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How to Do an SEO Competitor Analysis Report: A Full Guide

Last updated: Jun 19, 2024

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In the dynamic US digital marketing landscape, getting ahead of the competition is all that matters. One of the most effective strategies to achieve this is through a comprehensive SEO competitor analysis. 

By learning the strategies and tactics used by your competitors, you can gain invaluable insights to inform and improve your own SEO efforts. 

In this guide, you will learn the steps to creating a thorough SEO competitor analysis report. So, let's take a look at the discussion below!

Illustration of an SEO specialist doing an SEO competitor analysis report.
Figure 1: Illustration of an SEO specialist doing an SEO competitor analysis report.

 

What Is SEO Competitor Analysis?

SEO competitor analysis or competitive analysis report is an important process in digital marketing where businesses research and analyze their competitors' SEO strategies. 

By examining aspects such as keywords, content, and backlinks, companies can gain valuable insights into what makes their competitors successful online. 

In addition, this analysis helps in identifying gaps and opportunities in its own SEO approach, ultimately leading to improved search engine rankings and online visibility.

 

Why SEO Competitor Analysis Report Is Important?

By evaluating and analyzing your competitors' websites, you can gain invaluable insights into their SEO strategies. This process allows you to benchmark your SEO efforts against those of your competitors, providing a clear picture of where you stand in the competitive landscape.

With SEO Competitor Analysis Report, you can: 

  • Learning from Competitors' Success: By identifying what works well for your competitors, you can adapt and implement similar strategies to boost your SEO performance.
  • Identify Weaknesses: Recognizing areas where your competitors fall short offers opportunities to strengthen your SEO efforts in those specific areas, gaining a competitive edge.
  • Discover New Opportunities: By examining your competitors' keyword strategies, content types, and backlink profiles, you may uncover untapped opportunities for your own SEO efforts. 
  • Stay Updated on Industry Trends: Monitoring your competitors' SEO activities can help you stay informed about changes and trends in your industry. If you notice a competitor investing heavily in content related to a specific topic, it may indicate a growing interest or demand among your target audience.
  • Refine Your Strategy: Armed with insights from competitor analysis, you can refine and optimize your own SEO strategy.

 

How to Do Competitor Analysis

After you know the fundamentals of SEO competitor analysis report, you might be wondering how to do the competitor analysis. Below is the full explanation of it step by step.

 

1. Identify Your Competitor

The first step in how to do competitor analysis is to identify your competitor. Whether your domain is well-established or you're just starting, understanding who your online competitors are will provide the foundation for your SEO strategy.

Direct competitors are those websites that rank high on search engine results pages (SERPs) for the same keywords you’re targeting. They offer similar products or services and are competing for the same audience.

Here are some things to consider when identifying your competitors:

  • SEO Competitors vs Physical Competitors: Your online competitors may differ significantly from your physical store competitors. SEO competitors are defined by their presence and performance on search engines.
  • Variety of Competitors: If your site offers a variety of products or services or covers multiple topics, your competitors may be different for each category or topic. It is crucial to identify competitors in each niche you are targeting.
  • Strategic Advantage: Understanding who they are and how they operate will allow you to develop a strategy to outperform them.

 

2. Understand Your Niche

The second step in how to do an SEO competitor analysis report is to understand your niche. Conducting thorough research on your niche, including competitor analysis, is essential before entering the market. 

By analyzing what products or services competitors provide, their backlink profiles, keyword targeting, content strategies, and authority levels, you can gauge the competitiveness of the landscape. 

This research helps identify content gaps, opportunities, and weaknesses, so you can effectively shape your content strategy. 

Additionally, this research can reveal unfulfilled needs in the market, thus offering opportunities to improve your business model by providing products or services desired by your audience.

 

3. Check Your Competitor Authority

The next step in how to do an SEO competitor analysis report is to check your competitor's authority. Assessing your competitors' authority scores is crucial to understanding how search engines perceive them. 

This score, which is influenced by factors such as backlink quality, content relevance, and overall site credibility, indicates the competitive strength of your competitors in the digital landscape. 

By evaluating this score, you can measure the level of difficulty to outrank them and identify areas where you need to improve your site's authority.

 

4. Perform Keyword Gap Analysis

Conducting a keyword gap analysis involves identifying keywords that your competitors are ranking for, but not you. This process helps find valuable opportunities to optimize your content and target new keywords that are relevant to your audience.

 

5. Find Keywords Competitors Have Lost

Analyzing keywords that have recently lost rankings by your competitors can reveal valuable opportunities to improve your SEO strategy. 

This approach allows you to capitalize on the gaps left by your competitors, potentially capturing the traffic they have lost. 

By strategically targeting these lost keywords, you can improve your rankings and attract more visitors to your site, thus gaining a competitive advantage in search engine results.

 

6. Identify New Keywords Competitors Rank for

Monitoring the new keywords that your competitors are ranking for provides valuable insights into their evolving content strategies and direction. 

Analyzing these new keywords also helps you understand emerging topics and areas of interest within your niche, allowing you to tailor your content strategy accordingly. 

Additionally, observing your competitors' success with these keywords can inform your approach to content development, helping you stay competitive and relevant in the ever-changing landscape of SEO.

 

7. Conduct Content Analysis

Conducting a thorough content analysis involves assessing the type and quality of content produced by your competitors, including their utilization of multimedia elements like images, videos, and infographics. 

By evaluating these aspects, you can identify strengths and weaknesses in their content strategy. This analysis provides opportunities to create superior, more valuable content that resonates with your target audience and outperforms competitors. 

 

8. Analyze Meta Titles and Descriptions

The last step in how to do an SEO competitor analysis report is to analyze meta titles and descriptions. Analyzing meta titles and meta descriptions involves comparing your competitors’ titles and descriptions to yours to gauge effectiveness and relevance. 

By assessing how competitors present their content in search engine results pages (SERPs), you can identify opportunities for improvement and optimization. 

Additionally, optimizing meta titles and descriptions to enhance click-through rates is crucial for outperforming competitors and increasing visibility in search results. 

 

Closing 

That was the full explanation of the SEO competitor analysis report to implement into your strategy.

By implementing the strategies outlined here, you can refine your SEO tactics, identify new opportunities, and ultimately elevate your digital marketing efforts to new heights. 

If you are looking for expert guidance and support in implementing SEO fundamentals, consider collaborating with cmlabs. 

cmlabs provides the best SEOlutions supported by the latest approaches and technologies as well as industry expertise. Certainly, all the SEOlutions provided are tailored to the existing of your issues. 

Try SEO Services by cmlabs and let cmlabs be your guide in achieving SEO success!

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