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12 Competitor Monitoring Tools to Trial in 2024

Alpha Sense BI

Klue Klue provides real-time market and competitor insights, designed to enhance strategic decision-making for businesses ranging from startups to global enterprises. This may limit the platform’s utility for businesses that require direct comparative analytics and real-time competitive monitoring to react swiftly to market changes.

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Challenges in Competitive Intelligence and Best Practices to overcome them

Markets and Markets

Creating a competitive intelligence (CI) plan can be daunting, even for experienced CI professionals. Gathering all the competitive data you need on time. This mostly happens as a result of not knowing how to apply competitive intelligence regularly. Every task comes with its own set of challenges.

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The optical illusion of job descriptions

Academyci

My commentary is in Italic. “…[the] Customer Engagement and Market Insights team is looking for a Senior Competitive Intelligence Manager to join us. In this role, you’ll help us make data-driven decisions through the use and analysis of targeted markets and competitive intelligence.” They are frustrated.

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Competitive Intel: A Complete Definition and Guide

Netbasequid

And the fuel for these leaps and strides is competitive intel, which influences business strategy. What is Competitive Intel? Competitive intel uses powerful tools. CI tools like Battlecards can increase sales by upwards of 50% and techniques like Win/Loss can help boost customer retention by more than 12%.