Market Intelligence

You may learn a lot about how to expand your business by gathering and evaluating data about the marketplaces in which you operate.

Market intelligence: What is it?

At its foundation, market intelligence draws data from a variety of sources to provide a comprehensive picture of the current market for your firm. It evaluates the clients, issues, rivals, and potential for developing new goods and services for your business.

Market Intelligence can be as easy as going to the websites or stores of your competitors, discovering published data about the quantity and nature of potential clients, [and] keeping up with advancements in your sector through magazines, journals, or business groups." Additionally, it entails searching online for consumer reviews and comments that can be used to enhance the company's product or service.



How Does Market Intelligence help businesses?

Successful market intelligence provides specific answers to inquiries about your company's present and potential customers, rivals, and business objectives. The following are some issues that market intelligence can solve:

Where should my organisation concentrate its efforts more?

What markets do I need to attempt to penetrate next?

What purchasing habits do our best clients have?

What goods could be promoted to current customers in many ways?

What demographic groups may my business target with new and existing products?

How do I carry out a market study?

How CheckBrand’s Market Intelligence tool assist:

Market intelligence aids organisations in analysing the environment they operate in generally. This aids in identifying fresh growth prospects for your company as well as potential threats.

Recognises imminent consumer trends using curated market-leading industry statistics based on historical data
Find out how your customers are interacting with your products or services and those of your competitors.
Give your teams access to simple dashboards that can be used to achieve immediate business impact.
Simplify the insights and turn them into useful information.
Gauges, scales and compared KPIs (Key Performance Indicators) that are the most important.
Reduce the number of resources needed to verify innovation plans by incorporating customer input earlier in the development cycle.
Gain an advantage over the competition by utilising our in-house AI machine learning and automation technologies to capitalise on global consumer insights and new trends.

CheckBrand is the only platform to track your digital ranking, digital presence, and social media presence along with detailed analytics reports by which you can measure all the parameters of a digital domain.