Wednesday, June 11, 2008

Online Million Dollar Formula Watches Competition To Get Ahead

By Trisha Frauenhofer

There are lessons to be learned from the people around us. Paying attention to what others are doing can be one of the keys to being successful in your business; you can avoid making the same mistakes that others have made. This article will tell you how to use your competition to your advantage with the Online Million Dollar Formula.

Do your research before you start your webpage. A good way to learn is often by other's mistakes and what better way to find out about their mistakes than to see for yourself. The first step is to figure out who your competitors are. Go to a Yahoo or Google directory and make a list of businesses that are doing similar things as you are doing. Visit the biggest and most successful businesses first. Analyze every aspect of their page. Check out the colors, the feel, the spacing, the advertising, ease of navigation. Look for strategy and strengths and weaknesses. Do limit yourself to 5 or 6 competitor's pages. You need to be aware, but not overwhelmed!

Your competitors may have something to offer that you really like but you never thought of. If this happens, don't get down on yourself for not having it. Use it as an inspiration. Figure out a way that you can incorporate something similar without copying. Copying someone else won't help you get ahead. It might help you keep up, but ultimately you need to take what you see and make it your own to benefit your unique business. People often believe that in order to do this and remain unique, all of our ideas must come from within. That is entirely not true.

When you are looking around at competitive businesses, appreciate what they have to offer and be inspired and motivated to have a good internet marketing webpage. By checking out their content, your own great ideas will start bubbling up and you'll soon have a compelling site to visit.

Perhaps a competitive webpage has something too similar to what you have. If this happens, you need to make your version look better. If it is a similar product, get a better picture, add customer reviews, and advertise it wisely. You can highlight it and have it in a more accessible location on your page.

Diversifying your advertising will also help you get an edge over the competition. Now that you know what they are doing, you are positioned to get out ahead of them. One of the things you'll learn in an Online Million Dollar Formula seminar is how to assess your competitor's strengths and weaknesses to build a better business for yourself.

Another way to investigate what is and isn't working for competitors is to check out client reviews on these businesses. Nothing tells better than reviews from actual real people, people that could potentially be your clients. Make sure you know what they want and what they don't want before you start your site. First impressions are meaningful to a lasting relationship. When people devote any time or money to your business, ultimately you have a relationship with them. In the Online Million Dollar Formula seminar, it is encouraged to check out client reviews. With these knowledge tips about the competition. You should be able to start out your business knowing what is out there and what people want to see. You will profit faster and have more success if you do your research ahead of time.

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