Challenging Market Place Requires Reliable Information
In China, the turnover of salespeople in most industries is frequent; often competitors target other companies to find R&D talent. As competitors lure trained employees, much company proprietary information is lost. Additionally, company alliances can form overnight, competitors offer new products, pricing changes and new players enter the market.
Knowing what your competitors are doing helps a company to develop defensible plans to maintain their employees, protect their company secrets, and respond to competitive threats in China.