TalkbackShare your ideas and expertise on this topic

How to Gather Competitive Research

  •  
    adalvarez@...04/03/07 Report as spam
    1

    Very good introduction to the subject

    Jane does a really good introduction to the subject. After reading this you will not be "the" expert, but will not a great deal to begin your search in a legal and ethical way.

    Congratulations!!

    Best regards,

    Lic Adrian Alvarez
    Founding Partner
    Midas Consulting
    Your Competitive Intelligence Partner in Latin America, Spain & Portugal
    +54-11-4775-8983
    adrian_alvarez@midasconsulting.com.ar
    www.midasconsulting.com.ar
    Visita mi blog sobre inteligencia competitiva en http://inteligenciacompetitivaenar.blogspot.com/

  •  
    ksawka04/03/07 Report as spam
    2

    Great Advice

    BNET's series on competitive intelligence is spot on. I especially like their advice on how to frame the questions, and to not expect competitive information to be "served up on a silver platter." And, in the era of HP Pretexting, the advice on ethics is critical.

  •  
    anupam.gaur04/03/07 Report as spam
    3

    Great article

    It is an amazing article. quite an insight especially for young executives and management students.

    Good job.

  •  
    ankana.chakraborty04/04/07 Report as spam
    4

    Very Informative

    A very informative article for people who seek competitive information, just based on information & data available on the internet.

  •  
    pvsrao04/13/07 Report as spam
    5

    COMPETITIVE RESEARCH

    GOOD STart for a desk research to a serious need

  •  
    fahad_siddiqui04/17/07 Report as spam
    6

    great

    i think its very helpfull as in these days most students dont want to swim in books & would like to be helped by technolodgy.

  •  
    melsfive04/20/07 Report as spam
    7

    How ot Gather Competitive Research

    Perfect, to the point. THANK YOU!

  •  
    seth_aryee@...05/08/07 Report as spam
    8

    COMPETITIVE RESEARCH

    COMPETITIVE RESEARCH
    This is a great article. But it will do much more if a sample competitive analysis by an un-named Company is used to show the way. I personally would like to have this. Thanks

    Seth

  •  
    cvarley05/08/07 Report as spam
    9

    You left out the most important part

    The Market. What does the market want? What are they buying now? Any strategy crafted without taking this into consideration is worthless. Read Beinhocker's The Origin of Wealth for an understanding of how markets--not companies--innovate, and how that impacts strategy.

  •  
    mushtaq76505/08/07 Report as spam
    10

    compititive advantage

    the article is great and had eloborated well the focus on core compitencies specifically i think will help me a lot

  •  
    amichaels@...05/13/07 Report as spam
    11

    Five Forces Analysis ? Starts With The Right Data

    Excellent article. In addition to the current data sources, another category that should be added:

    "Industry Data for Five Forces Analysis"

    In the article, Jane Hodges, the author, recommends using the Five Forces Analysis in the "BIG IDEA" section for building the basic framework for Competitive Analysis (by leveraging the ideas of Harvard Business School professor Michael E. Porter). I agree with Jane 100%.

    There is at least one company that provides global industry information on over 8,000 "strategically relevant industries" ? data at the right level to perform a Five Forces Analysis. (Examples of the right level to do an industry analyses include: Mainframe Computers; Frozen Pizza; Personal Motorcycle Insurance; Heart Pacemaker Manufacturing; etc.)

    Alan S. Michaels

  •  
    georgiajthomas@...06/24/07 Report as spam
    12

    More information please.

    you mention that there is a company which supplies all this information ....but you don't mention the company's name... Please advise.

  •  
    jessnchi01/31/08 Report as spam
    13

    companies who can help

    There are many companies who can help. You can check out the Society of Competitive Intelligence Professionals (SCIP) at www.scip.org and check their services directory under the Resources tab. Or you can check out www.explorasia.com who focusses on the Asia region. www.gbrsupport.com is another good site you can check that even gives detailed report outlines as a reference for your own research.

  •  
    babyap2002@...05/15/07 Report as spam
    14

    The perfect guide

    With this guide-looking at a rivals strengths/weaknesses is quite a breeze.

  •  
    sharmas5@...06/05/07 Report as spam
    15

    Sumana

    I was delighted to read about Porter's five forces and SWOT analysis. As you point out, these concepts have been criticized in the recent past. However, while people may disagree about their exact dsign (which is why several modifications have been proposed), they still remain to be important concepts, particularly so, for those interested in furthering their competitive intelligence.

    I was trying to build an aurgument in my research and was feeling a little stuck. Your article has done me much good and now I can move on!

  •  
    athinan@...08/08/07 Report as spam
    16

    Great Work.

    Great work. Well said. Need more research on this topic. Thank you.

  •  
    daluoa08/09/07 Report as spam
    17

    greatwork

    i find the article very informative, and i am hopeful that in the not too distant future i would be able to present an article on a case study of my company (in nigeria).

  •  
    transchick08/23/07 Report as spam
    18

    BNET

    your articles are begining to changa the face of my business keep it up Vincent Banda-Zambia

  •  
    ArthurW08/23/07 Report as spam
    19

    Good article. Lot's more could be said, but this covers most of the basics.

    Great article - it makes CI look easy.

    (For the record - yes, I guess this is a sales plug - we wrote a similar guide on CI - a brief guide to competitive intelligence at AWARE - http://www.marketing-intelligence.co.uk/resources/competitor-analysis.htm)

  •  
    ciguru08/23/07 Report as spam
    20

    Web Data Extraction

    Web data extraction tools and services are vital when performing competitive research. We were able to extract our competition prices and product mix on a daily, weekly and monthly using these tools. There are many of this tools. We had the most success using a hosted tool provided by a company in Seattle called QL2. All you have to do is identify the sites you'd like gather data from and they provide you with data you need. There website is www.ql2.com

  •  
    stefanieantunes@...08/23/07 Report as spam
    21

    What come next

    This is a great intro. Very informative. I like how easy it is to read. I've been doing CI for about 8 years now and one of the things that drives me crazy is how boring many CI people are. Many of the same stereotypes of Accountants or Lawyers could be used for CI folks. Their writing is often so full of geek-speak that an executive can hardly get through it. We should all make things this easy to read and understand and CI depts might have a chance at the open-door to the executive suites. My goal is always to make it easy to understand. Leave the geek-speak for behind the report (like html text behind the nice graphical email) happy

    Keep up the good work BNET.

    Stefanie Antunes
    Pythia Consulting

  •  
    upeshp08/27/07 Report as spam
    22

    RE: How to Gather Competitive Research

    Well written

  •  
    oyed08/28/07 Report as spam
    23

    RE: How to Gather Competitive Research

    Great! Fabulously splendid.

  •  
    filchamproject09/09/07 Report as spam
    24

    RE: How to Gather Competitive Research

    This is brilliant... highly insightful! It will surely benefit our support group especially the young lad who's just taken up his new volunteering assignment to lead the research programme of our Young People's Project.

    Well done and thank you!

  •  
    srini200701/31/08 Report as spam
    25

    RE: How to Gather Competitive Research

    Modern approach

  •  
    SiteBooster01/31/08 Report as spam
    26

    RE: How to Gather Competitive Research

    A quicker and more to the point angle from which you can spy on your competitor is to look at your competitor fomr SEO point of view. In other words, you find out about a few factors easily which are:

    * Indexation
    * Search Engine Ranking
    * Link Popularity
    * Link Analysis

    Then, you find your weak points and start copying your competition to strngthen where you are weak.

    The result will be to improve your website up to what your competitors are in the eyes of search engines!

  •  
    cbroming02/01/08 Report as spam
    27

    RE: How to Gather Competitive Research

    nicely done - appropriate length and depth for this publication.

  •  
    opeyeni02/01/08 Report as spam
    28

    RE: How to Gather Competitive Research

    I think this is a wonderful introduction. It is exposed

  •  
    meena.gulati02/04/08 Report as spam
    29

    RE: How to Gather Competitive Research

    it has provides the insights about a very interesting topic for people like me who need to understand the basics.. good work

  •  
    business882804/15/08 Report as spam
    30

    RE: How to Gather Competitive Research

    Good paper, thanks

  •  
    melcoool07/02/08 Report as spam
    31

    RE: How to Gather Competitive Research

    Really helpful and useful to me. Thank you!

  •  
    qsumitro07/03/08 Report as spam
    32

    RE: How to Gather Competitive Research

    Very helpful. Thank you!

  •  
    blissfulthinking03/23/09 Report as spam
    33

    Cost Comparisons

    In Section 1, Step 4 Jane mentions "How much does it cost you and your competitor to produce comparable products? Does one of you enjoy a cost advantage?"

    Unfortunately, your competitors are unlikely to tell you where they manufacture their goods (unless they are Nike or Timberland and do it for social responsibility reasons).

    Fortunately, there is another way. There is a company called Panjiva - http://panjiva.com - that can help with that problem. They provide a manufacturer search engine that can tell you which customers are using a particular manufacturer, and also have a service where you can look up a company in the US, and find out where it manufactures its products. Very useful data.

    Armed with the names of a company's manufacturers, you can then call the manufacturers and get a quote on a similar product. Don't forget to also evaluate customs and duties costs and transportation costs from the country of origin - depending on the country, they can be substantial.

  •  
    NeilKaty10/28/09 Report as spam
    34

    RE: How to Gather Competitive Research

    Really worth reading!

The following tags are supported in BNET comments:
<b></b> <i></i> <u></u> <pre></pre>

Leave a Reply

  1. You are currently a guest | Login?