SlideShare uma empresa Scribd logo
1 de 27
Understanding Your Competition Online
Agenda Overview Data Collection Challenges Recommendations by Channel  Current State Competitive Insights Rec’d Tools Next Steps Q & A NOTE: This content is geared towards mfg, pub, and hardware/software tech firms
About Yeoman Slightly Different Approach to Sales and Distribution Focus on entire web Segment into ‘channels’ Match customer buying patterns Manufacturing, Publishing, and Technology Creators Rely on usage statistics to support any assumptions $1 rule applies
The Big Myth – There is not “One Internet” There are groups of distinct sites and systems.  Each has their own group of competitors, sites, and systems. They ARE NOT searchable or accessible from one spot.
Traditional Sales & Distribution Model
Internet Delivery not consistent
Internet Challenge Mfg tend to rely on downstream sales channel for bulk of Internet Delivery No vetting of different options Assumption partners are there Less quality control No monitoring of changes If you go direct Need to be able to manage distribution conflicts Need ongoing cost / benefit analysis Need to prioritize across all platforms Understanding Competitive Strategy is critical
Competitive Intelligence Gathering General stats are plentiful Easy look-up and search functions Ability to enter markets relatively quickly Low cost ongoing monitoring Provides a layer of transparency that just doesn’t exist in traditional channels
There are Data Challenges Easy to understand trends and indicators Not 100% accurate Privacy, compatibility, and nature of tracking protocols Great indicators of relative positions Need to tie back to your internal data Use as a benchmark Link to your different approaches per channel
Internal vs. External Stats
Key Statistics to have Your Company Current presence Stats per channel Your Competitors Where they are How they’re sites & systems differ Basics  Visitors vs. Unique Visitors Pages, Page per visit, avg stay Amount spent on PPC, SEO, etc.
Key Tools to Start Internal Site Tracking Require for EVERY site Leaders:  Google Analytics, Quantcast, Yahoo Analytics, Omniture Tie links to EVERY activity you do online Filter OUT all your internal users and partners Make baseline of your performance Competitor Site Tracking Always compare like to like stats Internal data shows relative inaccuracy Leaders: Compete, Alexa, Quantcast, ComScore, Experian Hitwise
Yeoman Internet Channel Model There are groups of distinct sites and systems.  Each has their own group of competitors, sites, and systems. They ARE NOT searchable or accessible from one spot.
Direct Sites
Core Tools
Are they just an Online Brochure? Key elements of proven E-Commerce systems  based on Yeoman best practice model
E-Commerce Giants / E-Tailers
Major ETailers Unique Visitors Have major traffic advantage due to broad line = more eyes
B2B / Supply Chain
State of Bid indicators
Referral Systems
Major Referral Engine Visitors Almost all users of referral engines are BUYERS, not researchers
Auction Sites
Knowledge/Content Systems
Social Networking
What’s wrong with this picture?
Next Steps….. Get your house in order Understand your presence in each channel Ensure you’ve got accurate analytics in place Research who your key online competitors are It may not be your traditional competitors Set up a program Weekly snapshot Monthly Trends Quarterly Activity Review FYI - We offer complete setup and monitoring services.  www.yeomantechnologies.com

Mais conteúdo relacionado

Mais de Michael Healey

2012 Internet Sales Trends
2012 Internet Sales Trends2012 Internet Sales Trends
2012 Internet Sales TrendsMichael Healey
 
Website Best Practices for Manufacturers
Website Best Practices for ManufacturersWebsite Best Practices for Manufacturers
Website Best Practices for ManufacturersMichael Healey
 
Informationweek 500 - 2010 Enterprise Social Networking Presentation
Informationweek 500 - 2010 Enterprise Social Networking PresentationInformationweek 500 - 2010 Enterprise Social Networking Presentation
Informationweek 500 - 2010 Enterprise Social Networking PresentationMichael Healey
 
2010 Internet Sales Trends Webinar
2010 Internet Sales Trends Webinar2010 Internet Sales Trends Webinar
2010 Internet Sales Trends WebinarMichael Healey
 
Amazons Impact - How They're Changing the Sales and Distribution Marketplace
Amazons Impact - How They're Changing the Sales and Distribution MarketplaceAmazons Impact - How They're Changing the Sales and Distribution Marketplace
Amazons Impact - How They're Changing the Sales and Distribution MarketplaceMichael Healey
 
Multi-channel Internet Sales Review
Multi-channel Internet Sales ReviewMulti-channel Internet Sales Review
Multi-channel Internet Sales ReviewMichael Healey
 

Mais de Michael Healey (6)

2012 Internet Sales Trends
2012 Internet Sales Trends2012 Internet Sales Trends
2012 Internet Sales Trends
 
Website Best Practices for Manufacturers
Website Best Practices for ManufacturersWebsite Best Practices for Manufacturers
Website Best Practices for Manufacturers
 
Informationweek 500 - 2010 Enterprise Social Networking Presentation
Informationweek 500 - 2010 Enterprise Social Networking PresentationInformationweek 500 - 2010 Enterprise Social Networking Presentation
Informationweek 500 - 2010 Enterprise Social Networking Presentation
 
2010 Internet Sales Trends Webinar
2010 Internet Sales Trends Webinar2010 Internet Sales Trends Webinar
2010 Internet Sales Trends Webinar
 
Amazons Impact - How They're Changing the Sales and Distribution Marketplace
Amazons Impact - How They're Changing the Sales and Distribution MarketplaceAmazons Impact - How They're Changing the Sales and Distribution Marketplace
Amazons Impact - How They're Changing the Sales and Distribution Marketplace
 
Multi-channel Internet Sales Review
Multi-channel Internet Sales ReviewMulti-channel Internet Sales Review
Multi-channel Internet Sales Review
 

Último

How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 

Último (20)

How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 

Understanding Your Competitors Online Strategy

  • 2. Agenda Overview Data Collection Challenges Recommendations by Channel Current State Competitive Insights Rec’d Tools Next Steps Q & A NOTE: This content is geared towards mfg, pub, and hardware/software tech firms
  • 3. About Yeoman Slightly Different Approach to Sales and Distribution Focus on entire web Segment into ‘channels’ Match customer buying patterns Manufacturing, Publishing, and Technology Creators Rely on usage statistics to support any assumptions $1 rule applies
  • 4. The Big Myth – There is not “One Internet” There are groups of distinct sites and systems. Each has their own group of competitors, sites, and systems. They ARE NOT searchable or accessible from one spot.
  • 5. Traditional Sales & Distribution Model
  • 7. Internet Challenge Mfg tend to rely on downstream sales channel for bulk of Internet Delivery No vetting of different options Assumption partners are there Less quality control No monitoring of changes If you go direct Need to be able to manage distribution conflicts Need ongoing cost / benefit analysis Need to prioritize across all platforms Understanding Competitive Strategy is critical
  • 8. Competitive Intelligence Gathering General stats are plentiful Easy look-up and search functions Ability to enter markets relatively quickly Low cost ongoing monitoring Provides a layer of transparency that just doesn’t exist in traditional channels
  • 9. There are Data Challenges Easy to understand trends and indicators Not 100% accurate Privacy, compatibility, and nature of tracking protocols Great indicators of relative positions Need to tie back to your internal data Use as a benchmark Link to your different approaches per channel
  • 11. Key Statistics to have Your Company Current presence Stats per channel Your Competitors Where they are How they’re sites & systems differ Basics Visitors vs. Unique Visitors Pages, Page per visit, avg stay Amount spent on PPC, SEO, etc.
  • 12. Key Tools to Start Internal Site Tracking Require for EVERY site Leaders: Google Analytics, Quantcast, Yahoo Analytics, Omniture Tie links to EVERY activity you do online Filter OUT all your internal users and partners Make baseline of your performance Competitor Site Tracking Always compare like to like stats Internal data shows relative inaccuracy Leaders: Compete, Alexa, Quantcast, ComScore, Experian Hitwise
  • 13. Yeoman Internet Channel Model There are groups of distinct sites and systems. Each has their own group of competitors, sites, and systems. They ARE NOT searchable or accessible from one spot.
  • 16. Are they just an Online Brochure? Key elements of proven E-Commerce systems based on Yeoman best practice model
  • 17. E-Commerce Giants / E-Tailers
  • 18. Major ETailers Unique Visitors Have major traffic advantage due to broad line = more eyes
  • 19. B2B / Supply Chain
  • 20. State of Bid indicators
  • 22. Major Referral Engine Visitors Almost all users of referral engines are BUYERS, not researchers
  • 26. What’s wrong with this picture?
  • 27. Next Steps….. Get your house in order Understand your presence in each channel Ensure you’ve got accurate analytics in place Research who your key online competitors are It may not be your traditional competitors Set up a program Weekly snapshot Monthly Trends Quarterly Activity Review FYI - We offer complete setup and monitoring services. www.yeomantechnologies.com