Effective competitive intelligence techniques for industrial markets

In industrial markets, one of the most challenging aspects of market and competitive intelligence processes is the actual collection of data, information and intelligence as a basis for knowledge.

Effective Competitive Intelligence Techniques for Industrial Markets

Probing in the Dark

Richard Beswickand Stefan BinnerAG (Switzerland) and bms GmbH, Germany

INTRODUCTION

This paper describes the process and challenges of international industrial competitive intelligence. The focus is the collection of competitive data. Small case anecdotes are used to illustrate specific points.

The paper sets out to demonstrate that effective competitive intelligence can be conducted within the bounds of good market research practice and ethics, and furthermore, that the two disciplines of competitive intelligence and market research are not just synergistic but truly symbiotic.

QUANTIFICATION OF INDUSTRIAL MARKETS

In...

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