B2BVault's summary of:

The practitioner’s complete guide to competitive intelligence

Published by:
Competitive Intelligence Alliance
Author:
Alex Walton

Introduction

Your competitors are trying to win your customers. Use competitive intelligence to stay ahead and make smarter business moves.

What's the Problem It Solves?

Many teams build products, write content, or run sales strategies without understanding what their competitors are doing. This can lead to missed chances, weak messages, and lost deals. Competitive intelligence helps you spot threats early, see where you can win, and stay informed about how the market is changing.

Quick Summary

Competitive intelligence means gathering useful facts about your competitors-what they’re doing well, where they fall short, and how they’re trying to win. Instead of guessing, it gives your team real insight so you can plan better and react faster. It starts with collecting data from places like customer feedback, competitor websites, social media, and win/loss interviews. Then you look at the patterns, figure out what matters most, and share what you’ve learned with your team.

The real goal is to turn that knowledge into action. That could mean giving your sales team better ways to answer objections, helping your marketing team adjust their messaging, or showing your product team where to improve. Tools like Slack channels, newsletters, or battlecards keep everyone in the loop. Competitive intelligence works best when it’s a habit-not something you do once and forget. The more you learn over time, the more confident and prepared your company becomes.

This guide also explains how to do it ethically-only using public sources and keeping things legal and fair. With the right tools, even a small team can collect helpful insights without spending tons of time. Whether you're just starting or building a full CI program, this process can help every part of your business work smarter.

Key Takeaways from the Article

  • Competitive intelligence is learning about your competitors to make better business decisions.
  • It involves four steps: gather data, analyze it, share what you learn, and take action.
  • Good sources include customer interviews, sales feedback, websites, and social media.
  • Tools like newsletters, battlecards, and Slack channels help keep the team informed.
  • Focus on helping sales, marketing, and product teams win with better positioning and messaging.
  • Win/loss interviews are one of the most powerful ways to learn why customers choose you-or don’t.
  • Ethics matter: only use legal, public information and never use tricks or illegal methods.
  • Start by working with sales to show early results, then expand to help more departments.
  • Always prioritize your time and effort-track the most important competitors and support the highest-impact teams.
  • Turn CI into a habit, not a one-time project, and you’ll always be ready for what’s next.

The B2B Vault delivers the best marketing, growth & sales content published by industry experts, in your inbox, every week.

Consumed every week by 4680+ B2B marketers from across the world

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.