More Related Content Similar to Competitive Intelligence - Winfried Kempfle Marketing Services (20) More from Winfried Kempfle Marketing Services (20) Competitive Intelligence - Winfried Kempfle Marketing Services1. 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