Assessing your competitors traffic is like chasing rainbows: you never quite
get there and wouldn't know what to do if you did. How do you compare traffic,
and is it really worth doing?
A lot depends upon what you mean by the "word traffic" and how
you assess it. Every time you visit your own website you are"traffic"
unless you can measure unique visitors. Here are three ways of gathering
approximations of the traffic that your competition is getting relative to
yours, although "approximate" is very much the appropriate word:
* Alexa Ranking: if you visit alexa.com you will be able to download a
toolbar that provides you with what is known as an Alexa Ranking. This is a
ranking of the web page you are viewing in terms of total traffic relative to
other sites on the internet from Alexa users. The lower the figure the better,
so you can compare your competitors with your own Alexa statistics.
* Compete Ranking: compete.com allow you to download the Compete equivalent
to the Alexa ranking Many people prefer Compete because it uses a wider base
for collecting data: in addition to toolbar users they also use data from ASPs,
ISPs and opt-in panels. They also provide data on unique traffic that Alexa do
not.
* Netcraft: this site provides information mainly on web servers rather
than individual domains, and is useful only if you want to find information
about your competitors server. The information is sketchy for any but the
biggest sites.
These toolbars are free, and useful for the amateur webmaster to use.
However, if you are serious about finding information about the traffic of
your competition there are a number of commercial paid sites such as Hitwise
and ComScore that provide you with more comprehensive information. The choice
of such services is a personal one, and quite frankly there are few, if any,
that provide a comprehensive analysis of traffic that could be of much benefit
to you.
Finding traffic details about your competition is all very well, but to
what use can you put it? It is not the volume of traffic that matters but how
much unique traffic you are getting, and what you do with it is even more
important. That could depend on the type of business you have.
A B2B (business to business) website usually regards traffic in a different
way to that of a B2C (business to customer) site, in that whereas a B2B
website is often designed to showcase the products and services offered, much
like it would use a trade show, a B2C landing page is generally more of a
squeeze page, designed to maintain contact with the visitor with a view to
completing a sale some time in the future.
Whereas one is designed to display technological or product competence and
innovation to prospects who are perhaps already in a sales funnel, the other
is designed to create and maintain interest with the traffic achieved and
enter them into the funnel. It is not so much how much traffic you get to your
site that is important, but what type of traffic you get and what you
subsequently do with it.
OK, we all know about squeeze pages and how you must use an opt-in form to
collect your visitors email addresses. But what else? Do you use a sales
funnel for instance? Every visitor to your website should enter the funnel and
be qualified to different levels the farther down the funnel they travel. It
is a good tool to try if you are new to the concept.
You should have specific actions to take at each level in your funnel, and
also pre-arranged means of injecting life into those prospects that appear to
have become stuck! You will have to lubricate the funnel now and again,
perhaps with free offers or money-off coupons your visitors can use to
purchase some of your higher value products at low prices. That should get
them going on their way down the funnel towards the area where you offer them
products with real benefits at real prices. The money-making end!
That is one simple way in which you can use your traffic to your best
advantage, and where, if your competitors do not do the same, their traffic is
irrelevant to their income. If you can make every visitor count by using the
proper tools, then assessing your competitors traffic might be time better
spent on other things.
It is important that you keep tabs of what your competition is doing, but
don't dwell too much on their traffic: think more on what you are doing with
yours.
About the Author
If you want more information on traffic generation, check out Pete's blog on
Seoscopy where you will find out how to use SEO to drive masses of
traffic to your website, and also links to his other websites and blogs on
similar topics.