If your pricing is similar to that of your competitors, two of the strategies - establishing yourself as an industry guru and micro-niching - can differentiate you from the crowd. If your price is lower than most of your competitors, play the price card.
In your marketing copy, talk about how the other guys charge an outrageous fortune for big, elaborate packages that the buyer won't have time to absorb and probably will never even look at. Then show how your product saves time because it is tightly written (no fluff) as well as inexpensive.
One other idea for handling competition: Befriend them instead of going to war with them. This strategy is called "coopetition." It recognizes that two businesses can be competitors and joint venture partners simultaneously.
Reach out to your competitors via phone or e-mail. Offer to do joint venture deals and affiliate promotions with them.
Maybe they have a high-priced product that is the perfect back-end to one of your front-end products. Instead of spending a lot of time and money to duplicate what they have done, sell their product to your customers on the back end for a nice affiliate commission on every sale you make.
Larry Potter
http://www.youtube.com/watch?v=lkJCsIMAiNY
www.ATicketToWealth.com
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