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6 Steps to Conquer Your Competitor Analysis

This video outlines 6 easy steps you can take when performing a competitor analysis — meant especially for your marketing efforts. You don't need much experience when doing your first bit of competitor research. You just need to know where to look for the right information. You can use different tools to understand the keywords your competitors are targeting in search engines and in their ads, and also to help you identify opportunities where you can grab up some extra visibility (and market share) online. Competitor research is a valuable tool that you can use not just in your marketing efforts, but also in many other aspects of your business. Spend some time getting familiar with what your competitors are doing, and apply your findings to your own strategies. ⌛ Video timestamps: 00:00:00 // Intro to competitor analysis 00:01:16 // Step 1. Figure out who your competitors are 00:01:58 // Step 2. Figure out what marketing strategies you want to analyze 00:02:34 // Step 3. Use digital analysis tools 00:03:19 // Step 4. Perform a SWOT analysis 00:04:37 // Step 5. Compare yourself and different competitors 00:05:28 // Step 6. Use your data to upgrade your marketing 🎥 Check out these videos to keep learning! 7 keyword research tools ▶    • 7 Noteworthy Keyword Research Tools f...   How to plan a marketing budget ▶    • How to Plan a Marketing Budget for 2024   SEO checklist ▶    • SEO Checklist: How to Get More Traffi...   📘 We also have written content on our website! 8 competitor analysis tools ▶ https://www.webfx.com/blog/marketing/... How to improve SEO with competitor keyword analysis ▶ https://www.webfx.com/blog/seo/compet... How to check competitor website traffic ▶ https://www.webfx.com/blog/marketing/... How to analyze the SERPs ▶ https://www.webfx.com/blog/search-eng... ▶ Subscribe to our YouTube channel for new videos every week! https://www.youtube.com/c/webfx?sub_c... ▶ Want digital marketing insights sent to your inbox? Sign up for Revenue Weekly! https://www.webfx.com/email-signup/ ▶ Ready to start driving results with your digital marketing? Give our experts a call at 888-601-5359 or head over to our website at https://www.webfx.com/free-quote/