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Your competitors are full of valuable information and believe it or not, they just can’t wait to shove it down your throat. You can subscribe to their blogs through RSS feeds or email, or you can become a subscriber to their newsletters, and you can become followers or friends on any of their social media presences. The danger is that you’ll gain too much information.

Knowing what your competition is doing is a necessity and always has been. The best offline businesses are the ones that have always strategically placed themselves to best advantage – and you can’t accomplish that without knowing where you competition is, and what they are doing. The online business world is no different. What is different are the methods used to obtain some of that information.

You can research and spend some time spying on your competitors Рor you can let them send you information. The reality is that you will need to do both. Your own research will uncover a lot of the un-publicized data ( such as keywords) Рbut that flood of information coming out in the form of blog posts and newsletters for example, can also help to build a picture  of where they are at and what sort of threat they present to your business.

Internet marketing can be a two way street – while you are out there promoting your business, you need to be aware of how your competitors are promoting theirs. Are you subscribing to any of the information that your they provide? You should – it’s free and they can’t wait to send it to you!

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