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- đź“° Reading the Market Landscape: Signals Your Competitors Are About to Scale
đź“° Reading the Market Landscape: Signals Your Competitors Are About to Scale
Your competitor’s next move can either open the door for you to snag market share or leave you playing catch-up. But here’s the thing: if you know the signals, you can spot when a rival is gearing up for a major scale-up—and get ready to outpace them.
Today, we’re diving into the top signs a competitor is about to hit the growth accelerator and giving you the playbook for staying one step ahead.
Table of Contents
🔍 Key Signals Your Competitors Are About to Scale
Knowing where to look is half the battle. Here are the telltale clues that your competition is about to make a big move:
1. Talent Acquisition Blitz
What to Watch For: A sudden hiring spree, especially for roles in product development, sales, or partnerships.
Why This Matters for Your Business: A competitor’s hiring spree, especially in specific roles or regions, is a flashing signal of where they’re aiming next. It’s a sneak peek into their playbook, showing you exactly where they’re about to invest resources and shift focus.
Roles to keep an eye out for in different functions:
Sales:
Account Executives – Especially regionally specific hires. If they’re staffing up with AEs in a particular area, it’s a clear sign they’re aiming to build sales momentum and land big accounts in that region.
Partnership Roles – Keep an eye on new partnership positions. This usually means they’re doubling down on expanding their go-to-market strategy through alliances and partner channels.
Product:
Chief Product Officer, Head of Product Development, Product managers etc - Basically, if it says “product” anywhere in the title, it’s a giant neon sign saying they’re cooking up something new.
Corporate Development:
VP of Corporate Development, Director of Corporate Development - Titles like these mean they’re not just focused on day-to-day ops; they’re likely scouting for strategic partnerships, gearing up for acquisitions, or even positioning themselves to be acquired.
Tip: Set up alerts on LinkedIn for job postings from your competitors, especially for C-suite and VP-level positions.
2. New Partnerships
What to Watch For: Announcements of alliances with other companies, particularly within tech ecosystems or complementary industries.
Why It’s a Signal: Partnerships often help companies accelerate growth, whether through product integration, expanded distribution, or combined marketing efforts. For instance, a SaaS company partnering with a major cloud provider could mean they’re preparing for a high-demand, large-scale deployment.
Tip: Follow competitors’ news feeds and press releases for partnership announcements, especially if they’re teaming up with big players in your space. Their main website, along with PR news outlets like PR Newswire and Business Wire, are goldmines for staying in the know.
Want to be extra slick? Set up an RSS feed so you’re first to know when they drop new updates.
3. Patent and Intellectual Property (IP) Filings
What to Watch For: Patent or trademark applications related to new technology, product names, or software features.
Why It’s a Signal: IP filings are a strong indicator that a company is working on proprietary tech or gearing up to protect a new product in the pipeline.
Patentdrop is a solid source for the latest patent news from tech giants, keeping you in the loop on who's working on what.
For a little DIY intel, tools like Google Patents and the USPTO's search make it easy to spot recent filings. If you see a sudden flurry of applications, chances are, a competitor’s gearing up to drop something big.
🎯 How to Use These Signals to Your Advantage
1. Adjust Product Strategy
If your competitor is preparing a launch, now’s the time to fine-tune your roadmap. Spotlight your unique strengths and bring your team up to speed on what’s ahead. A little roadmap refresh can go a long way toward ensuring your features don’t overlap and your product’s one-of-a-kind edge shines.
2. Battlecard Glow-Up
With competitors scaling, expect them to amp up their sales pitch too. Give your sales team the ultimate refresh with updated battle cards that tackle potential objections, new features, and the inevitable competitor claims. Keep your team ready for anything.
3. Lock in Loyal Customers
A big move from a competitor can rattle even your most loyal customers. This is the moment to zero in on retention. Check-in with high-value accounts and remind them of all the ways you deliver value, keeping those relationships tight and proactive.
4. Level Up Your Messaging
If your competitors are out there launching campaigns or cozying up to new partners, it’s time to revisit your messaging. Double down on what makes your product a must-have, and consider a counter-move that highlights your brand’s unbeatable edge.
🔧 Tools for Tracking Competitor Moves:
LinkedIn: Track hiring activity to see if competitors are filling key roles.
Crayon: Monitor competitor websites, job listings, and product announcements in real time.
Owler: Get news updates and competitor alerts on funding, partnerships, and team changes.
Google Patents: Search for recent IP filings that could indicate new product directions.
With these tools, you’re locked and loaded with fresh insights to tweak your strategy on the fly and stay sharp in the game.
đź’ˇ Final Thoughts: Stay a Step Ahead by Reading the Market Landscape
In competitive markets, the companies that succeed are the ones that can read the signs and stay proactive. By spotting early indicators of competitor scale-ups, you give yourself a head start to adapt, reinforce, and double down on your strengths.
Until next time,
Stay sharp, stay informed