Competitive Analysis Service
Provides Tech Companies With Roadmap for Successful Product
Roll-Out and Development
Business analytics promotes sound market positioning and
product development while identifying immediate and ongoing
sales opportunities
BackBone's Fast-Track Analytics enables technology companies
to identify, track and position against competitors and "stealth
competitors"-- those posing potential near term, as
yet unforseen, challenges. An outgrowth of BBI's successful
Startup 1.0 program (a business plan service that includes
high-end competitive analysis and marketing programs), the
competitive analysis service provides tech companies with
a critical foundation for successful marketing and sales
strategies.
"All too often, technology companies fail to maximize their technology due
to an incomplete analysis of the market--or an analysis that soon becomes outstripped
by competitors whose strategies and product offerings change from one week to
the next," says Charles Epstein, President of BackBone Inc. "Our program
helps prepare high-tech companies for immediate and looming challenges, some
that may still be beyond the horizon. It provides a clear, third-party view of
the competitive landscape and identifies technical and marketing opportunities
that can be exploited."
BBI's Fast Track Analytics integrates the following
components*:
- Competitive Landscape: a matrix listing chief competitors,
including major products, feature sets, pricing models,
schedules of new releases, markets targeted
- Over the Horizon: a listing of near-term or potential
competitors
- Critical Consensus: snapshots of reviews to gauge critical
perception of products
- Differentiators: a head-to-head comparison of feature
sets
- Strategic Positioning: a list that highlights marketing
strategies and opportunities that can be exploited.
*The service can also be made available on a quarterly
subscription basis to facilitate ongoing market tracking.
"A sales program is only as sound--and as successful--as your 'market intelligence,'
which is a measure of how well you know and understand your chief competitors,
their technical differentiators, positioning and growth strategies," said
Steven Morgan, President of PeopleComm, Inc., a Long Island based firm specializing
in sales force development for IT companies. "We are constantly surprised
by how few companies devote the resources required to reveal the opportunities
their sales force needs to be successful. Those that do seldom revisit
and update their initial findings, resulting in outdated strategies and flat sales. Fast
Track Analytics is an indispensable tool that will further our ability to build
dynamic, focused sales teams for our clients."
The service will be made available directly to high tech
companies, entrepreneurs and business start-ups, and through "OEM" partnerships
with investment and Venture Capital funds, law firms and
accounting firms with technology practices.
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