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Analyzing Competitors' Websites
Competitors' websites are a highly recommended competitive intelligence source. It is a free, content-rich starting place to begin your research. It's also advantageous in uncovering information on small or new companies where traditional information about a young business is difficult to locate elsewhere.
Key sections of the site, listed in order of priority, to take note of include:
- People/Management team - identifies key individuals and allows you
to do more thorough research on executives' management styles
and accomplishments elsewhere.
- Corporate philosophy - will assist in understanding their strategy
and planning your own direction
- Company history - older companies often provide more information; by
analyzing prior behaviors, future actions can be predicted.
- Investor relations - information for shareholders is always useful
to competitors.
- Products and services - gives clues on how competitor is positioning
these products and services and assist you in determining if your
products and services need improvement and are of comparable value.
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If you have any suggestions, comments
or questions, please contact The
Competitive Intelligence Center.
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