November 25, 2016

RS072: 8 Sneaky Ways to Spy on Your Competitors’ Marketing Practices

Rogue Startups
Rogue Startups
RS072: 8 Sneaky Ways to Spy on Your Competitors' Marketing Practices
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Show Notes

For those of you in the US I hope everyone had a great Thanksgiving.  A great time of year to begin reflecting back on the year, what we’ve achieved and what we’re all thankful for.  Certainly a lot for us all to be proud of and to cherish.

This week Dave and I are catching up on some of the ways that we aggregate the best practices from our competitors to create a highly optimized marketing plan.  There are 8 ways that we observe from and improve upon our competitors marketing practices:

  • Follow your competitors on Twitter.  
  • Paid keyword analysis with SEMRush
  • Talking to friendly competitors about things that are working for them
  • Targeting developers/influencers of a tech to promote/get feedback your product (e.g. WordPress, Shopify)
  • Forr paid advertising, see who’s ads are showing up on your google searches or facebook ads, and mimic those.  for copy, demographic targeting, etc.
  • Pricing – this may seem obvious, but can you do something a little different (one time vs. recurring, setup fee vs. ongoing charge)
  • Sign up for your competitors’ email lists – get autoresponder copy, frequency, ‘deals’, cosponsorship opportunities
  • SimilarWeb – Great snapshot of your competitors traffic, ad dynamics, social media engagement, and other sites that are “similar” to theirs.  Good for building a portfolio of Doppelgängers.

So how are you observing your competitors and picking out the best practices to create a more optimized marketing plan for your business?  Drop a comment in below and we’ll highlight it on the show next week.

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