tabs on the media, you are simultaneously watching your brand, your target customers, and your competition. every 10 minutes instead of every second) depending on the rate of data generation and the significance of the source to research. Your competition. What Is Media Monitoring Software and How Does It Work?

Startups 52

Startups Competitive Intelligence Competitive Business Environment 52

Domo

APRIL 20, 2020

It’s evident in the current COVID-19 business environment, where organizations of every type—from state and local governments to supermarket chains such as Harmons —are leaning heavily on cloud BI to respond intelligently to any situation, on the fly, with the teams they’ve got. Cloud BI has never been as important as it is today.

Advantage 52

Advantage Advantage Business Environment Research 52

Domo

DECEMBER 14, 2021

That’s why actionable intelligence is not only becoming a term that more and more business leaders are familiar with, but a methodology that they are building entirely new BI strategies around. Indeed, to win in an ultra-competitive business environment like the one that exists today, you can’t sit still.

Briefing 52

Briefing Intelligence Intelligence Business Intelligence 52

Zoominfo

OCTOBER 25, 2019

Furthermore, research shows consumers are more likely to support a company that takes steps towards decreasing their environmental impact ( source ). An example of unethical labor practices would be a company that conducts business in a certain country because doing so enables them to pay their workers less. Philanthropy.

Finance 174

Finance Banking Business Environment Competitive 174

Zoominfo

OCTOBER 25, 2019

Furthermore, research shows consumers are more likely to support a company that takes steps towards decreasing their environmental impact ( source ). An example of unethical labor practices would be a company that conducts business in a certain country because doing so enables them to pay their workers less. Boost customer loyalty.

Finance 130

Finance Banking Business Environment Competitive 130

Netbasequid

JANUARY 2, 2023

They excel in guiding the marketer/researcher on what to improve and where to look for new insight. As the market becomes more complex with evolving consumer values and expectations combined with unforeseeable market movements, automated, real-time monitoring is the closest you can come to understanding your business environment fully.

Key Performance Metrics 52

Key Performance Metrics Startups Travel Competitive 52

Datapine Blog

MARCH 31, 2022

Despite these findings, the undeniable value of intelligence for business, and the incredible demand for BI skills, there is a severe shortage of BI-based data professionals – with a shortfall of 1.5 So, what skills are needed for a business intelligence career? Business Intelligence Job Roles. million in the USA alone.

Business Intelligence 95

Business Intelligence Intelligence Intelligence Business 95

Datapine Blog

SEPTEMBER 1, 2020

To answer the question, “how can I get the answers I need to solve the new business challenges I face every day?”, 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?

Market Research 99

Market Research Marketing Research Research KPI 99

Elegant BI

FEBRUARY 16, 2021

Whether your business is a small, single location brick and mortar enterprise or a large, multi-facility organization that spans the global market, you need access to sophisticated, easy-to-use business intelligence tools in order to compete in local, regional and global markets. Original Post : Plug n’?

Analysis 52

Analysis Predictive Analytics Business Algorithm 52

Datapine Blog

NOVEMBER 13, 2019

Nielsen , Market Researcher & – Founder of ACNielsen. In a time when digital data reigns supreme, offering us more insight into our commercial activity than ever before, businesses that conduct their procurement activities blindly will pay the price. The price of light is less than the cost of darkness.” – Arthur C.

KPI 63

KPI Analysis Management Advantage 63

CIO

SEPTEMBER 16, 2022

Industry research shows that in 2021, LCNC platforms accounted for 75% of new app development, and Accenture’s own research says that 60% of LCNC users expect their use of the platform to increase. We are experiencing an undeniable shift toward this kind of democratized technology. Embracing a new operating model.

Technology 597

Technology Technology Innovation Business Environment 597

Elegant BI

APRIL 6, 2023

Gartner research states that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’ Enterprise Agility and Adaptability Are Crucial. The Right BI Tools Can Help!

Predictive Analytics 52

Predictive Analytics Business Environment Business Intelligence Intelligence 52