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Competitive Intelligence: 19 Statistics That Will Blow Your Mind

Evalueserve

Businesses are increasingly focused on data-driven decisions as the competitive landscape only grows within each industry. Competitive Intelligence brings value for businesses by providing data to drive decisions based on sector, competitor, sales, and a plethora of other business elements. Source: PwC ).

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5 Can’t Miss Breakout Sessions at SCIP’s IntelliCon 2020

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Whether you’re in the planning stage or are full throttle into your competitive intelligence strategy, SCIP’s IntelliCon Virtual Conference is the premier place to learn how to take your intelligence to the next level. First, why competitive intelligence? But you also have to know how to play the game.

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How to Create a Competitive Analysis Template in 2023

Netbasequid

It’s what the best performers do: According to Emerald , 90 percent of Fortune 500 companies use competitive intelligence to gain an edge over their competitors. Conducting the process can reveal hidden gaps in the market, inspire innovative products, and improve the brand’s marketing strategy. Example SOV analysis on Rival IQ.

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What is a Competitive Analysis? 2023 Guide

Netbasequid

Primarily, competitive analysis should help you gain more market share, meaning you have to take it from the competition. Competitive analysis shouldn’t be confused with competitive market research, which studies the competitive landscape rather than focusing on a single competitor.