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Competitor Information: Know Your Opponent

In: Sales Excellence

Author

Listed:
  • Christian Homburg

    (Universität Mannheim)

  • Heiko Schäfer
  • Janna Schneider

Abstract

Only a company that knows its competitors can hold its own against them. The effects of misjudging the competition can be disastrous. This chapter considers the need for a competitor information system which answers questions such as: Who are our competitors? Where do our competitors stand in the market? What resources do our competitors have, i.e. how powerful are they? Where do our competitors want to get to? What are they doing to get there? This chapter begins the discussion of the kinds of competitor information that is needed, how it can be gathered, and how it can be utilized.

Suggested Citation

  • Christian Homburg & Heiko Schäfer & Janna Schneider, 2012. "Competitor Information: Know Your Opponent," Management for Professionals, in: Sales Excellence, edition 127, chapter 13, pages 193-196, Springer.
  • Handle: RePEc:spr:mgmchp:978-3-642-29169-2_13
    DOI: 10.1007/978-3-642-29169-2_13
    as

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