How to Get Ahead of The Competition with SEO

An 8 Step Approach Using Share Of Voice

For many marketers tactical approaches to managing and optimizing SEO campaigns fills much of their time. However as SEO and social media disciplines merge, the importance of SEO is rising to the top of many C-Level agendas as a key driver of business goals.

Understanding where your competitors are positioned in SEO is an important aspect in today’s competitive landscape for meeting your organic search goals.

There are several ways to look at competitive intelligence. One framework approaches this from the content, authority, and opportunity angles.

Opportunity of competitive intelligence consists of:

  1. Improving share of voice: Understanding you and your competitors’ performance and strategies, and using this to improve your own share of voice
  2. Forecasting opportunity: Quantifying the value of SEO opportunities

Technology Is No Longer a Bottleneck

The development of SEO technology has provided search marketers with a wealth of choice in tools and data from providers like SEOmoz and Majestic SEO to help us understand the competitive landscape. The SEO space is seeing significant investment in innovative technologies as well as integration between these technologies.

So, technology isn’t a constraint and we can begin to look at how this can help search marketers understand, estimate value more accurately, and now scale their SEO campaigns.

Eight Steps to Successful Competitive Intelligence

There are a number of methods to look and evaluate competitor activity. These vary from detailed spreadsheet/manual analysis, through to utilizing a number of free tools, and finally to using an Enterprise platform to tie together competitive analysis, opportunity forecasting and productivity and workflow. Utilizing any number of the above techniques works if you follow the structure identified below.

Step 1: Discover Competition

Define the competition and share of voice. I like to describe this as;

Understanding how you stack up against the competition. Share of voice allows you to discover the entire competitive landscape for a group of keywords, the percentage of the keywords in the group they rank for, and the number of keywords for which they rank. This helps you discover new competitors and create winning competitive SEO strategies.

Discover competition; measure you and your competitor’ SEO share of voice. For your SEO strategies to be complete and effective, you will need to know who your competition is. While most marketers have a list of competitors they track, it is very likely that they do face competition from companies and brands they might not be aware of.

Discovering top competitors for each keyword/keyword group that correspond to product, product category and industry should be the first step as you think about gaining a competitive advantage.

One way to measure your competition is to map out the share of voice for each segment relevant to your business. If you are an apparel retailer, you may want to measure your own and your competitor’s share of voice for every product or product category related keyword/keyword group. That should give you an exhaustive list of competitors that you actively need to track.

apparal-keywords-discovered-recently-share-of-voice

Step 2: Analyze Competition

Identifying competitors is the first step. Next, assess your competition and see how you perform against them. There are several ways to measure your performance against them and all of them are important.

Evaluate your competitor’s performance and the competitive landscape.

Estimating the value and volume of all keywords that a domain ranks for helps you view the competitive field in more monetary terms and gives you value based parameters to monitor and track going forward.

seo-keyword-competition-map

Key questions you might answer with such a map include:

  1. Is any company dominating the market?
  2. Which keywords are they strong? Where are they weak?

Step 3: Track SEO Performance of all Keywords & Keyword Groups

Keeping track of performance is a complex task – especially within the long tail. There are three broad considerations in tracking keyword performance for competition.

1. Ensure that you track data by product, brand, theme, project or any logical grouping that makes business sense. Analyzing data by these groups will make it easier for you to prioritize how to handle competition for specific groups.

2. Track organic/classic and blended rank. Blended rank measures rank among all types of search results including text, images, video, local, and social results.

3. Ensure that you segment your analysis by the geography/search engines that you track.

The call to action from this analysis is two-fold:

  1. Shine a light on the keyword groups and keywords for which you outrank competition so you can reinforce what is already working for you.
  2. Call attention to the keyword groups and keywords where you face stiff competition so you can take corrective actions.

Step 4: Measure & Track Universal Search Performance

Google continues to put more emphasis on universal results, displaying image, video, social, and local results to make search results more relevant to the user. Tracking all of this helps you better measure competitor performance.Some people prefer to track completion manually or through Excel. However, universal and local listings make this a more and more complex task.

keywords-universal-results-page-1

Identifying where you are positioned and where your competitors appear (and invest) across images, videos, social, local, and mobile allows you to make decisions on your future investment going forward. This allows you to rank across not just one but multiple channels.

Step 5: Understand How Competitor Social Media Activity Impacts Rank

With Search Plus Your World, Google signaled a greater importance for Google+ pages in the search algorithm. Understanding and scanning social media signals such as tweets, likes and shares is of growing importance. A recent case study BrightEdge conducted with Twitter and Tiny Prints highlights this point as 47 percent increase in search rankings was identified using Twitter.

It is important to understand and track your competition’s social media activity and, more importantly, correlate it with their rank performance, Again, this needs to be done at keyword group level as discussed in Step 3. Once you have insight into how social media is impacting your competition’s rank, you can take actions like ramping up your social media activity for keywords where your competition is benefiting from social media.

facebook-like-shares-keyword-rank

Step 6: Build Insight into Competitive SEO Strategies

The analysis in Steps 2 through 5 will help paint a solid picture of how you perform against your competition. While that is a great way to reinforce what’s working and fix what’s not, it is not sufficient. You need to drill down into your competitions SEO strategies and uncover new opportunities to improve your share of voice – that’s where the real competitive advantage lies.

Once you have gained an understanding of your SEO share of voice, where your competitors rank for the keyword groups that matter, you are ready to take your competitive intelligence to the next level. Now is a good time to understand what your competitors are focusing on. The following sequence should give you solid visibility into your competition’s strategies while also helping you discover opportunities:

  • Build a list of your competitors’ top ranked pages. Ask yourself if these pages compete with any of your pages. If yes, follow the next step
  • If yes, understand what the target keywords are for these pages. Do you track these keywords? If not, you need to track them – create logical groups of such keywords. Once you have a list of these keywords, ensure that you actively track performance for these keywords and the relevant pages are optimized for these keywords
  • Also, map out the back-link profile for your competition’s top-ranked pages in A. Back-links are a key driver of SEO performance.

Step 7: Compare Your Backlink Landscape With the Competition

It is really important to map out your competitions back-link profile. For your competition’s top-ranked pages identified in Step 6, make sure you have the following answers:

  • How many back-links do these pages have?
  • Which domains with high authority link to them?
  • Do these domains link to you? If no, you have an opportunity to link to them and raise your rank.
  • How does the back-link profile for your competitor’s domain (not just top-ranked pages) compare with you in terms of number of links and value of these links? This analysis might call your attention to a linking project, using white hat techniques) to shore up your back-links.

There are a large number of tools that look into back-link analysis, some are here.

The important thing to remember is that numerous tools give you numerous results so it’s important, regardless of the tool you use, to set important benchmarks accordingly and follow them rigorously. Make sure you look into back-link distribution by page-rank quality and identify historical trends.

Step 8: Compare On-Page Factors of Your Pages With Top 10 Ranked Pages for Every Keyword

Finally, it’s time to look into and compare on-page factors with your competitive analysis as we move from strategic awareness to tactical implementation. Understanding gaps, turning them into opportunities and build recommendations around on page factors is important to do in parallel with your off page strategies.

Use this knowledge to:

  • Get ideas/suggestions for your on-page tags, especially titles, H1, and meta descriptions.
  • Make the case for SEO improvements to your website, within your company.
  • Educate everyone in your company on best practices for SEO.

Beyond Competitive Intelligence – Forecasting Opportunity

Evaluating your competition and uncovering opportunities is one thing. Placing a business value on these opportunities and managing your efforts based on this value helps you prioritize your approach and make your competitive intelligence initiatives ROI focused.

In Step 6, we talked about uncovering keywords that your competition ranks on that you don’t and grouping them into business themes. Forecasting the dollar value of targeting each of these groups helps you decide which groups to pursue. It also helps you make a business case for investing in SEO for these keywords.– Jim Yu, SearchEngineWatch

No time? No expertise? Not sure where to start?
Outsource to BersonDeanStevens.com
Call Lori 877-447-0134, x111.

Marketing Made Easy!

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s