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The Market: Identify Trends at an Early Stage

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Part of the book series: Management for Professionals ((MANAGPROF))

Abstract

The focus here is on the identification of change and trends in the marketplace, representing an essential skill for any sales organization. The authors develop a model that considers change-related information in five different areas:

  • The company’s own position in the market under review,

  • Competitor behavior in the market under review,

  • Customer behavior,

  • General market characteristics, and

  • Other environmental factors.

As in other sections of the book, the authors lay out detailed approaches to tackling this information challenge.

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Reference

  • Kuester, S., Homburg, Ch, Robertson, T., & Schäfer, H. (2001). Verteidigungsstrategien gegen neue Wettbewerber – Bestandsaufnahme und empirische Untersuchung. Zeitschrift für Betriebswirtschaft, 71(10), 1191–1215.

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Correspondence to Christian Homburg .

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© 2012 Springer-Verlag Berlin Heidelberg

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Homburg, C., Schäfer, H., Schneider, J. (2012). The Market: Identify Trends at an Early Stage. In: Sales Excellence. Management for Professionals. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-29169-2_14

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