Remove Benchmarking Remove Competitive Intelligence Remove Competitor Analysis Remove Profiling
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The 10 Best Competitor Analysis Tools for 2024

SpyFu

The right software can make competitor analysis more informed, accurate, and efficient. In this post, we'll cover the 10 best tools to help you gain valuable insights and find your competitive edge as you navigate 2024. But manually tracking their every move is time-consuming and inefficient.

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How to Conduct Competitive Intelligence Research

Owler

What is Competitive Intelligence? Competitive intelligence is the practice of gathering, analyzing, and acting on information about your market, industry activity and disruptions, competitors, and their products/services. What key market trends and competitive insights can I leverage to grow my business?

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Top 10 Questions to Ask in Competitive Analysis Projects (Deeper Dive)

Aqute Intelligence

At each stage of your project, you’ll be taking the time to identify competitors, research strengths and weaknesses, find solid data and benchmark against your own business. Having the upper hand in competitive intelligence will help your business succeed. So what questions make for a good competitor analysis project?

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Find competitors’ customers using public sources

Aqute Intelligence

And it can help a company benchmark their own success e.g. by comparing how many Fortune 500 companies a company and its competitors have, or how many customers in an industry, and so on. You don’t always have to pay an agency to find who are your competitors’ customers. For example, you may want to know if Apple uses SAP.

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9 Competitive Intelligence Tools to Trial in 2023 (Free & Paid)

Alpha Sense BI

To survive in today’s fast-moving and always-evolving market landscape, every business needs competitive intelligence (CI)—comprehensive knowledge about your competitors and how your company stacks up. CI allows you to track competitor behavior and glean the insights you need to create competitive advantages.

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When clients ask us to analyze their own business

Aqute Intelligence

We sometimes get asked by clients whether we can conduct ‘competitor’ analysis of their own business. It can be useful alongside analysis of competitors, as it provides a like-for-like comparison for competitive benchmarking, conducted by the same research vendor. Potential sources might be on their guard.

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How and Why You Need to Use Competitor Monitoring

Owler

But why is competitive monitoring, also known as competitive monitoring, so valuable? Competitor monitoring allows you to track a competitor’s performance and gather competitive intelligence. You can assess how competitors succeed or explore why they might not be.