
167. How to predict your competitor's next move
Inside the Strategy Room
00:00
The Advantages of Technology in Getting Into the Mindset of Competitors
It's hard to do competitive insight without having a good database of what companies have done in the past and or are doing currently. The second thing though, which I think AI is still not good at is predicting changes. So for example, if I expect the competitor to continue certain pricing patterns, that's great. I should expect that to continue fine. If I want to say go back and how will the competitor react when I change my prices? And then C is going to respond three months later. There's all sorts of pieces which you might not necessarily from the outset, emerging would be part of gathering capacity.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.