Fabian Tan

One way to shortcut your Internet business success is to see what your competitors are doing, then do it better than them. You are essentially seeing what works for them, and then improving on it to get even better results. Fantastic idea.

Here is your 5-minute guide to doing a complete competitive analysis of your niche market:

1. Find Out Who Are Your Main Competitors

Find our who the major competitors in your market are. Do a simple search on Google for a few of your main keyword terms and check out the top 10 to 20 organic results to get an idea.

2. Search For Forums In Your Market

Look for forums in your niche market by using Google again. Simply search for your keyword + forums to find specific forums that are highly populated. Make a list of these forums in your own reference document.

3. Find Out Which Are The Most Popular Blogs

Go to Technorati to find out which are the most visited blogs in your market. Take a look at the comments received on a blog as a gauge to see how the popular a blog is.

4. Find Out The Most Successful Affiliate Programs

Go to Clickbank and Commission Junction to see which are the most high producing affiliate programs in terms of sales.

5. See Who Is Getting The Bulk Of The Traffic

Use Alexa to see which websites in your market are getting the majority of the traffic. Then analyze how they get most of their traffic.

6. Sign Up For Mailing Lists

Whenever you spot a mailing list in your market, sign up for it. It allows you to keep in touch with your industry and also to easily gain new ideas for your own marketing campaigns and email promotions.

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