Being able to spy on your competitors and capitalize on opportunities that are backed up with research and data, can really help you to make lots of money online. There are a number of tactics and tools you can use to help you better understand opportunities, your competitors and how they are going about marketing products.
Try out some of these strategies when researching the next big product you are going to promote and to find techniques used by the pros.
Spying on Competitor Adwords CampaignsWouldn't it be nice if you could spy on what keywords your competitors and other affiliates are bidding on? Having that information can help you identify which keywords are more valuable. If you notice that someone is only bidding on a small group of keywords and they have been running for a while, you can make an assumption that they have done their homework and found the keywords that are leading to sales.
This tactic allows you to let others spend the money on testing lots of keywords to find out what works. Once they have their campaigns dialed in, you can take those keywords and create your own ad campaign. You can also get an idea for what type of budget the other competitors have to see if you can even compete in a particular niche.
Here are a number of tools to help you with this:
Keyword Spy
Probably the most in-depth tool, it has a database that is updated daily of your competitors and their keywords they are bidding on. See data like how much competitors are spending, and find profitable keyword/ad copy combination's. It comes with a price tag, but the data is well worth it if you are a hardcore marketer.
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