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The Use of Competitive Intelligence in Business

Knowledge is power and you want to be on the side of knowledge. By asking questions, seeking feedback from your customers and providing them with data you can build relationships with them in a transparent way. You’ll develop a much deeper relationship with your audience, it will help you understand how they respond to certain messages or products and the conversations that lead to purchases. Small businesses can benefit from intelligence gathering and analysis. Intelligence gathering can be as simple as learning about your competitors and the general makeup of their business, to more sophisticated tasks like investigating trends in your industry or identifying new sources of potential leads. Get started by learning to think analytically and look in the right places for answers to any questions you have about your business' future. Competitive intelligence is the primary way you’ll gain the knowledge you need to stay ahead of your competitors. In this article, we’ll explain the concept of competitive intelligence (CI) and dig into some of the most important types of CI. It won’t take long for you to realize that CI can greatly affect your business in many ways. Because it can give your company a leg up on its competition, it has become one of the fastest growing segments in business today

Relevance of Corporate Social Responsibility in brand development

Marketing Analytics

Multinationa company’s distribution system versus small-scale company’s distribution system- A comparative analysis.

Merchandise distribution is an extremely important activity in the success of every company. A company can produce good quality products, cheap prices, beautiful designs, but if it cannot establish for itself one/or many appropriate distribution channels, it is difficult to bring its products to customers. Goods can be sold normallyat retail stores, shops or through mail-order. The rapid development of science and technology in the United States in particular and the world in general, especially in the field of information technology, has also brought about new forms of distribution of goods that are much more diverse and complex than before.

Clouding technology and its potential growth

The Cloud is a new paradigm of enterprise computing. It is a way of sharing data and applications among multiple users located in different locations. Centralized equipment is replaced by smaller, cheaper, and more powerful servers which can be connected via the Internet. The benefits of this technology are obvious: Data are stored in multiple locations and updated automatically; applications are cost-effective, because they do not require extensive hardware investments; user training and maintenance operations are minimized; management is simplified as every user has his own account with authorized level access

Ensuring compliance with General Data Protection Regulation (GDPR)

Global Market Research: Opportunities and Challenges in 2025

Reasons businesses overspend

As a business owner, it's easy to fall into the trap of overspending. Whether it's poor planning or lack of control, overspending can have serious consequences on your bottom line. In this article, we'll explore the most common causes of overspending and provide practical tips for avoiding them.

Analysis of Modern Consumer Behavior: Is it Rational or Irrational?

Understanding consumer behavior is important for marketers because it can help them understand what influences a consumer’s buying decision. Knowing what drives your prospects to choose one product over another can create better sales strategies for your business. The Covid-19 pandemic has impacted consumer behavior and caused changes in shopping habits. Consumers are increasingly shopping online, because it's more convenient than physically visiting a store. This happened at the same time consumers were trying to save money during the recession.