
Alexa has always been a simple and valid way to measure the popularity of a site. Here are seven ways you can use it for your online business:
Alexa’s most useful function is to compare your website with another one in your niche — or to get a fix on where you stand within the market.
Comparing the competition not only gives you ideas on what’s working in your niche but gives you a goal to work towards.
When your site is losing traffic, the first reaction is usually panic. After that, you start looking at why. It’s useful to look at the performance of other websites in your market.
If they’re also losing rankings, that’s a clue that something bigger is affecting your niche. It could be a Google algorithm update, a seasonal change in demand, or changing trends.
If you’re losing rank and your competitors are gaining, what are they doing differently?
There are all kinds of reasons you might want a quick estimate of how well a website is performing. It could be to assess the traffic potential of a new online business idea or simple curiosity.
Growing your online business means you will start to receive a lot of requests from potential collaborators. For example, blogs asking you to guest-post, sponsorship requests, or joint ventures in promoting a product.
Alexa ranking gives you a “big picture” test of reasonableness for a single site. A marketer with something to sell (e.g., ad space on his site) might claim that he gets 10,000 visitors per day.
When you find a ranking of 5,000,000 at Alexa for that site, you can be 99.9% sure he’s lying. With a single, free check, Alexa has saved you time, money and the usual ugly ending when dealing with a liar!
When you’re looking for other businesses that can help yours, Alexa ranking helps you evaluate which ones have potential.
You’re seeking high-traffic sites, meaning the Alexa ranking is more reliable. As you use Alexa more and more, you’ll develop a strong frame of reference for what’s outstanding traffic in your niche vs. “not worth pursuing.”
If you have an affiliate marketing program, finding those high-volume marketers can give your sales a huge boost. But you have to make sure they can deliver before you offer preferential commissions or other perks.
Use Alexa, SimilarWeb, and SEMrush to maximize reliability and to determine how much traffic is organic search (which is generally higher quality).
Once there’s a deal to be made, you’ll want to take considerably more time to insist on seeing Google Analytics proof. But no doubt about it, Alexa definitely has its place in your toolbox when screening sites for potential opportunities.
No matter what niche you’re in, Alexa is invaluable when you’re trying to figure out who’s delivering the goods.
The definition of success should not be “putting up a stunning website,” with the implication that business success follows automatically. It’s about building income and equity.
Since most individual website owners don’t make their income public, the best evidence of success for the majority of online businesses is traffic.
You can’t earn if you don’t have visitors.
Use Alexa’s tool many times each day, as a first-pass check to see how popular sites are doing (ballpark!) and whether they’re growing or contracting.
I also use it to check claims, assess potential influencers, or satisfy my curiosity. It provides “good enough” ballpark estimates.
Most of the time, all I want to know is which of 6 ballparks a site’s traffic falls into:
Note 1: Few solopreneurs make it into the top ballpark (1-100,000). Almost all “Outstanding” Alexa rankings come from mid-sized to large businesses. At the other end of the spectrum, almost 100% of the “Invisible” ballpark is solopreneurs.
Note 2: “Not enough traffic data” means that Alexa’s massive panel of toolbars, extensions, pixel installs and third-party sources has 0 data points for a site. Basically, it’s “Invisible.”
Note 3: The ballparks are snapshots, not judgments. Consider these ranges in light of your circumstances and especially in light of your site’s actual traffic. For example:
When you need granularity (including traffic stated in terms of the number of visitors) or certainty (e.g., when it’s especially important or when the Alexa score seems off), consult SEMrush and SimilarWeb.
It’s easy to check engagement numbers to determine the social power of
potential influencers. Even more than social media success, site traffic is an important consideration in assessing both influencers and super-affiliates.
Suppose you have an online business based on mathematics.
And let’s say that you have identified math-only-math.com (an actual SBI! business) as a candidate for a potential joint venture to sell your math courses.
Checking social media? Even though the Facebook presence is weak (@mathonlymath) and Twitter is private (@ghosh0), this is a entrepreneur you would want on your side.
From here, you would reach out and discuss ways to create a mutually beneficial partnership. For example:
Bottom line:
Alexa traffic rankings help you find potential partners to help grow your business — and determine whether an opportunity is worth your time and effort, and can help you make money from your blog or online business.
There’s really only one time not to use Alexa. That’s for your own site. Here’s why…
Direct measures such as Google Analytics are exact.
So, do not use Alexa to measure your own traffic.
We have seen countless posts in various online marketing forums worrying about a low (or deteriorating) Alexa score, or rejoicing over an improvement. Why do folks worry about Alexa as it relates to their own sites? Some reasons:
It’s simple, and short:
Alexa is a good way to assess traffic of the sites of others…
Not yours!
In GRATITUDE to YOU and MarketHive.
Goran B Edstrom, Sweden - Proud MarketHive - Entrepreneur ONE.
