Nimlok Tradepoints:
Plan a Competitive Intelligence Campaign - Part 2
Over the next few bi-monthly Nimlok Tips, I'll share 38 questions to help you compile a constructive competitive intelligence program:
General questions:
- Who are our competitors - direct and indirect (i.e., current market participants, potential market entrants and providers of substitute products/services)?
- Which of our competitors pose a threat to us?
- What are the important differences between our competitors?
- Where are they located, and is their location on the show floor a competitive advantage?
- How long have they been in business, and what is their reputation/image in the marketplace?
- What is their market share?
- What is their corporate and business philosophy, and how is it implemented?
- What important acquisitions have competitors made in the past year, and how has this given them a competitive advantage?
Written by Susan A. Friedmann, CSP, The Tradeshow Coach, Lake Placid, NY, working with exhibitors and meeting & event planners to improve their event success through coaching, consulting and training.
Website: www.thetradeshowcoach.com