Reverse‑engineer winners the fast path is where traffic already flows

Medium - Requires some preparation Recommended

There’s a faster way to learn than brainstorming from a blank page. Look at where your best prospects already click and what they already buy. Reverse‑engineering is legal, ethical, and efficient when you focus on structure, not duplication. It starts with a good list and ends with a better funnel.

First, name your direct and indirect competitors. If you sell hiking packs, direct competitors sell packs to hikers. Indirect competitors might sell trail shoes or backcountry meals to the same people. The indirect group often shows you fresh ad placements or partnerships you’d never have found by staring at your own category. Then collect five things for each: who they target, their core offer and price, what type of landing page they use, where their traffic appears to come from, and what their ads look like.

Now buy through their funnel. You’ll uncover surprise upsells, trial offers, and how they follow up. An education startup did this and found a rival’s checkout quietly offered a $19 graded essay add‑on that 40% took. They hadn’t thought of it. They added a feedback add‑on and saw revenue jump without changing their main product. One micro‑anecdote: a friend screenshotted a competitor’s ads weekly for three months. The images that survived were a free lesson clip and a “teacher grading at a kitchen table” photo. She used the same emotional cues—a real teacher, a kitchen table vibe—and her click‑throughs improved.

Reverse‑engineering works because markets reward patterns that reduce friction. You’re not guessing; you’re sampling what the market already proved viable. Keep your ethics tight, your creativity on top, and your tests small. The goal is to shorten the path to your own working version, not to become a knockoff.

List five direct and five indirect competitors, then collect screenshots of their ads and landing pages and jot down the five variables for each. Buy from two of them to expose upsells and follow‑up, save everything to a swipe folder, and sketch your version that keeps the structure but uses your stories, assets, and voice. Launch a small test and keep only what the numbers validate. Block two hours for this audit.

What You'll Achieve

Internally, shift from guesswork to evidence‑based modeling. Externally, speed up time‑to‑validation, find profitable placements, and add revenue‑boosting elements you’d otherwise miss.

Audit competitors with five variables

1

List direct and indirect competitors

Direct sells the same thing to the same people. Indirect sells something different to the same people. You need both lists to see hidden veins of traffic.

2

Capture the five elements

For each competitor, record their demographics, offer structure, landing page type, traffic sources, and ad creative. Screenshots are your friend.

3

Buy through the funnel

Purchase like a real customer to reveal upsells, downsells, and follow‑up emails. Save every page and email to a swipe file.

4

Model, don’t copy

Use patterns that repeatedly show up. Adapt structure and sequence to your voice and audience, then test.

Reflection Questions

  • Which indirect competitor seems to reach my people consistently?
  • What patterns show up across three or more funnels?
  • Which element can I ethically adapt and test this month?
  • What am I assuming that their data already disproves?

Personalization Tips

  • Nonprofit: study donation flows from similar causes and advocacy groups reaching your audience.
  • Tutor: analyze local and national tutoring sites for offers, seasonality, and subject pages.
DotCom Secrets: The Underground Playbook for Growing Your Company Online
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DotCom Secrets: The Underground Playbook for Growing Your Company Online

Russell Brunson 2015
Insight 6 of 8

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