Take Steps to Get to Know Which New Players Mean Business
It’s always interesting to track new trademark filings in your industry. To get an extra edge, try finding companies who’ve filed for the first time. By keeping an eye on recent trademark filings you can be the first to know about the new kid on the block.
Now, take this a step further. Gather all the trademark data you’ve collected over time (say six months) and see where those companies are at in terms of bringing their products to market. Have they done anything with their trademarks? What strategies have they used? Have they been successful? Voila, you’ve got a useful competitor tracking system.