Competitor
Intelligence
Keeping your friends close and your enemies
closer
The Challenge
Your customers have choices. So do your investors, your employees,
and your business partners. The first step to becoming first choice
is knowing the other choices, i.e., your competitors - that means
developing an intimate familiarity across a broad range of issues:
product portfolio, product features, pricing, customers, partners,
employee productivity, organizational costs, strategic plans, strengths,
weaknesses, and more. This information doesn't grow on trees. Collecting
it requires mining useful information from a variety of sources
(e.g., current and former customers, legal
documents).
The Solution
Accèvero Group can uncover the competitor insight so your company
can make better business decisions. Typical activities in a competitor
intelligence project include:
- Identifying key competitors that need to
be examined
- Defining areas that need to be examined
(e.g., productivity, product portfolio)
- Defining data collection method (e.g.,
"stealth mode," multi-company
benchmarking study)
- Collecting and
synthesizing data
- Understanding implications for your company's
strategy
Projects are always custom-tailored and, depending
on client needs, can range in scope from a detailed financial benchmarking
of various competitors to a "quick and dirty" competitor
profile. Review a case study or contact
us about your specific needs.
The Benefits
Client benefits typically include:
- Candid assessment
of whether your company or your competitors are in a stronger
position
- Knowledge of the changes that will make
your company more competitive
- Fewer surprises
from the competition
- Insight into
competitor vulnerabilities
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