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10 Facts about Your Competitors Kilmarnock

Make sure you are asking yourself the right questions and gathering the right pieces of information. Read on and get more information about business competition.

Business Development Advice
01358 729085
33-34 The Square

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F M Consultants
01887 829160

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Peatland Group
0800 0855385

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Business Information Consulting
0141 9429888
19 Courthill

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Anderson Lyall Management Consultants
01786 880789

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Anderson Associates
0141 9426219
6 Chesters Road

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Cadmus Solutions Ltd
01224 877441
Wood Group International Centre

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Robin Jordan Associates
0141 6398778
4 Craignethan Road

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Fazakerley Associates
0131 5588990
15A Union St

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Breckenridge Associates Ltd
01563 555818
Altonhead Terrace

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10 Facts about Your Competitors

Information is at the heart of any successful business. But make sure you are asking yourself the right questions and gathering the right pieces of information – especially when it comes to your competitors.

  1. How is their business performing overall, are they profitable?
  2. What products do they offer and what are the strengths and weaknesses of each of them?
  3. Who are their top customers and how do they manage them?
  4. What’s their core target market, is it growing or declining? If it is declining what are they doing about it?
  5. How much are they investing in new product development and what’s currently flavour of the month?
  6. What external factors effect them – for example the political situation, legislation, world events (e.g. global recession, the introduction of the Euro etc)
  7. Do they respect, fear, ridicule your business, or are they indifferent?
  8. Are they better, or worse, than you on the critical business success factors: product range, customer service, innovation, brand etc.
  9. How are they positioning and promoting themselves and their products?
  10. How much of a threat do they represent to you and in what way? What are you going to do about it?
If you’re struggling to find out about your competitors and would like some ideas and tips you can down load our Fact Sheets:
Research Techniques and 4 Steps to Better Competitor Intelligence .

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