From there businesses will determine

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What is competitive intelligence? Increase competitiveness with competitors Update market information When using market intelligence, businesses get important and useful information and content related to the market. This helps businesses orient and build effective marketing strategies and campaigns. Retain customers effectively Market intelligence helps businesses easily identify the reasons why customers are not satisfied with their products. From there, businesses will proceed to overcome and plan to prevent and limit customer loss. Besides, profound values ​​about market trends from market intelligence help businesses retain customers effectively. Retaining customers is the deciding factor for the survival of a business. Set up an effective sales process Market intelligence provides useful information for businesses to easily identify customers and market segments. the suitability of the product to establish an effective sales process . intelligence marketing.



Set up an effective sales process Develop market penetration strategy With the Email Data analysis and assessment that market intelligence provides, businesses can quickly monitor market fluctuations . Besides, businesses can also identify future development trends. From there, businesses devise a strategy to penetrate the market with products with new features at the right time. This helps businesses easily create strategies to penetrate the market and effectively capture market share. The importance of market intelligence Look at the position in the market Market intelligence helps businesses evaluate their position in the market to come up with appropriate business strategies . Besides, based on accurate analysis of market intelligence, businesses can deeply understand the market. Market intelligence provides businesses with an in-depth overview of their competitors .



Furthermore, businesses will understand current market needs, future trends and target audiences. Product quality assessment Market intelligence will conduct surveys on product trends in the market, demand for specific features and product specifications. This helps you evaluate products and make appropriate business decisions. marketing intelligent Product quality assessment Develop market development plan To adapt to market developments, businesses must make great efforts in market research . At the same time, businesses must guard against risks such as the market not accepting the products they provide. At this time, implementing market intelligence helps reduce the risk of producing products and services that are not useful and do not meet consumer needs.