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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

Competitive intelligence is the practice of gathering, analyzing, and acting on information about your market, industry activity and disruptions, competitors, and their products/services. Expand your competitive landscape by considering related industries and determining potential competitors from lateral sectors.

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How Competitive Analysis Will Benefit Your Company

Owler

Competitive analysis assists business owners and marketing teams to understand their company’s target market by examining the strengths and weaknesses of competitors' business strategies. Competitive analysis includes analyzing competitors' products, price points, and sales and marketing strategies.

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eCommerce Reporting That Transforms Data Into Strategy Gold

Similarweb

Here are some of the types of metrics to track and consider including in your report: Beyond these metrics, you can create visuals to show clients consumer journeys and benchmark their performance against competitors. The numbers mean nothing without skilled analysis to spin the data into information gold. You have the data.

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eCommerce Reporting That Transforms Data Into Strategy Gold

Similarweb

Here are some of the types of metrics to track and consider including in your report: Beyond these metrics, you can create visuals to show clients consumer journeys and benchmark their performance against competitors. The numbers mean nothing without skilled analysis to spin the data into information gold. You have the data.

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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 enables a granular understanding of competitive landscapes, customer shifts, and sector-specific trends.