| Before you opened the
physical site of your offline business, you scouted the nearby competition. Thats
only common sense. You looked at your competitors stores and tried to make your
products better, more accessible, or less expensive. You tried to discover what your
competition did well, and what they did poorly. Moving onto the Internet is no different. Online as well as off, examining your competition will
help you to determine what you need your Web site to do. When you get to competitors
sites, you need to decide precisely what you like and dont like about them so that
you can use their mistakes to make your site better. Try to approach the site with a
customer mindset. And remember, all too often designers and content creators
assume their audience has a larger store of knowledge and information than is actually the
case. Erring on the side of simplicity is usually better than starting off making
something too complicated.
Finding Your Internet Competition
Your first step in any Internet marketing
assessment is to search the 'Net using keywords and phrases associated with your business
or the niche that you are interested in researching. Print out the results of each search,
and take the extra time to examine the list. What does it tell you about the companies
that are already involved? What terms and phrases are repeated? Analyzing these lists can
help you to set your priorities, tap into your own creativity, and capitalize on the
marketing savvy used by your competition. You can start by going to the major search
engines:
http://www.Google.com
http://www.Altavista.digital.com
http://www.Excite.com
http://www.Infoseek.com
http://www.Lycos.com
http://www.NorthernLight.com
http://www.Webcrawler.com
http://www.Yahoo.com
Or use some of the composite engines like http://www.dogpile.com to search many engines at once.
Type in the names of the keywords that you think
your customers will use to look for you, then visit the top sites that come up in each of
the search engines. Most customers won't look beyond the first three result pages of an
Internet search, but you should go a little deeper just to be certain that no one is going
to pop up to surprise you. And remember, search results change frequently, so this is
something that you will want to do on a regular basis.
Next focus on identifying a
list of keywords that will help drive customers to your site. Use a
tool like WordTracker
to help you identify the keywords that have the most search requests. You can also sneak a peek at the keywords that
Internet users are searching for by going to some of the sites on the Web that are devoted
to discovering how people search. Sites like Metacrawler's
MetaSpy or Galaxy
Voyeur
can show you in real-time how people are combining search terms. And of course, if you are
comfortable with HTML, you can view the source code of your competitor's sites to discover
what keywords and search terms they have defined as important. You can then use those
keywords to find still more competitors via the search engines. Also pay attention to
banner ads that pop up as you key in search terms. And don't forget to visit some of the
mega-stores and portals, such as http://www.i-village.com/
and http://www.Geocities.com , which offer links
to selected shops.
Assessing Your Competition
Once you have found your competition, make a
note of how you were able to find each one. Were they at the top of the search engine
index? Did they buy banner ads associated with certain keywords? Did they purchase real
estate on AOL? Did they buy a television or radio commercial that mentions their site? Do
they use their catalog or printed advertising to drive customers to the Web?
Next, consider what the sites actually offer.
Assessing the quality of a site is often one of the best ways to identify areas of
opportunity that you can exploit yourself. Ask yourself the following questions for each
site you visit:
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What is your first impression of
the site? |
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How does the site compare to the
company's catalog or printed advertising? |
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Are you able to find everything
that you are looking for on the site? |
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Does the site respond quickly? |
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Are you able to navigate easily? |
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What did you especially like or
dislike? |
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What does the company offer that is
similar to your own product or service? |
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What do you offer that is unique? |
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How can you differentiate yourself
and make your site more memorable? |
Not all of these questions will
be easy to answer. You may need to find out more about your competitions
business(es), owners, or customers. To do so, you can tap into the wealth of Internet
resources available, including:
Annual
Reports Library
Business Wire
Companies Online
Dun & Bradstreet
Fortune 500
Hoover's Online
PR Newswire
Public Register's Annual Report Service
Stat/USA-Internet
Making It All Work Together
The best sites on the Internet deliver
information in ways that no other medium can: they become interactive. The greatest
strength of the Web is its ability to bring people together and to allow e-marketers to
respond quickly to what happens when those people meet. If customers are talking
about a problem, a good site can respond immediately by displaying an ad with a product
that can solve it on the next page they visit. Customers can personalize their pages to
display their personal preferences, and companies can feed ads and information based on a
customer's previous sales history. Personalization and solution marketing will become more
sophisticated as they become more pervasive. As you evaluate each site, consider whether
your competitors are using one-to-one marketing techniques to enhance a customer's
enjoyment and shopping experience, or whether they are using them in a way that is
obviously designed to sell more product.
Pretend that you are your customers; you know
them better than any researcher can. And knowing what your customers like and dislike,
approach your own Web site with fresh eyes. Which of the sites that you have seen would
your customers prefer? What can you offer that is better? But don't just stop at
guesswork. Ask your customers and employees the following questions, outright:
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Where do they shop online? |
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Where do they
search the Internet? |
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What motivates them to buy from a
Web site? |
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What frightens them about buying
online? |
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What makes them feel more secure
online? |
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What annoys them about various Web
sites? |
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What makes them remember a Web
site? |
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What makes them enjoy an online
shopping experience? |
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What are the top five things that
they would like you to do for them online? |
Provide a
survey and offer
a prize for the best answers or draw randomly from contributions. Giving your customers
and employees a stake in your site's success is a sure way to encourage them to use your
site when it is finished. And isn't that the point?
A Web site that doesn't get used is worse than
no Web site at all because it drains your resources and shows potential customers that you
are not keeping pace with technology and new innovations. But by staying aware of what
your competition is doing online and what options they have failed to capitalize on, you
can build a site worth using. That's the kind of
site that not only pays for itself, but also increases your customer satisfaction index
and expands your business opportunities. |