episode 03

How Millionaire Marketers Analyze Their Competition

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Are you making it as easy as possible for your followers to buy from you? Is it possible to put out too much content? Many of us, myself included, struggle with thinking more is more when it comes to the products, services, and programs that we offer our potential customers.

It may seem counterintuitive, but offering MORE can actually make people click away!

Giving people too many options can cause decision fatigue and your potential customer will click away from your blog or video without signing up or purchasing from you.

We’re living in an age with options everywhere. If it takes too much brain power for someone to decide on something, they’re out. It’s your job to make it as easy as possible for your followers to make a decision. Your audience will be much more apt to buy if you present them with less offers that are better quality,

In this episode, I help you determine the fine line of less is more when it comes to content. Did you know that a person is less likely to buy if given too many choices? I’ve got a study to prove it to you.

I’ll also help you understand why it’s important to have flow, and a clear beginning, middle, and end. Want to become a go-to guide in your field? I’ve got that covered, too.

These three foolproof steps will help you narrow down the options that you present to your audience:

Listen to your customers. Be intentional about hearing what your customers are asking for. If you listen closely, your audience will tell you exactly what they want.

Carefully watch your audience’s behavior. Where do conversions take place? Where can you narrow down your options? You cannot fear pivoting when necessary. Notice patterns and trends with your audience and do more of what’s working and cut out what’s not working.

Your next clear step: Have a 15-minute brainstorming session and write down what you offer. Ask these questions. Does it feel like too much? Is it clear?

Links Mentioned on the Show:

Sponsor: The Copywriter Club IRL Agora Financial
Name Bank
Bill Bonner
Addison Wiggin
Byron King
Wayne Gretzky
Block Chain
Win Bigly by Scott Adams
Top Gun

Joe’s email: jschriefer@agorafinancial.com
Kira’s website
Rob’s website
The Copywriter Club Facebook Group
Intro: Content (for now)
Outro: Gravity

Show Notes:

  • Introduction.
  • On the competitive analysis of marketers.
  • First step in gaining a competitive edge.
    • How to view what ads competitors are running on Facebook.
    • An explanation on what the ads of your competitors will signal.
  • How is Marketing like sales?
    • Tools recommended by Jeremy to find ads fasters.
    • On finding a pattern within the ads being used by competitors.
    • How do you determine a bad campaign through the ads of competitors?
  • On the customer journey through ads.
    • On determining which landing pages competitors use.
    • Why is this process important?
  • Why is understanding the variance of the URL crucial?
  • On an extension called SimilarWeb.
    • A rundown on what this tool will tell you about a competitor’s landing page.
  • Signing up on competitor websites for free offers by using a Burner Account.
    • What do competitors send their customers after they sign up?
  • On purchasing a competitor’s paid offer.
    • Why is using a competitor’s product or service advantageous?
  • A rundown on how to exploit the differences between your competitors and your business.
  • Parting thoughts

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