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Determine why.....
Take a look at each web sites meta tags in
view source function in your browser. You can view
source code of any open web site in your browser by selecting "Source" in
"View" function of Internet Explorer or "Page Source" in
"View" function of Netscape.
Examine
keywords, description, and title that your competitor is using in their meta tags and see how your own meta tags compare (you do use meta tags don't you??).
Do you need to fine tune your meta tags in order to increase your chances of ranking higher with
search engines, then do so. This activity alone will bring your more targeted traffic.
How does your web sites sales copy compare to your competitors. Chances are that your larger competitors are using benefit rich sales copy. Fine tune your web site sales copy to address how your product or service will be about helping your customer get what they want and need.
How about
design of your competitors web site? You can learn more about what is more attractive and compelling to your customer by comparing your web design to that of your competitors. For example... is your web site easy to navigate? Do you have a consistent focus on one or two products/services? Do you have a web site that is cluttered with gyrating banners for unrelated products/services?
Does your competitors web site offer more online payment options than you do? Are they easier to use? Do they send an automatic thank you with each order?
What about customer service? Does your competitor follow up with their customers to determine their level of satisfaction? Do they offer real time online customer support?
What about price? Where is your pricing compared to your competitor?
How about added value? Does your competitor offer more to
customer with
purchase of their product/service? For example, a guarantee, a bonus, or a trial version.
How much advertising does your competitor do and where? To find this out, simply search
Internet using your competitors web site name, or product name to find out where else they are linked to.
***Keep in mind
above suggestions do not suggest or encourage copying any web site, web site copy, or HTML code from your competitor's web site. There are copyright laws that protect us all from this kind of activity. You can use
information obtained from your Internet searches for ideas on how to improve your own web site only.
This is no different from how
bricks & mortar businesses gather their market research information about their competitors when they send employees out to "Shop" their competitors stores and buy their services and products....
glaring difference is that Internet Marketers can gather all
information they need from a larger number of competitors in a fraction of
time it would take
offline business to do so.
This is a wonderful time to be in business on
Internet, and if you have not taken
time to do your market research, then stop everything you are doing to promote your business and focus on accomplishing
three steps above.
By doing so... you will gain customers and gain on your competitors in market share.
Good Luck Online.

Diane Leonte is a Business Coach, specializing in Making Money on the Internet. Web master of "Wealth In Mind" http://wealthinmind.com and Publisher of the "Achieving Success & Wealth" mailto:subscribe@wealthinmind.com.