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04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de
Competition Analyses
In Industrial Practice
Strategic Marketing Practices
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 2
Competition Analysis
Content Overview
Part 1: Functions of Competition Analysis
 Targets of Competition Analysis
 Tasks of Competition Analysis
 Deliverables, methods and tools of Competition Analysis
Part 2: Competition Analysis as management instrument (Strategic Competition Analysis)
 Branch and industry analyses
 Strategy, performance and market share comparisons
 Competitor profiles
Part 3: Competition Analysis in operations (Tactical Competition Analysis)
 Product assessments and comparisons
 Product positionings (Quick Reference Guides / QRG and Battlecards)
 Inputs for marketing campaigns (traps & attacks, position papers)
Part 4: Introducing Competition Analysis into companies
 The process of Competition Analysis
 Elements of a Competition Analysis system
 Approaches to introduce a Competition Analysis system
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 3
Functions of Competition Analysis
What is Competition Analysis?
Alternative terms:
Competitor analysis, competitor observation, Competitive Intelligence (CI)
Differentiations:
 Benchmarking:
Target-oriented comparison of products, services, processes, or methods with other companies (not
necessarily competitors in the same branch) to identify the best-in-class company as a reference to optimise
performance and to close performance gaps.
Basic idea: Which differences do exist? Why do they exist? How can we improve?
 Espionage:
Obtaining yet unknown informationen or protected know-how; use of illegal methods.
 Business Intelligence:
Procedures and processes for systematic collection, evaluation, and presentation of data to enable better
operative or strategic decisions; focus on internal data and analyses.
Definition:
Systematic, continuous and legal collection and evaluation of information on rival business and
competitive products
Main targets:
By conducting competition analysis companies are able to adapt their competitive strategies and marketing
at the right time to market and competitive structures and to gain competitive advantages in a dynamic
environment due to better information.
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 4
Functions of Competition Analysis
Targets of Competition Analysis
Target Group Executive Product Management Marketing & Sales
Demand for
competitive
analyses:
Information
regarding e.g.
…
• Rival business
• Company strategies
• Business data
• Strengths / Weaknesses
• Market positions / shares
• Product / service portfolio
• Key people, decision
makers, investors
• Organisation
• Soft Facts
• Product / service portfolio
• Product information
• Product strategies
• Product comparisons
• Market positions / shares
• Strengths / Weaknesses
• Business processes
• Business data
• Company news
• Product / service portfolio
• Product information
• Product comparisons
• Marketing and sales
strategies
• Buying arguments / USPs
• Strengths / Weaknesses
• Business processes
• Company news
Targets of
Competition
Analysis
Support of strategic planning,
strategy development and
implementation
Support of product development and
marketing and sales processes
Management information Operative information
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 5
Functions of Competition Analysis
Methods and Tools of Competition Analysis
Nr. Name * Link
CI-01 Industrieanalyse http://tinyurl.com/73dhxa2
CI-02 Strategischer Wettbewerbsvergleich http://tinyurl.com/8ab5ppw
CI-03 Performance-Vergleich http://tinyurl.com/7n5szv4
CI-04 Wettbewerberprofil - einseitig http://tinyurl.com/6m2hyqa
CI-05 Wettbewerberprofil - standard http://tinyurl.com/7hz9qzl
CI-06 Produktvergleiche - qualitativ http://tinyurl.com/73rqsst
CI-07 Produktvergleiche – detailliert (QRG) http://tinyurl.com/7jtrc2k
CI-08 Produktvergleiche – 1:1 (Battlecards) http://tinyurl.com/823uucv
CI-09 Stolperfallen & Attacken http://tinyurl.com/6mbvtzv
CI-10 Positionspapiere http://tinyurl.com/6pnyj37
CI-11 Marktanteilsvergleiche http://tinyurl.com/8x3fwvr
* currently available only in German language
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 6
Introducing Competition Analysis
Process of Competition Analysis
Information and
data sources
Deliverables of
competition analysis
Communication /
distribution of inform.
Demand /
Target groups
Applying a competition analysis system
Responsibilities for tasks of competition analysis
Procedures for data management
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 7
Introducing Competition Analysis
Project Approach for Introduction
1
 Kickoff
 Briefing by business development, product or marketing manager
 Survey of currently used competitive information
 Discussion of the demand on data and information regarding competition
2
 Deliverables of Competition Analysis
 Specification of target groups and respective demand
 Definition of contents and formats of the deliverables
 Conception of procedures for data collection, analysis, and preparation
3
4
This consulting service could be well combined
with other service offerings like:
 Company Profiles
 Product Comparisons
 Competitive Attack-Programs
 Competitor Market Shares
 Data Management and Information Distribution - Conception
 Definition of requirements on data management and information distribution
 Design of procedures for data management
 Design of procedures for efficient information distribution
 Data Management and Information Distribution - Implementation
 Implementation of procedures for data management.
 Implementation of procedures for information distribution
 Test of the procedures, operation on trial
analysis, conception
teamwork, (+ workshop)
depending on scope 10-15 days
analysis, conception
teamwork, (+ workshop)
depending on scope 15-20 days
workshop
0.5-1 days
realisation, coaching
assignment of IT
depending on scope 2-6 months
5
 Review and Update
 Review of the experiences gained during the operation on trial
 Discussion of necessary improvements, adjustments, or changes
 Decision on approach for updating the competition analysis process
review
workshop
1 day
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de
A comprehensive competitive analysis
presentation with detailed explanations of
the practices and numerous practical
examples is available on request.
Please use the contact form to order the
presentation
http://www.strategie-und-planung.de/kontakt.html
Note: This presentation is available only for a small charge because of the benefits of the huge amount of information and the
multitude of examples, etc. The current price list of the documentation can be seen at
http://www.strategie-und-planung.de/mediapool/92/922449/data/Preise/preisliste_prezo.pdf
page 8
04.06.2015
Copyright © 2015. All rights reserved. www.strategie-und-planung.de
Contact
Seite 9
Thanner Strasse 39
83607 Holzkirchen
Telefon: +49 1525 - 31 82 499
Fax: +49 8024 - 99 34 11
E-Mail: services@strategie-und-planung.de
Formular: http://www.strategie-und-planung.de/trainings.html
Winfried Kempfle Marketing Services

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Competitive Intelligence - Winfried Kempfle Marketing Services

  • 1. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Competition Analyses In Industrial Practice Strategic Marketing Practices
  • 2. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 2 Competition Analysis Content Overview Part 1: Functions of Competition Analysis  Targets of Competition Analysis  Tasks of Competition Analysis  Deliverables, methods and tools of Competition Analysis Part 2: Competition Analysis as management instrument (Strategic Competition Analysis)  Branch and industry analyses  Strategy, performance and market share comparisons  Competitor profiles Part 3: Competition Analysis in operations (Tactical Competition Analysis)  Product assessments and comparisons  Product positionings (Quick Reference Guides / QRG and Battlecards)  Inputs for marketing campaigns (traps & attacks, position papers) Part 4: Introducing Competition Analysis into companies  The process of Competition Analysis  Elements of a Competition Analysis system  Approaches to introduce a Competition Analysis system
  • 3. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 3 Functions of Competition Analysis What is Competition Analysis? Alternative terms: Competitor analysis, competitor observation, Competitive Intelligence (CI) Differentiations:  Benchmarking: Target-oriented comparison of products, services, processes, or methods with other companies (not necessarily competitors in the same branch) to identify the best-in-class company as a reference to optimise performance and to close performance gaps. Basic idea: Which differences do exist? Why do they exist? How can we improve?  Espionage: Obtaining yet unknown informationen or protected know-how; use of illegal methods.  Business Intelligence: Procedures and processes for systematic collection, evaluation, and presentation of data to enable better operative or strategic decisions; focus on internal data and analyses. Definition: Systematic, continuous and legal collection and evaluation of information on rival business and competitive products Main targets: By conducting competition analysis companies are able to adapt their competitive strategies and marketing at the right time to market and competitive structures and to gain competitive advantages in a dynamic environment due to better information.
  • 4. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 4 Functions of Competition Analysis Targets of Competition Analysis Target Group Executive Product Management Marketing & Sales Demand for competitive analyses: Information regarding e.g. … • Rival business • Company strategies • Business data • Strengths / Weaknesses • Market positions / shares • Product / service portfolio • Key people, decision makers, investors • Organisation • Soft Facts • Product / service portfolio • Product information • Product strategies • Product comparisons • Market positions / shares • Strengths / Weaknesses • Business processes • Business data • Company news • Product / service portfolio • Product information • Product comparisons • Marketing and sales strategies • Buying arguments / USPs • Strengths / Weaknesses • Business processes • Company news Targets of Competition Analysis Support of strategic planning, strategy development and implementation Support of product development and marketing and sales processes Management information Operative information
  • 5. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 5 Functions of Competition Analysis Methods and Tools of Competition Analysis Nr. Name * Link CI-01 Industrieanalyse http://tinyurl.com/73dhxa2 CI-02 Strategischer Wettbewerbsvergleich http://tinyurl.com/8ab5ppw CI-03 Performance-Vergleich http://tinyurl.com/7n5szv4 CI-04 Wettbewerberprofil - einseitig http://tinyurl.com/6m2hyqa CI-05 Wettbewerberprofil - standard http://tinyurl.com/7hz9qzl CI-06 Produktvergleiche - qualitativ http://tinyurl.com/73rqsst CI-07 Produktvergleiche – detailliert (QRG) http://tinyurl.com/7jtrc2k CI-08 Produktvergleiche – 1:1 (Battlecards) http://tinyurl.com/823uucv CI-09 Stolperfallen & Attacken http://tinyurl.com/6mbvtzv CI-10 Positionspapiere http://tinyurl.com/6pnyj37 CI-11 Marktanteilsvergleiche http://tinyurl.com/8x3fwvr * currently available only in German language
  • 6. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 6 Introducing Competition Analysis Process of Competition Analysis Information and data sources Deliverables of competition analysis Communication / distribution of inform. Demand / Target groups Applying a competition analysis system Responsibilities for tasks of competition analysis Procedures for data management
  • 7. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Seite 7 Introducing Competition Analysis Project Approach for Introduction 1  Kickoff  Briefing by business development, product or marketing manager  Survey of currently used competitive information  Discussion of the demand on data and information regarding competition 2  Deliverables of Competition Analysis  Specification of target groups and respective demand  Definition of contents and formats of the deliverables  Conception of procedures for data collection, analysis, and preparation 3 4 This consulting service could be well combined with other service offerings like:  Company Profiles  Product Comparisons  Competitive Attack-Programs  Competitor Market Shares  Data Management and Information Distribution - Conception  Definition of requirements on data management and information distribution  Design of procedures for data management  Design of procedures for efficient information distribution  Data Management and Information Distribution - Implementation  Implementation of procedures for data management.  Implementation of procedures for information distribution  Test of the procedures, operation on trial analysis, conception teamwork, (+ workshop) depending on scope 10-15 days analysis, conception teamwork, (+ workshop) depending on scope 15-20 days workshop 0.5-1 days realisation, coaching assignment of IT depending on scope 2-6 months 5  Review and Update  Review of the experiences gained during the operation on trial  Discussion of necessary improvements, adjustments, or changes  Decision on approach for updating the competition analysis process review workshop 1 day
  • 8. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de A comprehensive competitive analysis presentation with detailed explanations of the practices and numerous practical examples is available on request. Please use the contact form to order the presentation http://www.strategie-und-planung.de/kontakt.html Note: This presentation is available only for a small charge because of the benefits of the huge amount of information and the multitude of examples, etc. The current price list of the documentation can be seen at http://www.strategie-und-planung.de/mediapool/92/922449/data/Preise/preisliste_prezo.pdf page 8
  • 9. 04.06.2015 Copyright © 2015. All rights reserved. www.strategie-und-planung.de Contact Seite 9 Thanner Strasse 39 83607 Holzkirchen Telefon: +49 1525 - 31 82 499 Fax: +49 8024 - 99 34 11 E-Mail: services@strategie-und-planung.de Formular: http://www.strategie-und-planung.de/trainings.html Winfried Kempfle Marketing Services