Even if your website currently holds the top spot for a particular keyword, this position won’t last indefinitely. Other websites, most of which are rivals, will eventually discover how to optimize their content and surpass your website in search results. This is why any organization should continually pursue an SEO competitor analysis strategy.
Many companies assume they’ve done everything possible in terms of SEO and disregard competitor analysis. This is not the case, though. In order to produce better outcomes and stay ahead of the competition, something may continuously be improved. You may discover the strategies used by your competitors and apply this knowledge to your SEO efforts by using data-driven marketing strategies like SEO keyword competitive analysis.
What Is An SEO Competitive Analysis?
Finding the advantages and disadvantages of your SEO and that of your competitors is done through a competitive SEO study.
You are attempting to identify differences between you and your rival, much like in a standard competitive analysis. But you’ll concentrate on SEO rather than a marketing strategy.
You can benefit from a competitive analysis by:
- Compare your current SEO performance.
- Determine where your SEO strategy needs to be improved.
- Identify any flaws or weaknesses of the competition.
- Discover the winning tactics of your rivals
Why Competitor Analysis SEO Is Vital
By conducting a competitive analysis, you can examine your market, your competitors, and how the current search environment functions for essential keywords.
You must keep track of your SEO performance even if you are already at the top of the search results for your most crucial keywords to prevent losing your position to a rival.
How To Conduct Keyword Competitive Analysis: A Step-by-Step Guide
Keyword competition analysis can be difficult and time-consuming even when you have a list of crucial terms and have connected them to your client’s journey. But by doing the methods outlined here, you might be able to learn how to carry out a thorough SEO competitor analysis and start outperforming other websites in your industry.
Examine The SEO Data And Tactics Of Your Rivals.
Gather SEO analytics for each of your rivals from the list. Assemble a graph that depicts the following data:
1) The total number of keywords the website has received rankings for.
2) The number of visitors to the website each month.
3) A scale from 1 to 100 is used to determine the domain rank of a website (highest).
4) How many external domains link to the site altogether?
Spend time analyzing competitors and deciding how competitive each website is. Keep a keen eye on metrics like bounce rate, traffic sources, and top referrers to assess each competitor’s website and SEO health.
Measure The Difficulty Of A Keyword
It’s a good idea to evaluate the power of your SEO competition before you start looking at particular link-building tactics or on-page SEO. Although you can potentially outperform any rival for every niche and phrase, some keywords are simply impractical due to the required resources.
Examine the overall domain strength of your competitors using your SEO competitor analysis tool before focusing on a few details, such as:
- Domain authority.
- Domain country and age.
- Indexing in search engines.
- Catalog listings.
- Backlink data.
- Alexa rank.
- Traffic volumes.
- Social signals.
Make notes of the details and scan them for areas where you might improve.
Due to their robust SEO, it will be more challenging to outrank a target rival with greater difficulty.
A Reputed SEO Firm Needs To Find Keywords With A High Return On Investment (ROI)
Look more closely at your competitors’ keyword strategies now that you know which ones to watch out for. Find the keywords your rivals are ranking for using a keyword research tool, then include them in your chart.
Remove any keywords that are time-wasting or too difficult to rank for. Then examine the remaining terms in more detail. Search for those keywords that are crucial to your SEO strategy and offer the highest returns on investment (ROI) as well. A digital marketing company groups the best keywords into the right categories for maximum impact.
Determine How You Could Perform Better In Some Areas Than Your Rivals.
You have chosen a few keywords to concentrate on at this time after learning about the SEO tactics used by your rivals.
You’ll then need to determine how to defeat them. Here’s how an SEO company could earn from them:
On-Page SEO Elements: To outperform your rivals, use a few key on-page SEO strategies. You may create excellent content with internal and external links, significant keyword coverage, and many social shares. Ensuring visitors to your website are more engaged may also enhance the user experience.
Off-Page SEO Elements: Although off-page SEO criteria are less critical now, they will become just as crucial. Prioritize backlinks, the quantity, and the quality of domains linking to your website. You’ll require more backlinks from domains with a better domain authority to outperform the competition.
Examine The Backlink Profiles Of Competitors
Discovering the sources of your competitors’ backlinks and leveraging that knowledge to create high-quality connections for your website is one of the vital aspects of a competitor analysis SEO.
Analyzing the link profiles of your rivals is an excellent method to discover fresh link opportunities.
Again, performing this step manually is impossible; you’ll need a powerful SEO tool.
Tracking Competitor Ad Spending
Using paid traffic campaigns to drive conversions and sales, your competitors may be outspending you if you’ve done everything possible to improve your website but are still losing out on the SERPs.
We advise against attempting to match each competitor’s expenditure amount for amount. To at least get a sense of how much other people in your niche are spending on advertising, it may be helpful for you to keep an eye on their Google Ads campaigns, promoted content, banner ads, paid articles, and other things.
The Bottom Line!
All you need to do now that you’ve learned about SEO competitor analysis is keep going. Continue making tiny tweaks while monitoring your rivals and standings.
Finally, your persistence will pay off, and you’ll start moving up the corporate ladder. At Xpress Ranking, we keep a bull’s eye on every aspect to deliver the best results. For affordable SEO services, feel free to contact us.