Tag: intelligence
Do you keep track of your business competitors?
by Philip on Nov.11, 2008, under Business, strategies
Where are your competitors?
Are you a business owner?
If you are, do you know who your competitors are? What they are doing? How they are attacking the market? What your business is doing that is comparatively stronger? weaker?
If you haven’t thought about these questions, then perhaps it’s time for you to start thinking about them. Running a business isn’t just about servicing your current customers, but in order to keep them from going with one of your competitors and also to attract new customers, you must have a strategy in keeping ahead of the competition.
Kiplinger is a great resource online for you to keep up your business chops. They recently ran a great article on Competitive Intelligence. Go through this link for a great read.
Part of the fun in running a business is in implementing your own strategies for success. I would venture to guess that most owners of successful businesses are also avid strategists. They may enjoy games like Chess, Poker, and maybe even StarCraft.
How are you keeping track of your competitors, if you are at all?
