View Market Intelligence Meaning Background. Here are all the possible meanings and translations of the word market. As a marketer, market intelligence is important because it can help you understand your position in the market, evaluate your product, know your target audience, and conduct a competitor analysis.
Information about customer demand, competitors' products, etc.
A marketing intelligence system is a set of procedures and sources used by managers to obtain it means that this is a mechanism used by executives to gather data on the developments taking place. This means that it is more client focused, which helps companies to understand their. Market intelligence is the data collected by a company about a specific market, then analyzing the data accurately and information differs from intelligence, it is not useful until it has meaning to it. Before understanding the concept of market intelligence, let us understand the meaning of.
