Why It’s Important to Study Your Competition

With millions of websites, companies, and blogs, competition today is fierce - especially on the internet. The internet and most especially social media are responsible for creating waves of interest. With that in mind, it is important to know and study that competition fast and furiously. Rather than spend so much time trying to outsmart the competition, studying and making them your ally is a wise choice. Studying Your Competition Go on other blogs; check out their services and the quality of those services. They may have other products or services that you have not yet incorporated into your business model, for example: * EBooks * Videos * Newsletters * ECourses Go on their Facebook fan pages and follow them on Twitter. See how many likes they receive, how long they have been around, and how they follow the trends. Marketing and Social Media Check out the competitions marketing strategy. Take a look at what may or may not be working for them. * See where and when and…
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