![]() |
Scrutinize the Leaders. The next step is to study the top 5 or 10 competitors very closely. There is a lot that can be learned by looking at competitors website and analyzing them. These are the things that you should look for. 1. Make sure you check to see what products or services they offer, and note anything that’s different from your own offerings. Look for gaps that you could fill. 2. Think about the look, feel and functionality of their website. 3. See what advertising campaigns and offers they’re running. 4. Look at their strengths and weaknesses, from the customer’s point of view. 5. See if you can figure out their strategy. When you’re dealing with publicly traded companies, you can often get detailed information from their SEC filings. Write down the names of their key players and then look for any interviews and speeches they might have made about their website. Look for Strengths, Vulnerabilities, and Gaps. Now, summarize the information you’ve found into a few sentences for each competitor, highlighting the strengths and weaknesses of each one. Note strategies that are going to be necessary to counter their offering – these will depend on your own website’s strengths. If you’re small, then you’ll need to be resourceful to exploit their weaknesses. With this research, you can create a marketing plan. Be sure to include how you intend to deal with competition, and what steps you think you’ll need to take for you site to come out on top. Once you’ve finished analyzing your competitors, you need to consider whether it would be better not to compete at all, and find a less-saturated market. Don’t get frightened away prematurely, though – make sure you know what you’re getting into before you start, and don’t let big companies intimidate you. Remember that you can move faster than they can! All you have to do is offer your customers things they can’t find anywhere else. About The Author: Alex Matthews - the newest leader in online information publishing. For more information about this topic and other topics, please visit http://www.MoreDotCom.com People who read this article also enjoyed: |
- website promotion Main
- Introduction to SEO
- A Guide to SEO Resources and Discussion Groups
- Advanced Link Checks
- Do-It-Yourself SEO
- Domain and Page Naming Tricks for Better SEO Results
- Help My Keywords are Too Common
- How Alexa Rankings Affect Your Traffic
- How Google Page Rank Works
- How Keywords Affect Your Rankings
- Back to top
- How Search Engine Spiders Work
- How Search Engines Work
- How to Analyze a Competitors Website
- How to Become an SEO Ninja
- How to Build a Google Sitemap
- How to Check Your Sites Ranking
- How to Choose an SEO Provider
- How to Choose the Right Keywords
- Back to top
- How to Evaluate Your Own Sites SEO Profile
- How to Recover from a Ranking Tumble
- How to Tap Into the Power of HTML Elements
- How to Track Keyword Response Rates
- Increase Traffic with AdWords
- Long Term SEO Maintenance Tips
- Major SEO Success Stories
- Optimizing for AdSense Performance
- Back to top
- Search Engine Optimization Glossary
- Search Engine Optimization Myths
- SEO or PPC Which One is Right for You
- SEO Scams and How to Avoid Them
- SEO Tasks You Should Do Every Day
- SEO Tips for DMOZ
- SEO Tips for Dynamic Websites
- SEO Tips for Google
- Back to top
- SEO Tips for MSN
- SEO Tips for Overture
- SEO Tips for Yahoo
- SEO Tools of the Trade
- The Basic SEO Rules for All Websites
- The Dangers of Link Farms
- The Good and Bad News About Reciprocal link Exchanges
- The Meta Tag Myths
- Back to top
- The Right Way to Submit Your Site
- The Value of Good Link Partners
- The Value of Niche Markets
- Tips for Raising Your Search Engine Rankings
- Understanding Stop Words and How to Avoid Them
- Understanding the Google Dance
- Using RSS to Increase Your PageRank
- Back to top
- Searching on Google
- Warning You Cant Fool Google
- Why Content is King
- website payment methods
