How To Make Google Home Play Music From My Phone Top 3 Ways to Win Vs Competitors in Making Money Online

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Top 3 Ways to Win Vs Competitors in Making Money Online

1) Go read this book entitled ‘The Long Tail’ by Chris Anderson. This book details how profitable niches are for many people to exploit. Many people have the misconception that you need to have more and more potential customers in a particular market before you can compete profitably. Do you really want to fall into the category of having many big competitors already and make yourself Are you crazy? In fact, there are many small markets that are still profitable to compete with, with less fierce and larger competitors. The music industry, for example, is a huge industry. However, there is a niche market for Norwegian folk music and there are loyalists out there who are always looking for new CDs in this niche. Another book you should read is ‘Blue Ocean Strategy’ by Chan Kim. Play in emerging niche markets like what Cirque du Soleil did. They combine theater and circus performances.

2) Go shopping and you can see the proliferation of options and brands for consumers to choose from. It can be puzzling to choose the right product with so many options, and what’s worse, many of them seem to be similar in process. All you have to do is make a difference, compare them better, faster or cheaper.

3) The external competitive environment is always changing. New competitors enter, old competitors leave. You need to keep yourself up to date with the scenery and online competitors are easy to analyze and spy on. Take a step ahead of your target opponents and do something better than them. This can be both a product offering and a marketing strategy. Learn from the mistakes of competitors.

The whole internet marketing game takes time to master, so learn from those who are there to reduce your study time and avoid painful mistakes.

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