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Did you know that the more you know about your competition actually helps you understand your own business? It is true and the good news is that finding information about your competitors is both easy and inexpensive.
The best place to start your research is on your competitors’ websites. For further information, you can visit their brick and mortar store. As you research, ask yourself the following questions:
- What do I like about the store?
- What do I dislike about the store?
- How busy is it?
- What are they doing right?
- What are they doing wrong?
- How much do they charge?
Once you’ve answered these questions, you should have a good knowledge of your competition. Watch this SmallBusinessNewz report with Abby Johnson and learn how you can take this information and use it in your favor.
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Great video about checking the competition. Competitors teach us alot
Very informative. It has helped me to make a more appealing website
;:` I am very thankful to this topic because it really gives up to date information *–
Apple now has Rhapsody as an app, which is a great start, but it is currently hampered by the inability to store locally on your iPod, and has a dismal 64kbps bit rate. If this changes, then it will somewhat negate this advantage for the Zune, but the 10 songs per month will still be a big plus in Zune Pass’ favor.