Andrew McCotter-Bicknell

There are two directions to answering this question: Frequency of delivery Content Frequency is important because Sales is constantly bombarded with info. You have to get in front of them consistently with different materials like presentations, documents, customer-facing assets, etc. to really get them to latch onto competitive positioning. And then there's the content piece. I try to think of competitive assets like a website and my sales team like its visitors. If you get too granular and use ...Read More

First, there is no one magic tool that will do your Competitive Intel program for you. All of the tools below require a strategy before using. But they can be extremely powerful when you use them correctly. For competitive alerts, battlecard creation, and win/loss reporting, try looking at Klue or Crayon. For third-party agencies that conduct win/loss interviews and surveys on your behalf, take a look at Clozd, DoubleCheck Research, or Iceberg IQ. For review mining, check out G2, TrustRadius, or ...Read More

I had one gut reaction when I read this question. "Why isn't there much public-facing marketing around it?" A few thoughts come to mind: 1. They discontinued the product (try checking publicly-facing knowledge centers, if they have any, to confirm) 2. They rebranded the product (this happens all the time) 3. The product was in beta, got a bad response from users, then went back into stealth 4. They're bad at marketing (in which case, you probably don't need to be too worried about this competito ...Read More

Most Competitive Intel functions begin as siloed efforts within organizations. Product, Sales, Marketing, executives... they're all interested in competitors and conduct their own research for different purposes—with or without a formal CI program. But by implementing a formal CI program, the research goes deeper on the things that matter most, and wider across the company so that everyone can access it.  But on its own, CI is just one person grasping at what they think is important for an entir ...Read More

To be 100% honest, I only have experience in SaaS so I'm probably not the best guy to answer this question. But I would venture a guess that win/loss could still help here. You'd be amazed at the info you could access if you have a great relationship with prospects, buyers, customers, etc. I'd also recommend hiring third-party consultants, like GLG, to dig into this for you. They can help you get in contact (anonymously) with customers of your competitors, or your competitors themselves. It soun ...Read More

Get them involved. Interview them to learn about their encounters with competitors. Here are things that I regularly ask my sellers. Which competitors are coming up most in conversations with buyers? What are buyers specifically asking about? What assets would help you win more competitive deals? Here's something that I put together. Is this helpful to you? When you build a genuine relationship with your sales team, you'll notice that adoption will rarely be a problem. They'll see their contribu ...Read More

Yeah, there's a lot of new info flowing every day. But a lot of it is noise. First make sure you understand what's important to the company. What are the big goals you're trying to hit? What's the direction that your product is going in? With those things in mind, you should be able to filter out a lot of garbage that isn't worth your time. In terms of channels to put the GOOD stuff in... I have two: 1. A Slack channel dedicated to competitive intel (open to everyone in the company) 2. A monthly ...Read More

Competitive win rate is a great north star goal. But it can be challenging to accurately impact that in a positive way in a short amount of time. A couple other KPIs I've used in the past and that I recommend: 1. Competitor confidence (from the sales team) 2. Project-based contribution If you can increase the confidence of your sales team when it comes to competitors, you can infer that it will positively impact your competitive win rate. So every 6 month, I send a survey to my entire sales team ...Read More