Side Hustle School #2891 - Q&A: “How to conduct competitor analysis for free?”
Nov 30, 2024
Explore cost-effective strategies for analyzing your competition without breaking the bank. Discover how simple Google searches and free tools can provide invaluable insights. Learn to leverage social media platforms to stay ahead in your side hustle. This episode equips you with practical methods that enhance your competitive edge, especially for entrepreneurs on a tight budget.
AI Snips
Chapters
Transcript
Episode notes
Customer Review Analysis
- Analyze customer reviews on platforms like Google, Yelp, and Amazon.
- Identify competitor strengths and weaknesses by examining both positive and negative feedback.
Free Tools for Competitor Analysis
- Use free tools like Ahrefs' backlink checker to analyze competitor authority.
- Explore opportunities for backlinks or partnerships based on their link profiles.
Website and Newsletter Analysis
- Analyze competitor websites, including their homepage, product pages, and pricing.
- Subscribe to their newsletters to understand their communication strategies.