Market and Competitive Intelligence Masterclass

Introduction

This Sales & Marketing training Course on Market and Competitor Intelligence is designed to give marketing professionals the marketing tools they need to increase sales, get maximum return from marketing dollars, and strengthen customer loyalty. Market research describes what is occurring as it occurs, so you can react tactically. Market intelligence provides situational insight and interpretation, so that you can anticipate strategically. Competitive Intelligence allows you to gain insight into competitor’s strategies so as to gain a strategic edge on them.

This training course will help you gain familiarity with both fundamental and state-of-the-art market research design and analysis techniques and procedures. You'll learn how to identify the underlying business issues, design the research programme, collect the data, and analyze the results.

Simply stated, market and competitor intelligence utilizes multiple sources of information to create a broad picture of the company's existing market, customers, problems, competition, and growth potential for new products and services. The competitive advantages afforded by market intelligence are manifold and the risks of not investing in such data can be huge. The core learning objectives in this Sales & Marketing training course on Market and Competitor Intelligence will be especially beneficial for delegates who are responsible for planning sales and marketing initiatives to increase revenue growth.

This GLOMACS training course will highlight:

• Sources of market and Competitor information
• Analytical tools and systems for building intelligence networks
• Strategic positioning tools to apply learned intelligence optimally
• Digital transformation approaches for disseminating and acting on intelligence

Objectives

At the end of this Market and Competitive Intelligence Masterclass, you will be able to:

• Understanding the power of market intelligence and how it incorporates marketing research
• Quickly and accurately interpret your customer’s nonverbal communication
• Conduct a Risk-Adjusted SWOT Analysis to identify business development opportunities
• Analyze current market research trends and best practices
• Differentiate among the many questionnaire design formats based on survey requirements
• Use a suite of proven tools to understand data and create meaningful insights from them
• Develop a marketing research and intelligence strategy to achieve marketing objectives

Training Methodology

This GLOMACS Sales & Marketing training Course on Market and Competitor Intelligence encourages delegate participation through a combination of lectures, group discussion, practical exercises, case studies, video clips, and breakout sessions designed to reinforce new skills.

Organisational Impact

The major benefits of this Market and Competitive Intelligence Masterclass training course include the ability to:

• Maximize your brand’s value to realize a higher level of customer engagement
• Develop an Integrated and streamlined marketing approach
• Increased revenue growth from improved market research
• Develop greater market penetration for products and services
• Attain higher level of customer satisfaction
• Develop an Integrated social media and traditional marketing approach

Personal Impact

Participants will gain the following significant benefits:  

• Improved marketing and selling skills
• Improved ability to implement and realize specific goals
• Understanding of the concepts and procedures necessary to be an effective marketing researcher
• Greater confidence as a marketing professional
• Improved productivity and adherence to quality standards
• Increased job satisfaction.