6min chapter

Inside the Strategy Room cover image

167. How to predict your competitor's next move

Inside the Strategy Room

CHAPTER

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.

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